Exclusive | Ex-Jay Z partner Damon Dash’s film biz sells for measly $100 at auction as creditors swarm
Former hip-hop mogul Damon Dash’s filmmaking company was sold for a measly $100 at a Tuesday auction that aimed to offset $1 million he owes from defamation lawsuits.
Despite the desperate attempt to cover his debt through the auction, only one bidder showed up and bought the Roc-A-Fella Records co-founder‘s film company for a mere $100.50.
“I think he’s a fool, man,” said Mike Muntaser, CEO of Muddy Water Motion Pictures, who submitted the winning bid — and who has a claim to the $973,000 stemming from Dash losing a trio of civil lawsuits.
An auction of Damon Dash’s film production company on Tuesday brought in only $100.50. Getty Images
Dash declared bankruptcy in September, claiming to have only a few thousand dollars to his name — despite owing $25 million in federal and state taxes, child support and other debts.
The production company for sale, Poppington LLC, included rights to Dash’s best known film, “Honor Up,” which included acting by Dash, Cam’ron, and Stacey Dash. Chris Brown
At least $5 million of that is owed in civil lawsuits with Brown’s clients.
Dash has faced the threat of jail time for previously refusing to pay up his civil debts, and Brown said the bankruptcy claim is just another effort to avoid paying.
The production company for sale, Poppington LLC, included rights to Dash’s best known film, “Honor Up,” which included acting by Dash, Cam’ron, and Dash’s cousin Stacey Dash — known for her hit role in the 90s classic, “Clueless.”
“I think he’s a fool, man,” said Mike Muntaser, CEO of Muddy Water Motion Pictures, who submitted the winning bid — and who has a claim to the $973,000 stemming from Dash losing a trio of civil lawsuits. Georgett Roberts
Other films owned by Dash include sequel “Too Honorable,” a documentary called “Welcome to Blakroc,” and a personal film titled “We Went To China: Our Search For Like Minded Individuals.”
Attorney Chris Brown hoped that outside bidders would offer at least a few hundred thousand dollars for the collection — but none showed up.
Jay Z and Damon Dash posing at the Baby Phat fashion show. Abaca
“It’s more of an undertaking of what they viewed Dash’s work to be as opposed to anything else,” he said, noting that Cam’ron recently referred to “Honor Up” as “wack” in an Instagram post.
“Like, no one cares that you went to China. Mr. Dash,” Brown said of one of the films. “I guess I really don’t know what to make of that.”
Muntaser told The Post at the auction that the purchase was a “jab” at Dash, whom he blames for dragging him through years of litigation instead of sitting down like “grown men” and resolving their differences.
Other films owned by Dash include sequel “Too Honorable,” a documentary called “Welcome to Blakroc,” and a personal film titled “We Went To China: Our Search For Like Minded Individuals.” Chris Brown
“He’s just a problem,” Muntaser said. “He has an ego. I think he’s just bitter [coming] from where he was to where he is and he just blames everybody else and doesn’t look at himself in the mirror.”
Muntaser and filmmaker Josh Webber have successfully sued Dash twice for defamation.
And just last week, the pair filed a third defamation suit against Dash for comments he made after appearing on the popular “Breakfast Club” podcast earlier this fall.
“Frankly, what I desire the most, is for him to just stop talking about my clients,” said attorney Chris Brown. Georgett Roberts
“It’s just silly,” said Brown, who will also get his share of $33.50 from the auction after winning his own civil lawsuit against Dash for $150,000.
Dash’s latest allegedly slanderous statement, Brown said, is similar to claims he testified to at an earlier defamation trial.
“So I have no idea why he continues to slander Josh [Webber],” Brown told The Post. “Frankly, what I desire the most is for him to just stop talking about my clients.”
“For him being on a big stage with like Jay-Z and [Ye],” Muntaser said, “why are your peers doing good, [being] constructive and you’re just playing games with others?”
“May God guide him.”
