Benzino Claims Fat Joe Played a Role in Lowering the BET Hip-Hop Awards Ratings

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Benzino recently aimed at Fat Joe after the Bronx rapper blamed “gentrification” for BET canceling both the Hip-Hop Awards and Soul Train Awards. Benzino, however, believes Joe is ignoring what he sees as the rapper’s role in the shows’ declining ratings.

The former Source editor-in-chief didn’t hold back while criticizing Joe for speaking on BET’s internal decisions. According to Benzino, Joe’s run as host did nothing to boost viewership.

“Why did Fat Joe say it’s gentrification, after they let his ass host the awards two years earlier?” Benzino said during an Instagram Live session. “The ratings were the worst ever after he hosted it. Was it gentrification when you were hosting it, Joey? Stop, man. Joe, you’re putting out too much misinformation on the internet, bro. You gotta do better, man.”

Fat Joe, for his part, has claimed that BET’s struggles are linked to the network’s move away from Black ownership and culture. He’s described the cancellation of the award shows as “a form of gentrification,” while also alleging that the network has been cutting budgets and quietly letting staff go.

“Little by little over the years, quietly, they’ve been firing a lot of people behind the scenes in BET, and everybody who has something to say, they’ve been firing them,” Joe explained on his Joe and Jada podcast with  Jadakiss. “The budget, not for me, but the budget just kept getting chopped and chopped and chopped.”

Benzino, Fat Joe, BET Awards

 

The BET Hip-Hop Awards have been experiencing a steady decline in ratings over the last three years. Interestingly, Fat Joe has hosted all three broadcasts during that time. In 2022, the ceremony drew about 708,000 viewers.

By 2023, that number fell to 657,000, and in 2024, it dropped to just 333,000 — less than half of what it was two years prior. While it would be a stretch to say Joe alone is responsible for such a drop, Benzino argues that his hosting stint certainly didn’t help the situation.

For more than a decade, the BET Hip-Hop Awards served as an important cultural event. But in recent years, a lack of awareness about what’s current and relevant, along with changes in the network’s business strategy, has hurt the show’s appeal. BET has announced plans to “reimagine” both the Hip-Hop Awards and the Soul Train Awards, with the possibility of bringing them back in 2026.

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Red Hot Chili Peppers Land Over $300 Million From Catalog Sale

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The Red Hot Chili Peppers have reportedly sold their recorded music catalog to Warner Music Group in a massive deal valued at more than $300 million.

The agreement arrives five years after the legendary rock band sold their publishing rights in a separate deal worth around $150 million. According to reports from The Hollywood Reporter and Billboard, the band’s recorded catalog, which includes 13 studio albums and nine releases distributed through Warner Music Group, was officially acquired on Friday for more than double the amount of the earlier publishing sale.

The acquisition is said to be part of a much larger partnership between Warner Music Group and Bain Capital. Together, the companies have reportedly spent around $650 million acquiring music and publishing assets, with the Red Hot Chili Peppers catalog making up nearly half of that total. Details regarding the remaining acquisitions have not yet been disclosed.

Back in May 2021, the Red Hot Chili Peppers sold their publishing rights to Hipgnosis Songs Fund for approximately $150 million. However, according to The Hollywood Reporter, those rights could soon change hands again as Hipgnosis, now operating under the name Recognition Music Group, is currently being acquired by Sony Music as part of another multi billion dollar transaction.

The band’s recorded catalog had reportedly been available on the market since last year with an asking price close to $350 million. Warner Music Group was widely viewed as the most natural buyer considering the label has worked with the band since the release of 1991’s Blood Sugar Sex Magik. Before joining Warner, the group’s first four albums were released through EMI.

Financially, the catalog remains extremely valuable, reportedly generating around $26 million in annual revenue. Ownership of the recordings had remained with the band prior to this latest agreement.

The Red Hot Chili Peppers most recently released Unlimited Love and its companion album Return of the Dream Canteen in 2022. At the time of reporting, neither the band nor Warner Music Group had publicly commented on the catalog acquisition.

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