Hip-Hop News: Al Sharpton Wants Record Company Stocks
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Posted by Dave
Rap News Network
3/22/2005 11:09:30 AM
Rev. Al Sharpton takes his fight against Hip-Hop violence a step further by seeking to buy stock in record companies.
 
 "I don't think too many CEOs want to see me come into his stockholders' meeting to say that they're not doing enough to stop violence," Sharpton told the NY Daily News. However, he neglects to state which companies he's targeting and how many shares he plans to buy.
 
 Sharpton also plans to put pressure on the Federal Communications Commission to enforce heavier regulations on Hip-Hop radio stations. "I do not understand how the FCC can make a lot of noise around Janet Jackson and that case with Howard Stern; but [the FCC] has not said anything about a pattern of shooting and other violence at radio stations."
 
 Following last month's shooting outside Hot 97 between members of 50 Cent's and The Game's entourages, Rev. Al has been pursuing a radio ban on for artists who commit acts of violence. After Lil Kim's perjury conviction last week, stemming from another Hot 97 shooting in 2001, Sharpton blasted the station as an outlet where rappers go to perpetuate negativity and violence against each another over the air waves.
 
 "At which point does it go from programming to inciting," states Sharpton. "I'm not giving up on rap music; I'm trying to make sure it's rap music and not attack music. We're going from 'Fight the Power' to fighting each other."
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