New York State Set to Withdraw Funds Over Nas Album Title

Posted: October 30, 2007 in Uncategorized

New York State Set to Withdraw Money because of Nas Album

New York state Assemblyman Hakeem Jeffries (D-Fort Greene) has requested that Comptroller Thomas DiNapoli withdraw $84 million that New York’s state pension fund has invested in Universal and its parent company, Vivendi, unless Nas changes the title of his forthcoming album from Nigger. Jeffries has requested that NY Comptroller Thomas DiNapoli withdraw every dime of the $84 million that the state pension fund invests in Vivendi, which oversees Def Jam Recordings and is home to such artists as Jay-Z, Kanye West, and Fabolous.

Vivendi, the parent company of Universal, is reportedly one of several entertainment companies that receive investments from the New York State pension fund, which exceeds a staggering $2.8 billion.

“[They are] profiting from a racial slur that has been used to dehumanize people of color for centuries,” said Jeffries, according to The Brooklyn Paper.

“It is time for Nas and other hip-hop artists to clean up their act and stop flooding the airwaves with the N-word.”

“It’s like talking to your child about sex,” Nas told Rolling Stone magazine. “It’s hard, but it’s important.”

“It’s probably going to make people uncomfortable. I don’t expect a lot of people to sell a record called ‘Nigger.’ Hopefully, people can open their minds up and lose some of their fear and deal with it. It’s just an album.”

courtesy of playahata.com

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