Tag Archives: profit

Lil Wayne Wants Cash Money’s Lawsuit Against His Company Aspire Music Group Thrown Out

Lil Wayne Wants Cash Money Lawsuit Against His Company Aspire Music Group Thrown Out

According to The Blast, Lil Wayne and his music company Aspire Music Group filed documents at the end of October to the court requesting them to dismiss Cash Money Records‘ countersuit.

Aspire, which was co-founded by Tunechi and his former manager Cortez Bryant, have told the court that Cash Money only filed this lawsuit after Tune won his lawsuit against Birdman earlier this year even though the alleged fraud took place years ago. They even pointed out that the accusations from CM don’t make any sense as Wayne would have to participate in more acts that would end up harming him financially.

This lawsuit all began last year when Aspire Music Group sued Cash Money and Universal for not paying them their earnings owed from Drake‘s royalties. CM then counter-sued AMG and accused Weezy and Tez of creating this record label as a way to get richer by receiving a bigger share of Drizzy‘s royalties, as well as claimed the company has never conducted in any business other than helping the Canadian rapper get signed!

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Lil Wayne’s “Tha Carter V” Album Generated $3.3 Million In Its First Week

Lil Wayne Tha Carter V Album Generated 3.3 Million In Its First Week

According to DJ Booth, Lil Wayne‘s new album Tha Carter V generated a total of $3.3 million in the opening week of it being released (September 27th to October 3rd).

The numbers come from HITS Daily Double, who had only C5 tracks in their top 10 highest-earnings songs last week. “Mona Lisa” featuring Kendrick Lamar topped the list with a gross amount of $335,141.

All 23 records from Tha Carter V also appeared in the top 50 highest-earning tracks of last week with the lowest-earning song being “Dope New Gospel” featuring Nivea at No. 41, which gained a gross total of $74,438.

These are amazing numbers for a new album considering the last major first-week project was Eminem with Kamikaze that generated a total of $1.8 million! Congratulations to Wayne, but I wonder how much of this $3.3 million he will receive?!

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Birdman Claims Lil Wayne & Cortez Bryant Have Been Plotting With Their Lawyer To Earn A Bigger Share Of Drake’s Profits

Birdman Claims Lil Wayne & Cortez Bryant Have Been Arranging A Way To Earn A Bigger Share Of Drake Royalties

Even though it seemed like everything was getting back to normal between Lil Wayne and Birdman, it looks like their feud is still ongoing.

According to The Blast, Baby is accusing Wayne and his manager/best friend Cortez Bryant of taking part in an elaborate plan to earn more money from Drake‘s music.

Last year, Aspire Music Group, which is a record label co-founded by Tez Poe, sued Cash Money Records and Universal Music Group for not paying the revenue that they owed from Drizzy‘s royalties.

After looking at the documents, Aspire are claiming that they discovered the 6 God and have a deal in place with Young Money Entertainment and Cash Money permitting them to a 1/3 share of the net profits from Drake‘s first six projects.

Birdman and CM counter-sued Aspire Music Group‘s lawsuit on Friday (August 17th) by accusing Weezy and Tez for plotting with their lawyer Ronald Sweeney to get richer off a bigger share of Drizzy Drake‘s royalties:

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Lil Wayne Loses Quincy Jones III Lawsuit & Has To Pay Him Over $2 Million

Lil Wayne Loses Quincy Jones III Lawsuit & Has To Pay Him Over $2 Million

According to TMZ, Lil Wayne just lost his lawsuit against Quincy Jones III over “The Carter Documentary”, as well as the countersuit Quincy filed against him.

Weezy filed a lawsuit against Quincy Jones III earlier this year claiming that he never gave him permission to use music off his Tha Carter III album for the documentary that Quincy put out called “The Carter“. Quincy also filed a countersuit against Wayne saying that he screwed up the potential profit of the documentary by withdrawing his support for it.

Due to suffering from two seizures, Tunechi did not make an appearance in court for his trial on the day he was supposed to. This then meant Tune‘s lawyer had to show the jury Wayne‘s deposition videotape with Quincy‘s lawyer, Pete Ross, and you all know how serious he took that!

The jury called Lil Wayne‘s behavior in the deposition tape “unreasonable” and “irresponsible”, and also ordered him to pay Quincy $2,195,000. Damn!

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