Wednesday, January 28, 2015

Lil Wayne Sues Cash Money for $51 Million

Birdman and Lil Wayne
 
Last month, Lil Wayne called out his label Cash Money and its boss Birdman for delaying the release of his next album. Now he’s suing the label for $51 million.
 
According to a lawsuit obtained by TMZ, Wayne says Birdman and Cash Money violated their deal by withholding tens of millions of dollars for his long-delayed album, Tha Carter V. The project has yet to be released and Wayne claims he’s entitled to leave the label as a result.
 
Apparently, Wayne was supposed to receive an $8 million advance when he began working on Tha Carter V and $2 million after completing it, but has yet to receive any of that money.
 
Wayne also wants the judge to declare he’s the joint copyright owner of all Young Money recordings, which includes Drake, Nicki Minaj and several others.
 
Young Money is an imprint of Cash Money and was founded by Wayne in 2005.
 
Related: Lil Wayne Blasts Cash Money: ‘I Want Off This Label’

| Music Industry
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