Diddy Laments Of Glass Ceiling, Black Executives In The Music Industry
Diddy drops knowledge in his interview with Variety.
As part of a history of the characteristic of the Variety, Sean "Diddy" Combs spoke in detail about the problems that are currently plaguing the black community. During the conversation, the Hip-Hop entrepreneur addressed the lack of business investments, the impact of gentrification and much more.
Having founded Bad Boy Records in 1993, Diddy proved his experience as he spoke of the exclusion in the hands of record companies who make money off of black culture.
"You have these record companies that are making a lot of money with our culture, our art form, but they are not the investment or even to believe in us," Diddy said. "For all the billions of dollars that these black executives have been able to make them, [there is still hesitation] to put in the charges of a high level."
He continued, "They are going to go and they are going to recruit cats from abroad. It makes sense to give [executives of color] as an opportunity and embrace the evolution, in place of which we can only for president, VICE president, senior ... There's no black ceo of a major record company. That is as bad as the fact that there is no [black] the majority of the owners of the NFL. That is what really motivates me."
Sean @Diddy Combs slams of the industry the lack of investment in black enterprise, progress, next moves, (COVER story). Link in the bio.
A post shared by variety Magazine (@variety) on July 10, 2018 at 6:33am PDT
Diddy later touched on the negative side of the gentrification and its aftermath, specifically in the City of New York.
"Gentrification is heartbreaking," he said. "When I go back to New York city, the energy that doesn't feel the same — the nightlife, the excitement, the provocativeness. In Harlem you still feel that, although the community has gotten displaced and shrunk."
Check out Diddy the whole discussion with a Variety of options.