Cash Money Records may be getting the Straight Outta Compton treatment soon. While talking to students at Brooklyn Law School yesterday, Cash Money founders Birdman and Slim revealed that a script already exists, and they’re looking forward to bringing it to life. “[Slim] said everything we’ve ever did – and I got 20 plus years selling records – nothing we ever did is worth more than that script, I’m excited about the script,” Birdman told the panel’s moderator. “That’s something I really want to do. For [Dr. Dre and Ice Cube] to do that [movie] and to make it trend-setting, they opened doors for us, and I think that what we have is way more special because we’re in modern times.” Slim noted that he “wasn’t sure” if there was a possibility of it becoming a book first and then a screenplay, but either way, he says, it’s “gonna be great.” I’m here for this! Check out the audio below to hear more details.
Cash Money Owes Over $1 Million To Jay Sean
Singer Jay Sean began his career on Cash Money back in 2008, and released his first album on the label in 2009, All or Nothing. He’s since left the label (like just about everyone else), and later filed a lawsuit to collect royalties that Birdman and co. owed him. A judge has now determined that Cash Money has to pay out $1.14 million in royalties to Orange Factory Music, who continued to receive statements for royalty payments from Jay’s album, but never actually saw a check. Just add this to the growing list of lawsuits against YMCMB!
Jas Prince Sues Cash Money For $11 Million Over Drake
Jas Prince has been at odds with Cash Money for some time now, after he reportedly never received the royalties he’s due for bringing Drake to them. At this point, it seems the only way you get your money from Birdman and co. is by suing, so I guess Jas is on the right path! The Rap-A-Lot Records heir says in the lawsuit that Cash Money was to pay him 22% of all of Drake’s royalties, net profits and other advances – which now totals up to $11 million. The tricky part is – Drake was signed to Jas’ Aspire Music Group, and Jas says Wayne and Drake’s manager, Cortez Bryant, breached the original agreement by shuffling Drizzy over to Young Money from Cash Money. Unfortunately, due to Jas’ role with Aspire (I’m unsure of what that role is,) he can’t legally sue Cash Money, so now he’s asking the court to appoint a receiver to do so on his behalf. For their part, Cash Money denies they owe Jas 22% of anything. Wonder if he’ll get his coins!
Don’t Stress! Mack Maine Has A GOOD Update About Lil Wayne vs. Cash Money!
As we all know by now, Lil Wayne is at odds with Birdman and Cash Money Records over the long-awaited Tha Carter V. Via Weezy’s Twitter rant a little over a week ago, Birdman and CMR “refuse to release” the album, and he wants “off this label and nothing to do with these people.” He did not elaborate on why exactly he’s at odds with his longtime label, but a later update said that Birdman was “deeply offended” by the statements. He also said he has no plans to release Wayne from his contract, even being willing to go to court if that’s what it takes. He does, however, plan to release Tha Carter V at some point, but says there’s still “lots of administrative work” left to be done before it can drop.
(Video) Turk Explains Why He Didn’t Re-Sign With Cash Money Records, Deal With Rap-Alot-Records & More!
Hot Boy’s Turk has detailed why he chose to sign a deal with Rap- Alot-Records rather than resigning with Cash Money; and it has to do with the support he received from J. Prince! Turk stated that J. Prince gave him alot of the support he needed while incarcerated, including trying to get the rapper out as well as paying for attorney fees. Check out the full interview here!
(Video) Cory Gunz – Do Something
CG’s visual for “Baraka” started circulating last Sunday. This Sunday, “Do Something” is. See it after the jump.
