What happened to Young Money Cash Money Records?
In June 2020, Lil Wayne, through the Young Money name, sold his master recordings in a settlement from Republic Records to its overhead company, Universal Music Group for $100 million.
Is Young Money still under Cash Money?
The artist who has been on the label the longest, Lil Wayne, actually sued Cash Money Records back in 2015 for $51 million. According to HipHopDX, Lil Wayne settled the suit for over $10 million and had his imprint, Young Money Records transferred from Cash Money to Universal directly.
Is Drake still signed to Young Money Cash Money?
He’s no longer signed to Young Money and Cash Money. Drake addressed the speculation surrounding his label status; even though he’s still loyal to the empire built by Birdman, Slim Williams and Lil Wayne, he’s officially signed to Universal Music.
How much is Young Money Entertainment worth?
“specifically in or about June of 2020, Lil Wayne was able to sell the Young Money Masters to Universal Music Group for in excess of $100 Million.”
Does Drake own his Masters 2021?
Does Drake own his masters? Drake revealed on Certified Lover Boy, that was released on his OVO Music label in partnership with Republic Records, that he now owns his masters.
How much does Lil Wayne make off Drake?
He shared, “When Universal gave me a bag, brother, I can honestly say I gave Wayne about $400-500 million. Drake got about $500 million, and Nicki got about $300-400 million out of my pocket,” he said. “No cap.
Is Birdman broke 2021?
2021. As of 2022, Birdman’s net worth is estimated at $100 million, which makes him one of the richest rappers in the world.
Does Rihanna own her masters?
Rihanna. The “Love on the Brain” singer acquired the masters of all of her previous albums after finishing her Def Jam contract and creating her Westbury Road Entertainment imprint on Universal’s Roc Nation label, according to Vogue.
Who is the owner of Young Money Entertainment?
Young Money Entertainment Parent company Universal Music Group Founded 2005; 16 years ago ( 2005) Founder Lil Wayne Distributor (s) Republic Records
What happened to Cash Money and Young Money?
On April 12, 2017, Birdman accepted a plaque in honor of Cash Money Records having sold one billion units. On September 13, 2018, it was announced that Young Money was no longer a joint business venture with Cash Money.
Who is the president of Young Money Records?
As of 2009, Mack Maine is serving as president. Canadian rapper Drake signed a joint venture between Cash Money Records and Young Money. President Mack Maine confirmed that Omarion was no longer on the label after many rumours were circulating the internet.
What artists are signed to Young Money Entertainment?
Young Money Entertainment. Current artists include Lil Wayne, Drake, Nicki Minaj, Mack Maine, Lil Twist, and Cory Gunz, among others. The label has released three compilation albums— We Are Young Money (2009), Rich Gang (2013; with Cash Money Records), and Young Money: Rise of an Empire (2014).