Yo Gotti says 50 Cent told him to change the name of his Cocaine Muzik Group label name, because he would not be successful.
“I was having a [phone] conversation with 50 Cent, and he was like, ‘Yo, you’re winning, but you can’t be Cocaine Muzik Group — that’s too harsh. They’re going to be scared of that,’” Gotti told Billboard magazine. “[I] thought about it like, ‘Damn, he’s right. What else does CMG mean?’ He put it in my head to start thinking in that direction.”
Gotti listened and changed the name to Collective Music Group.
Gotti also said that his label does not believe in getting into a bidding war with other artists to sign talent.
“As a label, one thing we don’t do and will never do is be in a bidding war,” he said. “You want to be with us? Then we’ll work out business terms that make sense for both of us.”
[social_warfare]