How Jay-Z Turns Sour Grapes Into Cash

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In the tiny village of Chigny-Les-Roses, France, a guide leads me down Rue Dom Pérignon, stopping in front of an unnumbered house with all its windows shuttered. She takes me into a garage whose floor is littered with dusty champagne bottles and elaborate metal contraptions used to insert corks. Then she flips on an electric lantern, and we descend a narrow spiral staircase some 90 feet into the ground. The tem¬perature quickly drops from a dry, sunny 80 degrees to a brisk 45 degrees moistened by 90 percent humidity.

We arrive in a room glimmering with golden bottles of Armand de Brignac. They hang by the dozen in racks, slanted at a slight angle so that sediment col¬lects in the necks and can be removed easily in the next step of the champagne-making process. The thousands of bottles sitting like gilded test tubes are impressive, but what really strikes me is that the bottles are completely blank. There are no labels, and nothing to distinguish a bottle of Armand de Brignac from, say, a bottle of Antique Gold, which Cattier stopped producing in 2006—the same year it started producing Armand de Bri¬gnac.

I nod politely. When I ask Bienvenu for the name of the New York wine shop in which Jay-Z allegedly found his first bottle of Armand de Brignac, the affable Frenchman quickly becomes defensive.

After the tour is complete, my guide takes me back into the daylight and over to Cattier’s headquarters for a meeting with the company’s brass. First to greet me is Philippe Bien¬venu, Armand de Brignac’s commercial director.

He introduces me to a few more Cattier employees, includ¬ing the family’s kindly patriarch, Jean-Jacques Cattier, and his son Alexandre. As we walk the bright corridors of the Cattier headquarters, Bienvenu traces the origins of Armand de Brignac to Jean-Jacques Cattier’s mother, who first thought up the name in the early 1950s. Shortly after Armand de Brignac’s debut in 2006, Bien¬venu claims, Jay-Z came across it purely by chance. “When we started to ship product to the U.S. and especially to New York, Jay discovered our champagne in a wine shop and bought a few bottles,” he says. “There has never been any partnership, any financial involvement, or something like this between Jay and us.”

As I press Bienvenu for more details, the cracks in the story begin to show.

”How,” I ask, “did the champagne find its way into Jay-Z’s ‘Show Me What You Got’ video?”

”He discovered our champagne by pure coincidence in a wine shop and a few months after came to Monaco to shoot a video,” Bienvenu replies. “On that occasion, he ordered a few cases that we shipped to his hotel there. We couldn’t imag¬ine when we shipped those cases that the purpose of this was to include our champagne in the video.”

I nod politely. When I ask Bienvenu for the name of the New York wine shop in which Jay-Z allegedly found his first bottle of Armand de Brignac, the affable Frenchman quickly becomes defensive.

”I don’t know which wine shop,” he says. “I can’t tell you any more details because I don’t know.”

***

All of this makes for a great story: a family-owned champagne brand dreamed up by a little old French lady in the 1950s, dormant until resurrected half a century later, promptly discovered by the world’s most famous rapper, by sheer coincidence. But the U.S. Patent and Trademark Office confirms that the first bottles of Armand de Brignac weren’t shipped to the U.S. until the fall of 2006—months after Jay-Z’s video was filmed. Obviously, it would have been impossible for Jay-Z to stum¬ble upon a bottle of champagne in a New York wine shop. When I later emailed one of Cattier’s publicists about this inconsistency, she backtracked. “There’s a misunder¬standing regarding how Jay saw the bottle. It was in New York … but not in a store.”

In the weeks following my return from France, I realized that the answers had been here in the U.S. all along. I spoke with a number of sources close to the matter—including a prominent executive at a major record label, a wine distributor with ties to the entertain¬ment industry, and the chief executive of a notable liquor company, to name a few. None of them would let me quote them by name for fear of damaging business relation¬ships, and when I related everything I’d learned, all of them confirmed that Jay-Z receives millions of dollars per year for his association with Armand de Brignac. The connection wasn’t through the Cattier family, but through Sovereign Brands.

Jay-Z publicly denies any connection to Armand de Brignac because he wants to be seen as a connoisseur, a trendsetter with the sophistication to anoint a successor to Cristal. Or, as Bienvenu off¬handedly explained to me: “He doesn’t want to be considered a brand ambassador or something like this.” More importantly, Jay-Z realizes that the revelation of a financial connection could endanger the authenticity of his endorsement—and jeopardize a lucrative arrangement.

The math looks extremely favorable for Jay-Z. The production cost per bottle of Armand de Brignac is about $13; the wholesale price is $225. The maximum output is 60,000 bottles per year. If Jay-Z splits the $212-per-bottle profit evenly with Cattier and Sovereign, a back-of-the-envelope calculation suggests his annual take would be a little over $4 million. One of my sources confirmed that number, and added that Jay-Z may have received equity in Sov¬ereign Brands worth about $50 million. All for dropping a few lyrical references and featuring Armand de Brignac in a couple of videos.

For now, it looks like Jay-Z gets to have his champagne—and drink it, too.
 
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wow it takes 5-10 min. to read sum shit..

b4 ace of spades became the drink of champions it was a shitty tasting $70 a bottle champagne..

& with jay's help it became a shitty tasting $300 a bottle champagne..

it hints that jay is lining his pockets from it on the low..
 
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dan_the_man.com;3185341 said:
wow it takes 5-10 min. to read sum shit..

b4 ace of spades became the drink of champions it was a shitty tasting $70 a bottle champagne..

& with jay's help it became a shitty tasting $300 a bottle champagne..

it hints that jay is lining his pockets from it on the low..

So its jay's fault he mentions a drink the everybody runs to drink it and it goes up in price?
 
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neji_hyuga_21;3185460 said:
So its jay's fault he mentions a drink the everybody runs to drink it and it goes up in price?

yes its jay's fault..

im not hating. i thought it was a good read & decided to share..
 
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50scurl.jpg

O.T

"he's a monkey & he can't dress"
 
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does it come in cookie flavor ? and will i need to wait 60 hrs for it to arrive if i order online?

can i get 92 bottles?
 
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See this is one of those investments Forbes cant account for. Who knows how much Jay has invested in Ace of Spades? He might be cakin up sonething fierce but neither we nor Forbes know. Thats why that list is bullshit.
 
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