Virgin Records has set a June 24 release date for "The Ownerz," a new studio album by veteran rap duo Gang Starr. The disc will be the first new full-length from producer/turntablist DJ Premier and ra

Virgin Records has set a June 24 release date for "The Ownerz," a new studio album by veteran rap duo Gang Starr. The disc will be the first new full-length from producer/turntablist DJ Premier and rapper Guru since 1998's "Moment of Truth," which debuted at No. 6 on The Billboard 200 and has sold 472,000 copies in the U.S., according to Nielsen SoundScan.

"The concept of 'The Ownerz' involves how people are renting and leasing hip-hop," says Guru in a statement. "At this point in the game there's a lot of people exploiting it, and calling the sh*t they're doing 'hip-hop' even though their music is watered down. But we feel strongly about the love that we have for this music, and that we're true owners of a purer form."

Jadakiss, Snoop Dogg, Fat Joe, M.O.P., and Freddie Foxxx contribute guest shots to the disc, Gang Starr's sixth overall. The first single from the set is the double-sided "Rite Where U Stand" / "Nice Girl, Wrong Place." The latter is at No. 45 in its ninth week on Billboard's Hot R&B/Hip-Hop Singles Sales chart.

The group is planning a number of TV appearances to support the new album, including performances on "Late Night With Conan O'Brien" and "The Orlando Jones Show."

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