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    Perez Hilton May Get A Record Label, Finish Off Recording Industry

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    The record companies are total geniuses when it comes exploiting the internet, and one of them, Warner Brothers, has discovered an "Internet Blog" run by this fellow named Perez Hilton who is huge with the kids, apparently. He took two bands you had never heard of and used his "blog" to made them huge on iTunes and Myspace and now, well, you probably still haven't heard of them. But still, the probably giddy record execs are considering a deal that would give Perez "$100,000 a year as an advance against 50 percent of any profits generated by artists he discovers and releases through Warner Brothers." Sounds completely reasonable. After the jump, your new tastemaker has a supposed meltdown on MTV's Celebrity Rap Superstar.


    Send an email to Ryan Tate, the author of this post, at ryan@gawker.com.