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Queen Latifah Follows 50 Cent Into Water Business: A Good Move?

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Queen Latifah
From The Network Journal:

Queen Latifah seems to be following in the footsteps of fellow rapper 50 Cent--at least on the business investment front. The singer/hip hop entrepreneur/actress has just invested in the New York based beverage company New York Spring Water Inc.

Under the new partnership with Latifah´s Flavor Unit Entertainment, the company is spearheading a global expansion. Flavor Unit Entertainment is now part owner in the business and will help create the company's strategic mission to expand internationally.


While the details on the amount of Flavor Unit's capital investment are still undisclosed, New York Spring Water Inc. President and CEO Richard Zakka says that the company actively pursued Latifah and that she was the only celebrity investor they considered. He says, he wanted to partner with her because "We are both winners." Flavor Unit co-owner and co-founder Shakim Compere said in a press statement, "Latifah and I are really excited about this partnership. New York Spring Water is an innovative company and is definitely at the forefront of new product developments in the industry."

Read the rest at The Network Journal.


Related:
+Baltimore Sues Wells Fargo For Racist Lending Practices
+Oprah Being Sued for Plagiarism: Booklet Author Seeking $150K


BV -- Talk Back!

-Will you be buying Queen Latifah's new water, because it will be coming from a company that is in part black-owned?
-What do you think of Queen Latifah's continuing diversification of her career? Is it too much? Should she just stick to music?

Leave you comments below!

 

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