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JR ‘signifies interest in buying’ AKA’s Beam Group

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Source: /Instagram

The saying one man’s loss is another man’s gain might get to play out between two of SA Hip Hop’s closest allies in and .

The former recently announced plans to shut down his Record Label, Beam Group, with the latter jokingly indicating interest in purchasing the imprint.

The SupaMega had taken to social media platform to announce the fact that his outfit wasn’t working as quite as he would have loved and therefore, he was pulling the plugs on the venture as well as severing business ties with partner, Prince Nyembe.

Source: /Instagram

While several fans had different reactions to the intending demise of a label that released and distributed one of the campaign’s finest albums in ’s “Touch My Blood,” JR simply tried to cheer his close pal.

He replied “Lemme buy It” to ’s initial Tweet which read “Unfortunately I also have to announce that Beam Group now no longer represents or manages me in ANY capacity. While I remain the owner of the company, I’m actually in the process of shutting it down.”

However, JR is one of the most established entrepreneurs in the game after about a decade on the stage and has gone on to make a success of his Feel Good Live Sessions off his famous balcony.

In fact, he recently scored a massive big win with the series – making a move from YouTube to MTV Base.

In a recent interview with TshisaLIVE, JR talked about his business moves, record company as well as the support of young, upcoming talents in the industry.

“I have been running my own record company since 2009. I have been in business for 10 years. Business has always been in my bones. It has always been the way I have helped young artists and showed them what kind of deals to sign. Basically, help them. It has always been something I pride myself in. We have signed so many guys and made them into big names.”

Source: JR/Instagram

Not done, JR delved into the importance of record company owners understanding the vital factor of being an artist; saying both were of seamless value.

“We need people who run companies that actually know what it is like to be an artist. To work hard. Who can answer the hard questions and know what you are going through. That is unique.”

JR completed the chat with his goals and intentions for the continued growth of South African Hip Hop.

“We are heavily invested in SA hip-hop, we want it to succeed. That is why we work so hard to keep it going. The whole industry has gone digital and we need to keep up. We need to push the culture and adapt or we will get left behind.” he concluded.

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