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Luther Campbell, the creative force behind 2 Live Crew and some of their timeless melodies such as The Fuck Shop, Get the Fuck out of My House and I Ain't Bullshittin, has taken his company public.

The New York Post reports:

The hip-hop legend - personally responsible for the "Parental Warning" on CDs thanks to the rebellious and outlandish lyrics on his group's 2 Live Crew discs - has merged his entertainment and sports management company into a public shell company that's now listed on Nasdaq.

Luke Entertainment Group, ticker symbol LKEN, started trading last month.

"Going public gives me more freedom and a better opportunity," says Campbell, 46, who's known in the music industry as Luke Skyywalker.

Campbell, who will serve as Chief Creative Officer, hopes to mimic other so-called 360 deals like the one Live Nation recently inked with Madonna. That is, to represent talent in more than just record deals but in concert promotion, tour management and in other areas.

Hmmm. I have to say I’m not terribly impressed by someone who adds an extra “y” to Skywalker being the Chief Creative Officer. The article notes that the stock closed yesterday at $1.

(Via: The Stalwart).

Posted by edelfenbein at December 10, 2007 9:53 AM