P Diddy Bad Boy Notes

5/12

In Search For Next Band Calling all talented ladies, P Diddy is looking for you! In the search for the next Making the Band, Sean Combs is in search for the best female talent.

“If you can sing like Beyonce and move like Britney, he wants you!” MTV’s Web site urges in a “Making the Band” audition notice. “Don’t disappoint the Diddy.”

“Making the Band” throws together talented – and, as required in reality TV, very attractive – young people into a house, filming them as they try to form a musical group.

MTV says it will send four “celebrity judges,” but network publicist Graham James said he was unsure whether Combs himself would be at the Beach.

On the final episode of “Making the Band 2,” Combs vowed to go out and find that talent himself.

The first “Making the Band” show, then on ABC, yielded the boy-band O-Town. Combs took over the show later and created a group called Da Band. The group recorded “Too Hot for TV,” which sold 200,000 copies its first week.

But the most recent “Making the Band” ended with Combs disbanding the new ensemble, saying the contestants weren’t ready for the big time. He has given three of the young women a free pass to return and compete against the group chosen in this round of auditions.

Combs Plane Struck By Lighting

Sean Combs plane was recently struck by lighting and forced to make emergency lading, which was headed to Miami to take him to a speech, was hit with a bolt of lightning over the weekend. Fortunately, nobody was injured in the incident and the rapper/actor/producer went on to his event unscathed.

According to the New York Post, Diddy was in Miami to talk about his Sean Jean clothing line.

Warner's IPO Slips

Warner Music Group cut down its offering price to $17 per share late last night.

Warner, trading under the WMG symbol on the New York Stock Exchange, got off to a sluggish start after falling 85 cents to $16.15 in early trading. Sources say the company, which listed the initial price at $22 to $24 per share, reduced the shares to $17 once word spread that the high price was unjustified.

Led by Edgar Bronfman Jr., private investors bought Warner Music Group for $2.6 billion last year. Warner's artists include Madonna, Missy, Fabolous, Fat Joe, Lil' Kim and Sean "P. Diddy" Combs, who recently sold half of his Bad Boy Entertainment to the company for a reported $30 million.

Combs  was on hand to represent Warner at the recent IPO road show. Diddy mingled with Wall Street executives and signed autographs in hope to convince potential investors into purchasing Warner shares.

Compiled from wire, online reports and Staff Writer.

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