THE FRIDAY HIP HOP REPORT! (JULY 3RD)

Here is your Friday Hip-Hop for report for this week. If you missed any of the hottest news stories in Hip-Hop this week, get a full recap here! Have a great weekend and remember to be safe!

Main Hip Hop News Stories This Week

- After almost 16 years Vibe magazine has folded due to a lack of investment & advertising. Quincy Jones, vibes founder has expressed interest in buying the magazine back and taking it online.
- Drake has signed with Lil Waynes Young Money records, and will be distributed through Universal Republic
- Legendary rap group Run DMC will have a street in their home town of Queens, New York named after them.
- The GlobalGrind.com Story of the week is R Kelly getting busted with a 17 year old girlfriend, read the full story on globalgrind.com

New Albums & Mix Tapes This Week

-Maino - If Tomorrow Comes
-Ace Hood - Ruthless
-Blaq Poet - Tha Blaqprint
-Wu tang Clan - Chamber Music
-Naledge - Chicago Piccasso
-Jeremih - Jeremih
-DatPiff.com mixtape of the week is: Trey Songz - Anticipation

New Music This Week

-Michael Jackson tribute "Better On The Other Side" by The Game ft Diddy, Chris Brown, Mario Winans, Polow Da Don, Usher & Boyz II Men
-Consequence ft Kanye West & John Legend - Whatever U Want
-Sean Kingston - Why You Wanna Go
-Alchemist ft Travis McCoy & Lil Wayne - I Know Your Name
-Ryan Leslie - You're Not My Girl
-50 Cent - London Girl Pt2
-Royce Da 5'9 - Gun Harmonizing
-Slaughterhouse - The One
-Sway - The King Full Stop

New Music Videos This Week

-50 Cent - OK You're Right
-Drake - Best I Ever Had
-Eminem - Beautiful
-Mr Hudson ft Kanye West - Supernova

Billboard Charts This Week

1. Michael Jackson - NUMBER ONES 107,808 - (CATALOG)
2. Michael Jackson - ESSENTIAL MICHAEL JACKSON 102,023 - (CATALOG)
3. Michael Jackson - THRILLER 101,042 - (CATALOG)
4. Black Eyed Peas - The E.N.D. 88,000 - (540,000)
5. Eminem - RELAPSE 47,000 - (1.1m)
6. Ginuwine - A MAN'S THOUGHTS 37,000 - (NEW ENTRY)
7. Michael Jackson - OFF THE WALL 33,000 - (CATALOG)
8. The Jackson 5 - THE ULTIMATE COLLECTION 18,000 - (CATALOG)
9. Michael Jackson - BAD 17,000 - (CATALOG)
10.Beyonce - I AM SASHA FIERCE 15,000 - (2.2m)