In response to Master P's assertion that Patti LaBelle owns 10% of “Patti Pies,” her business partner Charles Suitt says she owns 100%.
The Jasmine Brand reports that Suitt, 56, launched Pattie LaBelle's Good Life brand. Charlies addressed rapper Master P's accusations regarding Patti's firm ownership on The Breakfast Club.
“Respectfully, Master P is out of his mind,” he stated, adding that the rapper should have researched.
“Walmart owns nothing. They possess no share of the pie... Patti LaBelle owns 100%. Walmart buys our pies. We sell it wholesale to them and they sell it retail, Suitt said.
Master P behaved recklessly by stating that... He sued Walmart because his product wasn't marketed or forthright.
Master P asked participants if they knew who owned Patti's Good Life during a seminar.
“Patti LaBelle owns 10%. You purchase it because it's Patti LaBelle. That firm made $200M in 8 years. How much did Patti LaBelle get? $20M. The other $180M went where?
Master P suggested Walmart controlled most of the brand. The TikTok clip below shows his comments.
We previously reported that Master P and Snoop Dogg are suing Walmart for hurting “Snoop Cereal” sales.
The rappers are suing Walmart and Post Consumer Brands, saying “both companies intentionally left their cereal product off shelves and hid it in stockrooms,” NPR reports.