Monday, January 23, 2012

Swizz Beatz Backs Away From Owners Title


As Swizz Beatz prepares to be questioned by the FBI concerning his involvement with Megaupload, Swizz' handlers downplay his alleged ownership...

From The NY Post
When Page Six first revealed last week that Beatz was CEO of the Hong Kong-based file-sharing site, Megaupload lawyer Ira Rothken didn’t dispute Beatz’s position in the organization and acknowledged that Beatz persuaded Kanye West, Will.i.am and Sean “Diddy” Combs to participate in a promotional video for the site.

Rothken changed his tune Friday, telling the blog Venturebeat that “[Beatz] was negotiating to become the CEO, but it was never official.” Rothken didn’t get back to us to explain his altered view. Sources tell us Beatz has been CEO of the company for close to a year.

“Swizz is satisfied that he isn’t being investigated for any wrongdoing because had this been the case, they would have picked him up at the same time as the others,” a source said. “Swizz had no idea this was coming. He is very much in the dark about this investigation.”

Meanwhile, Keys’ camp is not commenting about the Web site, which she endorsed with a video testimonial.

A source added, “This appears to be a situation where Swizz agreed to be the CEO of Megaupload without first doing his due diligence about the company.”