Magic Johnson Buys into WBLS’s Owner & Says he Quit NBA too Soon

*The magic man, Ervin “Magic” Johnson is reportedly moving towards a controlling interest in broadcaster Inner City Broadcasting Corp. According to TheDeal.com, Inner City’s debt will be sold to Magic Johnson Enterprises and Yucaipa Companies, who partnered…

Lil Wayne Flips Bey’s ‘Single Ladies’; Drake Covers ‘Say My Name’

*People are still filming their own versions of Beyonce’s “Single Ladies” – the latest being Lil Wayne.

The rapper’s take appears in a clip that hit the Web today (Aug 4). Holding a camera, he rhymes: “This is…

Lawsuits Hover Over Aug. 29 Premiere of ‘Basketball Wives: L.A.’

(L-R) Gloria Govan, Jackie Christie and Kimsha Artest…

Bi-Racial Spiderman Debuts Today

 

*It’s time to change things up, said Marvel comic makers.

On Tuesday, a bi-racial Spiderman was revealed, but he’s not replacing Peter Parker. Nope, his story takes place in a parallel universe.

The Black…

Jay-Z Acquires Pharrell’s Billionaire Boys Club Clothing Line

*Jay Z is expanding his business empire with the purchase of a clothing collection co-owned by superproducer Pharrell Williams.

The rap mogul has obtained the licensing to manufacture and distribute the Billionaire Boys Club label via his Rocawear brand, according…

NFL Star-Turned-Actor Bubba Smith Found Dead

*Former NFL defensive star Bubba Smith, who found a successful second career as an actor, has died in Los Angeles at age 66, reports the Associated Press.

Los Angeles County coroner’s spokesman Ed Winter says Smith was found dead Wednesday at his Baldwin…

NBA Lockout: League Files Federal Lawsuit Against Players Association

By DAVE CAMPBELL   08/ 2/11 03:37 PM ET   …

Ex-OWN CEO Christina Norman Headed to Black Voices

*Christina Norman has a new job.

The executive who served as CEO of OWN: The Oprah Winfrey Network for just two years, before being removed in May due to the network’s poor ratings performance, has been hired…

Basketball Wives’ Generates Most Social Media Activity in July

*VH1′s “Basketball Wives” was the most social program in primetime in July, meaning its viewers engaged the most on social media channels around its programming, according to the Hollywood Reporter.

Fox’s…

As Expected, President Obama Signs Debt-Ceiling Legislation

*President Obama has signed legislation to increase the nation’s borrowing authority and avert a potentially catastrophic government default.

Obama signed the debt-ceiling bill privately in the Oval Office…

Beyonce Makes Platinum with Album ’4′

*Despite the apprehension by some over Beyonce’s “4” album, it’s already gone platinum.

“Thank you to all the fans that…

Rep. Lamborn: Working With Obama Is like 'Touching a Tar Baby'

ABC News’ Mary Bruce (@marykbruce) reports:

In the midst of the contentious debt-ceiling stalemate last week, Republican Representative Doug Lamborn of Colorado used a controversial,…

Naturi Naughton, Jenifer Lewis Refute Sexism Claims in NBC’s ‘Playboy Club’

*NBC’s upcoming drama “The Playboy Club” had a lively discussion this morning at the Television Critics Association press tour in Beverly Hills, where the entire cast –…

State probes school test cheating in Waterbury, but officials insist no sign of widespread CT scandal

State Sen. Andrea Stillman…

Fantasia Barrino Confirms She’s Pregnant

*Fantasia Barrino has made it official.

While singing at an event Sunday marking the opening of the Riverview Apartments in Jacksonville, Florida, the season 3 winner of “American Idol” announced she’s expecting a child.

“You…

Justin Combs Recruited by Major College Football Programs

*As if he needed one, Sean “Diddy” Combs’ son, Justin Combs, has been offered scholarships by several colleges, but so far is undecided.

According to Scout.com,…

TAMI FROM 'BASKETBALL WIVES'IF MEEKA COMES BACK ...I'M GONE

Meeka Claxton Suing Tami Roman Because She’s Just a B…

*Meeka Claxton admitted on NYC’s Power 105.1 Breakfast Club show that the lawsuit she filed against fellow “Basketball Wives” star Tami Roman is all about humiliation, not to mention …

Eminem’s Music Publisher Settles Lawsuit Against Audi

*Eminem’s music publisher, Eight Mile Style, has settled a lawsuit against Audi for allegedly using the singer’s “Lose Yourself” track in an advertisement for the A6 Avant car.

The lawsuit was filed in German court earlier this year after Audi ran a…