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I've taken FOX News' Roger Friedman to task a few times before. Bring critical of Bad Boy is one thing - but stating inaccuracies is quite another. It's that time again. In an article yesterday, Friedman comments on Warner Music Group's shrinking stock price and says the following:

What's wrong with Warner Music Group? It's not downloading. It's lack of music, no artists, no signings, no development of new artists, as well as wildly overpaid executives and bad business deals.

For example, a $30 million investment in Sean "Diddy" Combs' Bad Boy Entertainment has turned up nothing of value. And another multimillion dollar investment, in a private luxury concert business this summer in the Hamptons, was a bust.

"Nothing of value"? The Bad Boy and Warner partnership was announced on April 14, 2005. Since then, we've seen the following releases:

"Boyz N Da Hood" by Boyz N Da Hood.
"B5" by B5.
"The Black Rob Report" by Black Rob.
"Duets: The Final Chapter" by The Notorious B.I.G. (platinum album with a gold single).
"New Joc City" by Yung Joc (gold album with a 3x platinum single that reached #3, platinum single that reached #17 and gold single).
"Cassie" by Cassie (with a platinum single that reached #3).
"Danity Kane" by Danity Kane (#1 platinum album with a gold single that reached #8).
"Christian Daniel" by Christian Daniel.
"Press Play" by Diddy (#1 gold album with a single that reached #9 and a single that reached #10).
"Greatest Hits" by The Notorious B.I.G. (#1 album).
"Ridin High" by 8 Ball & MJG.
"Hustlenomics" by Yung Joc.
"Don't Talk, Just Listen" by B5.
"Welcome to the Zoo" by Gorilla Zoe.
"Back Up N Da Chevy" by Boyz N Da Hood.

In about two years and seven months, Bad Boy has made fifteen releases, seven of which were debut albums. This yielded three #1 albums, eight top 5 Billboard 200 albums, two platinum albums, two gold albums, one 3x platinum single, two platinum singles, three gold singles, five top 10 Billboard Hot 100 singles and fifteen Hot 100 charting singles.

There's no doubt that there have been a number of poor sellers (though that's not something unique to Bad Boy), but that wasn't what Friedman said, either. He said that Bad Boy had given Warner nothing of value. That's absurd. "New Joc City" was one of the biggest albums of 2006. Do you know how many singles were certified 3x platinum in 2006? Three. No single was certified 4x, either. That album, in itself, was huge and represented tremendous value.

Via Monsters and Critics.