AOL Money & Finance

P. Diddy posts

Feed

P. Diddy looks to Obama to sell cologne

If there was any doubt left that P. Diddy has one of the crassest, most tasteless -- and brilliant -- minds in the history of marketing, this latest stunt should put it to rest.

Next month, Diddy's new men's cologne "I am King" will hit stores, and the hip-hop mogul is hoping that it will resonate with the same people who voted for Barack Obama. "When you see Barack Obama, you see a strong, elegant black man and when people see my ad, it's almost like that's the trend," he told (subscription required) The Wall Street Journal. The paper adds that Diddy plans to promote the fragrance in a lunch he will hold in Los Angeles and on TV talk shows and link his new fragrance and Obama.

How wonderful. Diddy is hoping to capitalize on one of the most historic events in the history of this country to sell people 1.7 ounces of scented water for $100. Ads for the cologne feature a tuxedo-clad Diddy on the French Riviera aboard a yacht, on jet skis and on helicopters.

The commercial success of this cologne would speak volumes about the intelligence of the American consumer.

P. Diddy sued over Notorious B.I.G. rights

According to the Associated Press, Sean "Diddy" Combs is being sued for more than $19 million by a former consultant to his Bad Boy Entertainment Inc. company.

James Sabatino, who is currently incarcerated for an unrelated crime, says he flew the late Notorious B.I.G. to Miami in 1994 to do a show and record tracks. Diddy agreed to pay Sabatino $200,000 for the 17 minutes of vocals and a video recording of the session in the wake of B.I.G.'s murder.

Diddy paid him $25,000, according to the suit, and promised to pay him the rest within 60 days. But when Sabatino was named a "person of interest" in Biggy's murder, Diddy decided to delay payment for fear of guilt by association, according to the suit.

Regardless of the outcome of the suit, it will not be the first time Diddy has come under scrutiny for his handling of Notorious B.I.G.'s music after his death. He came under fire last year for the release of a "duets" album called Duets: The Final Chapter, which was widely seen as a cynical exploitation of the artist's legacy, featuring collaborations with artists he never would have worked with.

Symbol Lookup
IndexesChangePrice
DJIA-17.2410,433.71
NASDAQ-6.832,169.18
S&P 500-0.591,105.65

Last updated: November 25, 2009: 09:04 AM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance