O1LT.COM "HOT AND BLACK" REPORT-JERMAINE DUPRI/DIDDY/WENDY WILLIAMS EXPERIENCE/DEF JAM!!!!

By L.T. Dinwiddie
According to my sources Jermaine Dupri and Virgin Records are no longer affiliated with each other. My source also says that every since Jermaine came on board with Virgin that there have been issues and the staff really hated him. The New York Daily News is talking about it. I’m personally over it. Let this be a lesson to you all, don’t mix business and pleasure. Better yet I'll put it even more plainly - don’t sh*t where you work.

I told you on Monday that Jermaine Dupri had threatened to quit his job as president of Virgin Record's urban music division because he blamed his colleagues for badly marketing the CD of his girlfriend, Janet Jackson. Yesterday, sources said Dupri was in fact out of there. A rep for Virgin CEO Jason Flom had no comment by deadline.

Did anyone watch Wendy Williams show on VH1 Friday night? I have published my review on the show. WENDY WILLIAMS EXPERIENCE REVIEW

Has Jay-Z made a secret agreement to endorse Armand de Brignac Champagne? If you watched his new video “Show Me What You Got” then you would have noticed the James Bond-style video for "Show Me What You Got", Jay-Z races Lamborghinis in Monaco with Dale Earnhardt, Jr. and Danica Patrick before racing speedboats to a private island. Upon docking, Jay-Z hands a mysterious silver attache case to a female attendant and makes his way to a party, where he drops a rhyme about Armand - "Gold Bottles of that Ace of Spades." - while holding the Champagne bottle. FULL STORY

Ciara received the key to the city Riverdale, GA last Friday morning. I wanted to attend the event but couldn’t get my tail out of bed at 9:45am. Oh well it happens right, here are the pictures. FULL STORY

Damn Slick Rick is in trouble again. I am sure you all heard about the shooting back in 1990 that landed Slick in jail for 5 years and 12 days. I am sure you also know that he was facing deportation because the laws in the country forbid any foreign national who serves more than five years in prison for committing a felony to remain here. Though it had appeared that Slick was going to stay here in United States when hip-hop’s most prominent and influential figures like Will Smith and Russell Simmons rallied around him in support it is still undecided what his fate will be. The rapper's case has been assigned to Florida's 11th Circuit Court and he has been stripped of his status as a permanent resident and once again, faces deportation. FULL STORY

Does anyone really believe that Diddy and Kim Porter are a couple? I don’t know why I am even wasting my energy on this nonsense, but I understand my role with this site. You all come to O1LT.com for the truth as I see it. Well my truth regarding Diddy is that Kim and the twins make for good PR but my sources close to the star tell me there is nothing going on behind the scenes regarding Kim and Diddy. First off the fact that you all actually believe that he is…… let me stop. Anyway The New York Daily News is confirming my suspicions. They have published a report that says Diddy was hugged up on some white woman at his album release party. FULL STORY

Speaking of Diddy…...

Diddy has confessed to being obsessed with group sex in champagne-filled baths when he was a bachelor.

The rapper, whose long-term girlfriend Kim Porter is pregnant with twin girls, indulged in all his most wild fantasies when he was single, and admits his fetish for food-based sex and multiple partners spiralled out of control.

He said in an interview with Vibe magazine: "I'm nasty. In the mid-'90s I was buck-f***ing wild - beyond ménage à trois. It's crazy, you're twenty-something and renting the presidential suite at the Hotel Nikko in Beverly Hills. You got the bathtub filled with champagne and chocolate-covered strawberries. Then sex became dangerous."

Speaking of Diddy again...

Diddy went on NY's Power 105.1 with Egypt and Ashy a couple days ago. He was discussing how not only did he cheat on J-Lo, but she cheated on him. And he's naming names. FULL STORY

If you’re a fan or Mychael Knight from Project Runway, then you can check out his new website showcasing his collection. He’s got nice stuff so check it out. I personally want a blazer that I want. FULL STORY

*Continuing to expand his business interests, Shawn “Jay-Z” Carter has teamed with ESPN to produce a boxing-themed television series, and will join forces with Anheuser-Busch to help set up strategic marketing programs and creative ad development for the brand Budweiser Select. FULL STORY JAY-Z BUDWEISER COMMERCIAL

This was posted on Def Jam's message board recently.

2006 was a great year for Def Jam Recordings, scoring hit records with Ne-Yo, Rihanna, Rick Ross, and LL Cool J to name a few. However, the year is not over yet…

December brings new albums from Young Jeezy (December 12), Bobby Valentino (December 12), and Ghostface (December 26), as well as the Def Jam debuts from Nas (December 19) and Fabolous (December 19)!

Tupacs new CD cover has hit the web.

Cameras outside of Justin's restaurant in New York caught members of rapper Fabolous' crew snatching a chain worth $50,000 off Boston Celtic basketball player Sebastian Telfair's neck minutes before shooting.

According to the New York Daily News, the surveillance footage captured one of Fabolous' friends taking Telfair's chain while another man watched. The two men then went into Justin's restaurant, where they allegedly joined Fabolous and other friends. FULL STORY