Tag Archives: royalties

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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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’s Lawsuit Against Universal Music Group Has Been Put On Hold Due To The Birdman Case

Lil Wayne Lawsuit Against Universal Music Group Has Been Put On Hold Due To The Birdman Case

According to theJasmineBRAND, Lil Wayne‘s $20 million lawsuit against Universal Music Group has had to be put on hold until his case with Birdman and Cash Money Records has been resolved.

On July 29th, a Federal Court judge explained his reason behind this decision was because the 2 cases are very similar and the outcome of the Baby lawsuit will effect the Universal lawsuit.

The bad news is that Weezy‘s lawsuit against Cash Money could go on for another year even though he did reveal on “Like Dat” everything is looking good for him: “Everything’s lookin’ alright, yeah I just talked to my lawyer, it’s time to enjoy; Yeah Tune, it’s time to enjoy”.

If you missed the news back in March, Tunechi sued Universal Music Group because he believes they are repaying their own debts from the $100 million advance they gave to Cash Money instead of paying him what he is owed. He also claims that UMG are withholding royalties from both his music and his Young Money artists that he founded, such as Drake, Nicki Minaj and Tyga!

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Lil Wayne Sues Universal Music Group Over Unpaid Royalties For His Young Money Artists

Lil Wayne Sues Universal Music Group Over Unpaid Royalties For His Young Money Artists

Lil Wayne has now sued Universal Music Group, who are the distributor of Cash Money Records, for withholding royalties from both his music and his Young Money Entertainment artists that he founded including Drake, Nicki Minaj, and Tyga. He is looking for at least $40 million in damages.

According to The Hollywood Reporter, the lawsuit claims that Universal are repaying their own debts instead of paying Weezy what he is owed from the $100 million advance they gave to Cash Money. If you didn’t already know, Tune has a 49% ownership stake in Young Money with the 51% belonging to CMR:

“With Universal’s knowledge of Lil Wayne’s rights to partial ownership and profits from those artists, Universal and Cash Money entered into a series of agreements which, among other things, diverted Lil Wayne’s substantial profits to repay debts of Cash Money. As a result, 100% of the profits that should have been paid to Lil Wayne as a result of his ownership of Drake, Nicki Minaj and Tyga records have been seized by Universal to repay debts that were neither incurred by nor were the obligations of Lil Wayne.”

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Lil Wayne Signs With Kobalt Neighbouring Rights

Lil Wayne Signs With Kobalt Neighbouring Rights

Lil Wayne is one of the newest music artists to sign with Kobalt Neighbouring Rights. Other artists that are also with KNR are: Lenny Kravitz, Akon, Sean Paul, Macklemore, Ariana Grande, Bruno Mars, Sam Smith, and Calvin Harris.

If you are not aware of what Kobalt Neighbouring Rights is, the business basically helps artists to receive and manage the royalties that they are due from songs they have wrote and performed, as well as what income the record label gets!

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Turk Shares His Thoughts On Lil Wayne Suing Birdman, Says He Was Promised A Hot Boys Reunion

Turk Shares His Thoughts On Lil Wayne Suing Birdman

Former Cash Money Records label-mate and Hot Boys member Turk recently spoke to SOHH about Lil Wayne wanting to get out of his contract with Cash Money and to share his thoughts on Wayne‘s feud with Birdman.

Turk explains that this is all old news to him and believes it is not a publicity stunt, because Baby was also not paying his artists years ago when he left Cash Money with Juvenile, B.G., and Mannie Fresh.

You can read what Turk thinks about this situation after the jump below. He also spoke on the Weezy vs. Birdman beef a couple of months ago in another interview, so click here to listen to that if you missed it!

UPDATE: I have included a video below of Turk explaining on TMZ Live that he is also suing Birdman for over $1 million, because he was promised royalty money and a Hot Boys reunion after he was released from prison, but got nothing from him either.

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