Tag Archives: Cash Money

Kanye West Signs Tyga to His GOOD Music Label

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Tyga’s music career could do with a little help and that has come by way of his possible brother-in-law to be, Kanye West, who has signed Kylie’s boyfriend to his GOOD music label. The rapper made the announcement at his Yeezy season 4 fashion show.

Tyga’s former labels, Young Money and Cash Money still list him as their artist on their websites even though he self-released his last album, The Gold Album: 18th Dynasty through his Last Kings label in 2015. Kanye also beat 11 other labels to sign Desiigner of Panda fame.

Lil’ Wayne’s $51 Million Lawsuit Exposes Cash Money’s Dirty Business

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Lil Wayne’s $51 million lawsuit against Cash Money Records and its head Birdman was a shock to many. What we didn’t know is how far the label’s shady dealings with Weezy, his Young Money Entertainment and artist Drake ran.

According to 21-page suit, posted Mark H. Jaffe, the f***ery and betrayal goes deep, as seen in the following points via Reason4Rhymes.com:

1. Lil Wayne’s Young Money Entertainment is technically not owned by Lil Wayne because his “Pa”, Birdman, owns 51% interest in the label while Weezy owns 49%.

2. Cash Money Records failed to provide Weezy and/or Young Money with accounting statements and payments of net profits for years.

3. Since early 2012, Cash Money has failed to provide monthly accounting statements and/or failed to pay Young Money its share of receipts with regard to Drake’s recordings, who is signed to Young Money.

Read More: blackamericaweb.com

Lil Wayne Sues Cash Money for $51 Million

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Lil Wayne is suing Cash Money with the hopes of ending his contract with the label, according to TMZ. The lawsuit alleges that CEO Bryan “Birdman” Williams and the company have withheld a substantial amount of money that it owes him with regard to the rapper’s still-unreleased new album, Tha Carter V. Because the label has not paid him the money he claims he’s owed, Wayne contends that he should be able to leave Cash Money.

In addition to severing his contract, Lil Wayne is seeking $51 million and has asked a judge to declare him the joint copyright holder of everything released on his Cash Money imprint, Young Money, including recordings by Drake and Nicki Minaj. A spokesperson for Birdman was not immediately available for comment.

Last month, the rapper publicly spoke out against Cash Money, tweeting, “I want off this label” and calling himself a prisoner. Tha Carter V was originally due out last May, but was delayed to a December release; it did not come out and the Cash Money website still advertises it as “coming soon.” Around the time of Weezy’s tweets, his manager, Cortez Bryant, told TMZ that the rapper had no intention of leaving the label.

Read More: yahoo.com/music