section_path: Career/2006-2024: Comeback and decline, resurgence in television
section_name: 2006-2024: Comeback and decline, resurgence in television
paragraph_text: 2006-2024: Comeback and decline, resurgence in television
  
  After the McGriff legal cases were settled in December 2005, Universal Records offered $10 million in an advance and provisions for Gotti to buy his master recordings. Gotti had considered leaving Universal to start a new label with hedge fund manager Larry Goldfarb for $30 million. Uncertain about the potential return on investment, Goldfarb bailed out of the agreement. Gotti also considered joining Warner Music with Lyor Cohen, but after a low offer from Warner and a counteroffer from Universal record executive Doug Morris, Gotti stayed with Universal. Gotti also dealt with contract disputes related to Lloyd in the same year. Production for Gotti's first television show Gotti's Way began in 2006.
  
  Under The Inc. banner, Gotti moved the label to Universal Motown and signed Vanessa Carlton, executive producing with Stephan Jenkins her third album, Heroes & Thieves, which was released in October 2007. Lloyd released the album Street Love the same year and Lessons in Love the following year; both were executive produced by Gotti. Gotti starred in a television reality series produced by VH1 called Gotti's Way from 2007 to 2009. Gotti and the Inc. cut ties with Ashanti in May 2009 and parted ways with Lloyd in September 2009. After The Inc.'s distribution deal ended in 2009, the label started to struggle as more artists and in-house producers left. Gotti had offered to sign rapper Nicki Minaj but she countered with an offer for him to become her manager which he declined; he later helped inspire her to write the 2010 single " Moment 4 Life ".
  
  In 2011, Gotti unsuccessfully campaigned to become the president of Def Jam, abandoning projects for Shyne and The Diplomats. In 2012, Gotti executive produced Ja Rule's Pain Is Love 2 album. In September 2013, Murder Inc. was relaunched as an umbrella label under Gotti's new label, Visionary.
  
  Gotti began production on the BET show Tales in 2016. The show premiered in June 2017. In May 2017, Gotti and 300 Entertainment announced a partnership. In 2018, Gotti co-produced " Violent Crimes " and " Brothers " by Kanye West.
  
  In July 2022, Gotti signed a distribution deal with Kevin Liles ' 300 Elektra Entertainment. That same month, Gotti sold his fifty percent ownership stake in the master recordings of Murder Inc. to brand management and music rights company Iconoclast for $100 million. Another $200 million as a line of credit was included to produce film and television projects for his company, Visionary Ideas Entertainment. He was in the process of creating a show called Double Threat and turning the TV show Tales into a movie, Tales Presents: We Made it in America, which included a theme song by Jay-Z, Kanye West, and Frank Ocean. Gotti also secured a development deal with Viacom/CBS, which included BET and Showtime at the time. In August 2022, BET released a five-part documentary which Gotti starred in, titled The Murder Inc Story, detailing the history of the record label, the FBI investigations, and the feuds of the era. In August 2024, Gotti announced he was producing a biopic on DMX.
  
  After the McGriff legal cases were settled in December 2005, Universal Records offered $10 million in an advance and provisions for Gotti to buy his master recordings. Gotti had considered leaving Universal to start a new label with hedge fund manager Larry Goldfarb for $30 million. Uncertain about the potential return on investment, Goldfarb bailed out of the agreement. Gotti also considered joining Warner Music with Lyor Cohen, but after a low offer from Warner and a counteroffer from Universal record executive Doug Morris, Gotti stayed with Universal. Gotti also dealt with contract disputes related to Lloyd in the same year. Production for Gotti's first television show Gotti's Way began in 2006.
  
  Under The Inc. banner, Gotti moved the label to Universal Motown and signed Vanessa Carlton, executive producing with Stephan Jenkins her third album, Heroes & Thieves, which was released in October 2007. Lloyd released the album Street Love the same year and Lessons in Love the following year; both were executive produced by Gotti. Gotti starred in a television reality series produced by VH1 called Gotti's Way from 2007 to 2009. Gotti and the Inc. cut ties with Ashanti in May 2009 and parted ways with Lloyd in September 2009. After The Inc.'s distribution deal ended in 2009, the label started to struggle as more artists and in-house producers left. Gotti had offered to sign rapper Nicki Minaj but she countered with an offer for him to become her manager which he declined; he later helped inspire her to write the 2010 single " Moment 4 Life ".
  
  In 2011, Gotti unsuccessfully campaigned to become the president of Def Jam, abandoning projects for Shyne and The Diplomats. In 2012, Gotti executive produced Ja Rule's Pain Is Love 2 album. In September 2013, Murder Inc. was relaunched as an umbrella label under Gotti's new label, Visionary.
  
  Gotti began production on the BET show Tales in 2016. The show premiered in June 2017. In May 2017, Gotti and 300 Entertainment announced a partnership. In 2018, Gotti co-produced " Violent Crimes " and " Brothers " by Kanye West.
  
  In July 2022, Gotti signed a distribution deal with Kevin Liles ' 300 Elektra Entertainment. That same month, Gotti sold his fifty percent ownership stake in the master recordings of Murder Inc. to brand management and music rights company Iconoclast for $100 million. Another $200 million as a line of credit was included to produce film and television projects for his company, Visionary Ideas Entertainment. He was in the process of creating a show called Double Threat and turning the TV show Tales into a movie, Tales Presents: We Made it in America, which included a theme song by Jay-Z, Kanye West, and Frank Ocean. Gotti also secured a development deal with Viacom/CBS, which included BET and Showtime at the time. In August 2022, BET released a five-part documentary which Gotti starred in, titled The Murder Inc Story, detailing the history of the record label, the FBI investigations, and the feuds of the era. In August 2024, Gotti announced he was producing a biopic on DMX.