Business split

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8 Feb, 2016

Marquez brothers cancel VR46 merchandise deal

The company in charge of image rights for Marc and Alex Marquez confirms their merchandise will no longer be produced and distributed by Rossi’s VR46 Racing Apparel company. The Marquez brothers are tipped to move their merchandising to Gruppo Pritelli.

AC Management, company in charge of managing the image rights of the riders Marc Márquez and Alex Márquez, informs that they have agreed with the Company VR46 Racing Apparel, S.r.l. to terminate the license agreements previously in force and under which the latter was in charge of the exploitation of both riders’ merchandising. Both parties appreciate services rendered while the agreement was in force and wish each other success in future endeavors.

11 Nov, 2015

Rossi drops Marquez merchandize

According to Italian website, Corriere della Sera, Rossi has decided to end his business ties with Marquez. Beginning next year, the VR46 Store, will no longer manage Marquez’s MM93 merchandise. The Tavullian company owned by Rossi manages the merchandise of 20 riders and hails an annual turnover of 12.5 million euros. Next year, another company will be dealing with the sale of t-shirts, caps and other novelty MM93 products.

4 Nov, 2013

Gaga, Carter split

After Gaga’s YouTube Music Awards Dope performance, Gaga and Carter split over “creative differences.” Sources say Carter has been cut out of the ARTPop album campaign, and Gaga has been refusing his advice:

She doesn’t take direction anymore.

The two had been having rifts in recent months – including a reported fight around August’s MTV Video Music Awards that one source describes as a “blow out,” but was later resolved. Another insider says that Carter, while sad, feels “liberated” to be relieved from duty.


Sanctuary deal falls apart

Sanctuary Urban Group terminates Carter’s five-year contract, as well as those of his Erving Wonder partners, J. Erving, and Tony Davis, before they expired. An eventual settlement closes the chapter on Sanctuary’s alliance with the urban music genre. Carter says the cultures of the two firms were just too different:

Instead of me being able to be creative with the artists, I was sitting in finance meetings a couple of times a week. It killed my spirit as an entrepreneur.

He loses his payday from the sale.

As an entrepreneur you take big swings of the bat. I struck out.