Luther Campbell Takes Luke Entertainment Group Public

On Monday (December 3) Luther Campbell announced that his company, the Luke Entertainment Group, will be publicly traded on the Nasdaq exchange pink sheets under the stock symbol LKEN. The company is comprised of a digital media arm, a sports management division and an independent music division. Shares will begin trading in this month. Luke, who will serve as chairman and chief creative officer, has appointed internet entrepreneur Victor Nappe as CEO. Nappe has consulted for Fortune 500 companies and has chaired e-commerce advisory panels for the U.S. Congress, Kaiser College Business School and others. “The Luke Entertainment Group going public is an important milestone for Hip-Hop music,” Luke said in a statement. “The Luke Entertainment Group will be an example of the influence Hip-Hop music has on the economy and how our culture directly impacts technology and consumer spending. This will also serve as an opportunity for me to teach the Hip-Hop culture the power of investing, as many people are probably unfamiliar with Wall Street and how it can help improve your long term wealth.”

  • ATL = All Trannies Live

    This is the story of the year. Black man collecting “WEALTH” not just getting rich.

  • Deez Nutz

    Thats is huge…he might not benefit the most from it but he opening the door. I always wondered why nobody ever considered this…this potential is unlimited…Now this is something XXL should be doing a cover story on…progression in hip hop, not setbacks

  • Timbo

    I agree that XXL mag should be reporting on this in-depth. it pains me to say it and to make the comparison, but despite a lack of integrity from the publishing side, The Source already brought it when it came to journalism and reporting into the wider ‘hip-hop’ picture. XXL needs to focus on things like this as well as the music.

    It’s a shame that most teenagers would never glance at a Luke magazine cover on floating his company but will buy a Lil Wayne cover. It’s a greater shame that XXL would probably never dare take a risk and do it anyway.

  • heebyjeeby

    Word to the wise: Pinksheet stocks are very dangerous to invest in. They are usually small start-ups which exist solely to raise $ by selling stock and to pay their exes large salaries. Pinksheets aren’t traded on a traditional stock exchange and do not have to comply with regular filings; As such there is limited information on these companies. Given Luther Campbell’s history of not paying royalties to his artists, I would be very, skeptical in investing in this corp. Also, I point to Luke’s mishandling of Luke Records and the multiple Chapter 11 bankruptcy filings.

  • Pingback: Luther Campbell Takes Luke Entertainment Group Public | Technology

  • British B

    HeebyJeeby u a hater a bitter motherfcuker. You sound like you blatantly googled Luke for the negative shit. Y dont you educate us on wht u require to get on the index..

    So fcukin what this is a fcukin milestone this is a power move.. Has Jay-z or anyone of the CEOs that makin mills off us given us a insight or door into the makin white paper I dont think so.

    Anything is a risk cause u can see the potential we all can see u hatin, who gives a fcuk about bankrupcy any1 that knows what that is then they know that dont mean shit.. master P went bankrupt is he broke is he a failure no.. You a fcukin hater.. U need a prayer.. You dont have to drink from the well if you dont want 2 luke aint forcin nobody but when these shares are microsoft money we’l c. We do run hip hop not u haters..

    • Caine

      Damn Lil man, calm down. Homie just dropped a gem. U sound like da bitter one to me. Go educate yourself on how to read and type befor you go being all belligerent and shit.

  • Don’tBelieveTheHype

    You can tell when someone doesn’t have an argument when they start yelling “hater!”…
    Good lookin’ out HeebyJeeby. I don’t see why giving someone truthfull information and sound advice would be “hatin’” but I’m probably a hater too.
    Who cares if Master P or anyone else has cash? If they filed bankruptcy I want to know about it if they are asking for an investment from me.

  • ANTO

    as nasdaq as he wanna be

  • Jay

    Huge for hip hop!!!! if you aspire to be in the music industry you should be excited. More money means more opportunity for all of us.

  • CED

    Yes, it is all for show! Now, his stock is worth less than $2 on the NASDAQ, as of yesterday!

    WE ARE IN THE LAST DAYS!

  • heebyjeeby

    If my post was written because I am a hater and bitter, then put your money where your mouth is and buy some of his pinksheet stocks. In about a year or so you will be joining the countless numbers of disapointed shareholders who are devastated when you start to see that executive salaries and “transportation” expenses account for 60-75% of the $ raised from the sale of shares, and that company cashflows and revenues are at about $50.00, or are negative. Happy investing.

  • Pingback: NEWS ON PIMP C DEATH - latest news on p c death rip

  • http://www.cdbaby.com/mrpain mr.pain

    http://www.cdbaby.com/mrpain i’m happy to see hip-hop going up. making power moves doing my thing. http://www.cdbaby.com/mrpain holla back

  • British B

    LOL this shizzle be funny… Your points are valid.. I should of been abit more clear..

    Ok let me re phrase it..

    Y would anybody b against a black man trying to share the wealth accumulated by a industry created and supported by us amongst us all!!!! or be aginst enlightening those who do not know and the youth comin up on how to get different dollars other than dirty dollars

    Who gives a fcuk if he fell off his bike a few times he is tryin and showing you cann get up again even if your busines fails once..

    If we learn these hustlenomics with sumthing we can relate to then there aint no reason we cant transfer the skills and knowledge good or bad to other trading markets

    Over here we can just about get a video on screen never mind publishing or radio air play so being gratefull for the chances you lot got..

    And finally heebyjeeby and Don’tBelieveTheHype would you like to trade some of my pounds for some of your dollars today….

  • http://www.lukerecords.net Luther Campbell

    For the people that think what i am doing is good bizz i thank you. An for you that think what i am doing is bs then i say this to you people said the same thing when i was the FIRST to start my own hp rec luke records 20 years ago they said you can’t start a rec com you got to be with the big boys an luke you are not from NY.I love what i see in the game today this is the next step for us all if you can’t see it then in 20 years from now you will be like all others an say master P was the frist.Thank you for your time
    LUTHER R CAMPBELL

  • Pingback: Oprah Gets Money + Luke Campbell Launches UNCLELUKE.TV « CORPORATE TAKEOVER | The Mouthpiece For Hustlers!

  • http://www.afacinfo.org/ Lashonda Callison

    inordinate entry you sit on

  • http://dataentryjobssite.com data entry jobs site

    There are some interesting points in time in this article but I don’t know if I see all of them heart to eye . There is some validness but I will take hold legal opinion until I look into it further. Good article , thanks and we want more! Added to FeedBurner too.

  • http://www.dumboGillice5710.com Joshua Kolkowski

    They did that with effortless intelligence.

  • http://doginsurancetoday.co.uk/getting-the-ideal-dog-insurance-for-the-favorite-pet/ Otto Johnson

    I must say, while checking through 100′s of blogs daily, the theme of your blog stands apart (for all the correct reasons). If you don’t mind me asking, what’s the name of this theme or is it a custom made affair? It’s much better than the themes I use for many of my blogs ;-)

  • http://www.dogubatinakliyat.com Nakliye

    Hi guy did you have other links ? I deal letter improve for my dad … ..

  • http://minority-scholarships.net/nursing-grants nursing grants

    Is this a premium wp theme?

    thanxx

  • http://www.legalsoundz.com Legalsounds

    Wow!, this was a top quality post. In theory I’d like to write like this too – taking time and real effort to make a good article… but what can I say… I keep putting it off and never seem to get something done

  • http://www.x-safe.net Antivirus

    Hello guys do you’r had new sites ? I approve clerical advance pro my friend … ..

  • http://nail-technician.org.uk Nail Technician Training

    Thanks for this read mate. Well, this is my first visit to your blog! But I admire the precious time and effort you put into it, especially into interesting articles you share here!

  • http://hechizosgratis.com hechizos de amor

    When I originally commented I clicked the -Notify me when new comments are added- checkbox and now each time a comment is added I get four emails with the same comment. Is there any way you can remove me from that service? Thanks!
    I don’t generally reply to content but I will in this case. Seriously a big thumbs up for this

    thanxx

  • http://www.moulinrougefancydresscostumes.co.uk Wayne Long

    You wouldnt believe how long ive been looking for something like this. Through 6 pages of Yahoo results without finding anything. One search on Bing. There you are!…. Really gotta start using that more often

  • http://vietstaronline.com/forum/index.php?action=profile;u=53417 Thomas Churches

    Good info and straight to the point. I am not sure if this is in fact the best place to ask but do you guys have any thoughts on where to hire some professional writers? Thanks in advance :)

  • http://howtowinthelotteryguaranteed.blogspot.com/ the lotto dude

    Could you tell me the name of this design, or is it a especially designed affair? The reason I ask is that When I look at your RSS feed it seems to be just a lot of messed up text. Is the trouble with your site, or mine? Could it be browser related? Anyone else having this same problem?

  • http://www.abc-maladies.fr/ mutuelle

    This web site is really a walk-through for all of the info you wanted about this and didn’t know who to ask. Glimpse here, and you’ll definitely discover it.

  • http://daranpet5.livejournal.com/ King Mehtala

    hey this is awesome and then again here is another great resource, please check it out and lmk your feedback when you can,thanks a lot. i appreciate ya.

  • http://www.nedir.com nedir

    Hello admin do you’r have old videos ? I love article advance for my dad … ..

  • http://techlearning.com/forum.aspx?g=posts&t=20750&page=4 Byron Gowdy

    More good stuff!

  • http://asiamedia.com/Jobs/index.php?s=8f738f76c4bddfd321033bf5367b7602&showuser=33438 link

    Im getting a small issue. I cant get my reader to pickup your feed, Im using google reader by the way.

  • http://xforum.pl/index.php?s=952379ce9b5a71c50acefd4d1e49c6ad&showuser=39883 this

    Have you given any consideration at all with converting your main site in to French? I know a couple of of translaters right here that might help you do it for free if you wanna get in touch with me.

  • http://www.squidoo.com/pikavippi-pahkinankuoressa pikavippi

    Do youve got a spam issue on this web site; I also am a blogger, and I was wondering your scenario; weve produced some nice methods and we are searching to exchange solutions with other people, be certain to fire me an e-mail if planning to pursue.