Sleek Audio terminates agreement with 50 Cent

[Grahame]

Oh Noes, where will I get my Rapper endorsed headphones now?

Sleek Audio and G-Unit Brands, Inc, 50 Cent's Licensing Company, Cancel Plans to Develop Products Under the "Sleek by 50" Brand

Palmetto, Fl. May 6th, 2011 – Sleek Audio today announced the termination of the Brand License Agreement between Sleek Audio LLC ("Sleek") and G-Unit Brands, Inc. ("G-Unit"), 50 Cent's licensing company. In addition, the Brand License Agreement, including video production, between TV Goods, Inc, Sleek and G-Unit has also been terminated.

"We will be re-evaluating our Wireless Hybrid over-the-ear headphones at a later date. Currently we are working to bring our new, U.S.-made in-ear products to the market," said Mark Krywko, CEO of Sleek Audio.

Sleek Audio is in production of the highly anticipated, U.S.-made SA6-R Wireless Hybrid earphone and award-winning SA7 earphone, which earned the Best of Innovations title in the headphone category at CES 2011. Sleek is also producing its acclaimed PRO Series comprised of hand-made, Wireless Hybrid custom earphones including the CT6 and all-new CT7.

About Sleek Audio

Sleek Audio is a personal audio company dedicated to creating "music in tune with you.™" Sleek Audio, creators of the first ever acoustically customizable earphones, is driven from decades of experience in the custom hearing aid and audio industry. Sleek Audio products are designed for high-performance use with all MP3 players including iPod® and Zune®. For more information, visit the company website at www.sleekaudio.com www.facebook.com/sleekaudio

and the usual comment-fest

http://www.engadget.com/2011/05/06/sleek-audio-terminates-agreement-with-50-cent-puts-over-the-ear/

[Filburt]

Oh Noes, where will I get my Rapper endorsed headphones now?

Beats?

[Tyll Hertsens]

Skullcandy.

[bhjazz]

Sleek by 50 sounds like it's only 50% good. To me.

[justin]

in January, 50 Cent tweeted to tell everyone to buy the penny stock H&H Imports, which will probably result in SEC investigation if it hasn't already. overnight he gained $8.7 million in net worth.

Not coincidentally, H&H Imports puts out a press release on Friday...

http://finance.yahoo.com/news/TV-Goods-Inc-and-50-Cents-SMS-iw-3323942498.html?x=0&.v=1

so it sounds like either 50 realized he doesn't need Sleek Audio, he can just put his name on any crap headphone and sell it himself, or Sleek Audio is still going to make the headphones, they're just not going to call them their own and instead they'll be branded under 50 Cent's own company.

Edited May 8, 2011 by justin

[NightWoundsTime]

Either way I'm glad to see them removed from the whole deal. I like those guys, and 50 Cent is about the most silly and irrelevant name out there. At least I respect Dre (but not Monster of course).

[justin]

http://finance.yahoo.com/news/TV-Goods-Inc-Clarification-of-iw-555331216.html?x=0&.v=1

so, correction to the thread title: 50 Cent terminates agreement for moar speed and moar money.

Edited May 9, 2011 by justin

[crappyjones123]

50 did it for the prat.