Sean “Diddy” Combs talks about lack of black execs in the music industry

Sean Combs says that music companies still sideline African-American executives — even when they make “billions of dollars” for the industry.

“You have these record companies that are making so much money off our culture, our art form, but they’re not investing or even believing in us,” Combs, a k a Diddy, told Variety, adding, “For all the billions of dollars that these black executives have been able to make them [there’s still hesitation] to put them in the top-level positions. They’ll go and they’ll recruit cats from overseas.”

Combs told the trade that he thinks “a lot about Black Wall Street,” a community of black entrepreneurs in the Greenwood neighborhood of Tulsa, Okla., that was decimated in 1921.

“The black people in this community were…

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