"New York is the home to the world's biggest media companies, the nation's second-largest Spanish language television market and the most diverse Latin population of any city in the world," Mayor Michael Bloomberg said, announcing the October 19 awards ceremony.

Spanish-language television draws close to 40 million viewers in the United States, according to the National Academy of Television Arts & Sciences.....

Word is Jay-Z will soon be coming out of retirement and has been working on a new album with A-list producers like Dr. Dre, The Neptunes, Cool & Dre, Timbaland and Kanye West.

Though the God emcee has secretly been working on his comeback, Kanye and The Neptunes have hinted to be working on the project in various interviews. In Playboy Magazine's August Issue, red hot production team Cool & Dre revealed that they contributed to Jigga's project...

MC Hammer's back catalog has been sold for almost $3 million, according to reports. The collection of music, which amounts to approximately 40,000 songs, including global hits "U Can't Touch This" and "Pray," has been bought by the music company Evergreen.
Evergreen described the collection, which they bought for $2.7 million, as "some of the best-selling and most popular rap songs of all time."...