Yesterday, social media was on fire with people reacting to video of legendary hip-hop entrepreneur Dame Dash running down on filmmaker Lee Daniels over money owed. The two crossed paths during a Diana Ross concert at the Hollywood Bowl in LA. Dame helped fund Daniels’ early career, loaning him millions of dollars for movies that propelled him to the status that he’s enjoying today.
I straight up loaned this dude Lee Daniels @theoriginalbigdaddy 2 million to pay for his dream of being a director…it was the money I was using to fund my movies and stay Indy…he promised I get my money back in months…then he makes precious and goes missing so he doesn’t have to pay me…then then Butler…empire…same shit Why does this dude feel like he doesn’t have to pay me?…why do I have to look crazy to get my money back…or go to court…ask @theoriginalbigdaddy why he doesn’t feel like he has to pay me even though he has it…what type of shit is this.. #paywhatyouowe I’m going to put this whole thing on my ig tv in a few… true definition of a culture vulture @culturevultures_book …eats off the culture but Robs the culture at the same time… see you back in court Lee your gonna pay me what you owe…please everyone ask him way he doesn’t think he has to pay me… @tmz_tv @vanlathan @theshaderoom @deadline @worldstar @voguemagazine @people @pagesix @oprah @halleberry
To better explain the now-viral video, Dame appeared as a guest on The Quincy Harris Morning Show on Philadelphia’s 100.3 WRNB. In the interview, Dame tells exactly what his dealings were with Daniels in the past and what he is owed:
I gave him $2 million for one project which was the Woodsman, and when I made my money back he asked me to put that money into [the movie] Shadow Boxer and I was very apprehensive about it because that was my working capital to remain independent…he guaranteed me I would get my money back in like, three months. This was three years before the movie Precious. He made me an agreement to put me in every movie he made until I got my money back. My name was not on the movie Precious, I don’t get invited to no screenings. And even before that I put him at the table with a different circle of people. I tried to present him properly, I invested in his movies, we would go to Sundance and Cannes. I put him at the table with people like Andre Leon Talley. He would always sell me on the black thing, “Oh we Black, I go to Oprah Winfrey she won’t give me no money, I go to Denzel [Washington] he won’t put up no money.” So I said, “Ok, I’ll try to help you but when you get there, look out.”
In the interview, Dame was also asked about his storied days with Rocafella Records. When the 22nd anniversary of JAY-Z’s classic debut album Reasonable Doubt which recently passed, Dame said:
It’s important not to live in the past, but to enjoy the past but also know that you have to be doing something in the now. I hate to be that guy that is always talking about what I did 22 years ago. I didn’t do anything unless I knew it was going to live forever, so I expected it to do what it’s doing.
Dame was also asked about his “friendship” with Jigga:
You tell me. I don’t get no money from what we were doing back then and that was strategically done so friends don’t usually do that to friends. I understand the business but as a friend, that was f-d up.
Check out the full interview below: