Drake has been hard at work on his highly anticipated sophomore album ”Take Care.” He reveals the album cover on his official blog with the following statement. Feels like it’s been so long. Is life moving so fast in this generation that when we desire something it begins to move in slow motion? Are we just used to getting what we want right away? Or do we require one another to feel right about all that is going on around us? Maybe our anticipation is justified by the fact that we genuinely cannot wait to share a moment again? Either way, your life and mine are scheduled to meet on October 24…I wouldn’t miss it for the world. See you soon. Drake

San Diego-based rapper and former Def Jam artist, Jayo Felony, is being accused of squatting in a million dollar Hollywood Hills home. The rapper, whose real name is Jason Savage, was filmed by Fox affiliate KTTV’s cameras approaching a Hollywood home believed to be worth upwards of $1.6 million. When a field reporter asked about him allegedly occupying the foreclosed property without permission, the visibly hostile Jayo Felony said he was renting the property from his friend’s father.

“We rented it from someone,” Jayo Felony’s live-in girlfriend explained to reporters. “We literally paid someone $5,000 cash to rent this place. His name is Benjamin White.”

Los Angeles County's KTTV turned their cameras on Jayo Felony, who is allegedly the victim of a real estate scam after being accused of squatting.

Master P. will try to lose 40 pounds over the next 90 days, as part of a 90 day challenge to promote better health and fitness all over America.Master P. and Romeo will travel to a variety of cities in the United States, encouraging fans to exercise every day and practice healthy eating habits. Master P compared his project with Michelle Obama's "Let's Move” program, which also stresses exercise, nutrition and a healthy lifestyle.

In other news Master P has been ordered to pay his ex-wife $271 a month in support of his four children.Sonya Miller, Master P.'s ex-wife, is seeking to determine how much the No Limit mogul is worth and how much he is earning.According to court documents, Master P. was ordered to pay the minimum amount for the four children, based off of an income of just $1,387 per month.

The 53-year-old hip-hop pioneer tells the Wall Street Journal recently that he's planning to buy a TV network. "I am going to buy a TV network," Simmons said."When mainstream networks say diversity, they mean segregation. 'Let's do some more black TV.' Instead, there's all these cultures that should be more integrated properly," he explained.

"Instead of giving Paris Hilton a show, for example, you could do one with Amber Rose. You'd be better off. One is hot, the other is not. Networks are a little slow in how mainstream culture is shifting. There's a lack of integration in Hollywood, and I want to address that."Additionally, Simmons added that he is working on the project with Hollywood producers Brian Grazer and Ron Howard, and that an announcement would be made soon.

Nicki Minaj called into Ryan Seacrest‘s radio station yesterday morning for quick chat. They discuss what she will be doing for her iHeartRadio Music Festival tonight, what Nicki will wear on a “normal” day out, and what she will be for Halloween.

Nicki Minaj has kept her guest features to a minimum since the release of her platinum debut Pink Friday, but she’s got a timeline in place for its follow-up. The Harajuku Barbie explained that her Barbz will get an announcement regarding the sophomore effort by September, with the album set to drop within the next 12 months.

“You’ll get another album within 12 months,” she told KIIS FM’s JoJo. “You’ll get the announcement for the next album in—and I’m saying the announcement—that you’ll get the announcement in September. That’s all.”