Roc-A-Fella Records

Roc-A-Fella Records is a prominent record label founded by Jay-Z, focusing primarily on hip-hop music. Established in 1995, it has been instrumental in launching the careers of many notable artists and has produced numerous successful albums and hits within the genre.

CCI Score

41.24

-0.03% April 18

Latest Event

State Acquisition Alters Corporate Ownership at Roc-A-Fella Records

Following a legal ruling prompted by Dame Dash's $8.7 million tax debt and unpaid child support, the state of New York purchased his one-third stake in Roc-A-Fella Records for $1 million. The move not only enforces fiscal accountability but also introduces state oversight into the company, amidst internal disputes including accusations against Jay-Z regarding the auction process.

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DISSENTER

Roc-A-Fella Records is currently rated as a Dissenter.

+25 to +44 CCI Score

These companies are vocal in their opposition to authoritarian regimes. They publicly criticize oppressive policies and engage in advocacy efforts to promote accountability and transparency, even if their actions aren’t as extensive as those of Moral Leaders.

Latest Events

NOV

18

2024

State Acquisition Alters Corporate Ownership at Roc-A-Fella Records
40.29

Following a legal ruling prompted by Dame Dash's $8.7 million tax debt and unpaid child support, the state of New York purchased his one-third stake in Roc-A-Fella Records for $1 million. The move not only enforces fiscal accountability but also introduces state oversight into the company, amidst internal disputes including accusations against Jay-Z regarding the auction process.
+50

Public and Political Behavior

April 6

The state's intervention in acquiring a significant share of Roc-A-Fella Records underscores a robust public and political action, reinforcing accountability by redirecting funds to cover legal financial obligations. This move enhances government oversight in corporate governance, countering potential private power abuses.

New York State Buys Dame Dash’s Stake in Roc-A-Fella Records – SWAY'S UNIVERSE
+30

Economic and Structural Influence

April 6

The acquisition introduces a layer of public oversight into the company’s structure, thereby promoting accountability and reducing the risks associated with unchecked private ownership. By enforcing legal and fiscal responsibility, it counters vulnerabilities that can lead to authoritarian tendencies in corporate governance.

New York State Buys Dame Dash’s Stake in Roc-A-Fella Records – SWAY'S UNIVERSE
NOV

15

2024

State Intervention Alters Ownership Structure at Roc-A-Fella Records
42.18

On November 15, 2024, New York State acquired a one-third share of Roc-A-Fella Records, previously owned by Dame Dash, through a creditor bid at a Manhattan auction. The purchase, which secured a $1 million bid to help recover an $8.7 million tax debt and address unpaid child support obligations, came amid controversy including Jay-Z’s contested claims regarding album rights. This state-led move signals increased public and fiscal oversight in corporate asset management.
+40

Public and Political Behavior

April 6

The active involvement of New York State in acquiring a corporate stake illustrates significant public and political engagement aimed at enforcing fiscal responsibility. This intervention counters potential financial mismanagement by using governmental oversight to ensure accountability in corporate affairs, a stance that aligns with anti-authoritarian principles.

Dame Dash Roc-A-Fella Share Bought by New York State
+50

Economic and Structural Influence

April 6

The acquisition, motivated by the need to recover significant tax arrears and child support obligations, reflects strong economic and structural intervention. This action underscores the role of state mechanisms in correcting problematic ownership structures and preventing financial irresponsibility, contributing positively to public fiscal oversight.

Dame Dash Roc-A-Fella Share Bought by New York State