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David King is a New York City music mogul, considered to have the "best ears in the business" and the founder of Stackin' Hits Records. Having once sold his majority interest in the company, King intends to buy back majority ownership to avert a buyout by a rival label. To regain majority ownership, King offers to buy out one of his two partner's shares. To raise the cash for the deal, he puts up most of his personal assets, including his Dumbo penthouse home and impressive collection of art by contemporary Black artists, as collateral.