I haven’t found any other details on this latest development at The Source but I’m still surprised I didn’t post it earlier, given that Source Drama is one of my favorite channels.
Apparently Dave Mays and Benzino have managed to temporarily restrain attempts to auction off their shares in the company. It’s unclear to me whether there’s been any verification of the claim that they own 82% of the stock and it doesn’t sound like AllHipHop actually had a reporter in the courtroom but, whatever the paper trail would reveal, once you’re locked out, it’s hard to get back in.
Actually, though this is almost off topic, I remember a bar in Greensboro whose owner was basically being evicted to make way for a new tenant, the locks were changed and he was locked out. He got the landlord to let him back in to remove some things and, as soon as he got in, he said he wasn’t leaving and got his lawyer on the phone. Whatever occurred after that, he kept his bar.
I guess that’s a reminder that the story isn’t over, though my current belief is that what’s happening now is an attempt by Mays and Benzino to get out with some kind of hefty settlement in order to make them go away. Considering everything that’s been reported to date, there’s very little [other than cocaine] that could make them think they could turn The Source around at this point, since they’re directly responsible for its problems and seem to have exhausted all possible routes to recovery.
Hey, maybe they should give Suge Knight a call!

I see Dave Mays getting back in with The Source (it was his baby after all), but Benzino…forget it. I believe all his rantings about things that have taken place within the industry, but he needs to learn to choose his words more carefully, he’s a loose cannon. Ideally I would like to see Dave Mays back in charge, and I think (alone) he’ll be able to turn the magazine’s fortunes around. I don’t think he’s interested in receiving a hefty settlement, it’s not about the money
Dave Mays won’t be back. He’s too tainted by Benzino. How could anyone trust him now?
But it’s still one of the most interesting stories in publishing at the moment. If it wasn’t a hip hop magazine, you’d see some serious investigative reporting going on right now. Guess nobody takes it seriously enough to bother.
Hey Clyde,
Nice site! Check us out. We are a Hip Hop Mag from Boston called Haters Magazine. We got a story on a local DJ and a joke he played on Dave Mays back in the day. It’s all luv tho.