Lil Wayne Huge Settlement Against Cash Money

He may have been a free agent during comeback season but when So Far Gone dropped he was the biggest artist in the game. Wel, maybe behind Wayne but he was huge. He was moving like a signed artist and I believe he was. I think Wiz was similar. I believe he was signed when they were talking he was a free agent. His buzz was too big.

Was it a bad move business wise? Seems like he's getting his bread unlike Wayne.

Nah Wiz had an unbelievable Buzz
he and Currency at the time were buzzing out of this world with their mixtapes.
Wiz decided to sign where he did Currency went where he went with it.
But Whiz buzz was home grown he just happened to kill it even on a bigger stage with the label help and 2 hits right out of the gate after he got the "professional" production.
 
Nah Wiz had an unbelievable Buzz
he and Currency at the time were buzzing out of this world with their mixtapes.
Wiz decided to sign where he did Currency went where he went with it.
But Whiz buzz was home grown he just happened to kill it even on a bigger stage with the label help and 2 hits right out of the gate after he got the "professional" production.
That's fine if you believe that but Wiz buzz was some major label shit too. I remember even hearing about it back then but this article speaks on it somewhat:

http://www.vulture.com/2010/05/hip_hops_new_business_model_ma.html

This phenomenon existed before Drake. “I was over at Interscope when we signed Souljah Boy,” recalls Archibald Bonkers, manager of Indiana rapper Freddie Gibbs and A&R for HHH Artists from 2004 to 2007. “At the first radio meeting after he was signed, [the label decided to] do nothing. They didn’t want to mess with the grassroots.” But recent examples of rappers who have secretly signed to labels while continuing to market themselves suggest that the trend’s truly taking hold among those still trying to make their break. The idea is simple: Artists market themselves gradually, via social networks and blogs, avoiding oversaturation. They make their music using low-budget production techniques. And then, once their “indie” success wins notice in the mainstream, their label backers come out from behind the curtains.
 
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hush...
Jayz never had to buy his rights back

He negotiated full ownership of some of his masters as part of his running Def Jam
He never would have been in the position to do that if he came in the game as an artist instead of a label owner

Wayne Nicki nor Drake own 0% of their own masters


Nicki Minaj is officially the first lady of Young Money.

The Queens rapper—who attracted the attention of fans and industry heads alike with her third mixtape, Beam Me Up Scotty—signed to Lil Wayne’s Young Money imprint just two months after Drake inked the dotted line.

“There’s so many people that kind of shut you down as a female before you even get your foot in the door,” Nicki Minaj told XXLMag.com. “So when you get moments like this it’s like ‘yes, finally’.”


According to a press release [see below], Minaj will retain and own all of her 360 rights, including merchandising, sponsorships, endorsements, touring and publishing.

While she’s focused on the Young Money compilation album, set for a year-end release, Minaj has began recording for her as-yet untitled debut album.

“A lot of things that could’ve been on Beam Me Up Scotty weren’t because they were quote-unquote too good to put on a mixtape,” she told XXL. “So I have an arsenal and very soon we’ll start releasing stuff.”

Nicki Minaj’s first LP is expected to drop early 2010, distributed by Universal Motown. –John Kennedy, with additional reporting by Vanessa Satten
 
Nicki Minaj is officially the first lady of Young Money.

The Queens rapper—who attracted the attention of fans and industry heads alike with her third mixtape, Beam Me Up Scotty—signed to Lil Wayne’s Young Money imprint just two months after Drake inked the dotted line.

“There’s so many people that kind of shut you down as a female before you even get your foot in the door,” Nicki Minaj told XXLMag.com. “So when you get moments like this it’s like ‘yes, finally’.”


According to a press release [see below], Minaj will retain and own all of her 360 rights, including merchandising, sponsorships, endorsements, touring and publishing.

While she’s focused on the Young Money compilation album, set for a year-end release, Minaj has began recording for her as-yet untitled debut album.

“A lot of things that could’ve been on Beam Me Up Scotty weren’t because they were quote-unquote too good to put on a mixtape,” she told XXL. “So I have an arsenal and very soon we’ll start releasing stuff.”

Nicki Minaj’s first LP is expected to drop early 2010, distributed by Universal Motown. –John Kennedy, with additional reporting by Vanessa Satten
anytime someone says something like "xyz retains their 360 rights..."
it means they are ignorant or lying... there is no such thing as "360 rights"
so how how can they be retained?

1. Nicki is on a 360 contract - Lil Wayne's lawsuit filing exposed that lie and a bunch of others about YMCMB
(Jas Prince's lawsuit filing exposed a series of other lies about YMCMB before that)

2. NO artist with a label recording contract owns their masters... never will - going back decades before 360 contracts - as long as the label finances recording and production. The best case scenario is an artist owns a percentage of their masters, and most times that's only after the artist gets their own imprint and distribution deal via a label
 
anytime someone says something like "xyz retains their 360 rights..."
it means they are ignorant or lying... there is no such thing as "360 rights"
so how how can they be retained?

1. Nicki is on a 360 contract - Lil Wayne's lawsuit filing exposed that lie and a bunch of others about YMCMB
(Jas Prince's lawsuit filing exposed a series of other lies about YMCMB before that)

2. NO artist with a label recording contract owns their masters... never will - going back decades before 360 contracts - as long as the label finances recording and production. The best case scenario is an artist owns a percentage of their masters, and most times that's only after the artist gets their own imprint and distribution deal via a label



So let's say your a hot artist with the talent of a Kendrick, Drake or Wayne how would you addresss this situation before hand.
 
So let's say your a hot artist with the talent of a Kendrick, Drake or Wayne how would you addresss this situation before hand.
depends on your goals...
a. Do you want to make good money for making music and performing?
or
b. Do you want to be famous for making music, do you want your songs to be in pop culture?

if your choice is b - then no matter what you'll be sharing percentages of your art, best case is to build as much of a fan base as you can before signing a distribution deal with a major label

if your choice is a - do the indie route - you can make a lot of money, but you won't have fame or celebrity- no access or marketing partners like Apple, Sprite, Samsung etc... - forget about getting national tv appearances or award shows etc.
 
depends on your goals...
a. Do you want to make good money for making music and performing?
or
b. Do you want to be famous for making music, do you want your songs to be in pop culture?

if your choice is b - then no matter what you'll be sharing percentages of your art, best case is to build as much of a fan base as you can before signing a distribution deal with a major label

if your choice is a - do the indie route - you can make a lot of money, but you won't have fame or celebrity- no access or marketing partners like Apple, Sprite, Samsung etc... - forget about getting national tv appearances or award shows etc.

What an artist like young ma?

She got that Apple money...

But ain't she independent ?
 
What an artist like young ma?

She got that Apple money...

But ain't she independent ?
no music you see getting pushed is independent

lets say that IF hot nigga or ouuu was indy in the early stages of online buzz - for it to break in pop culture it ain't independent anymore.

And everyone of these break outs from Shmurder to Cardi were already locked in production deals
The only breakout artist that had his business right was Trinidad James
 
depends on your goals...
a. Do you want to make good money for making music and performing?
or
b. Do you want to be famous for making music, do you want your songs to be in pop culture?

if your choice is b - then no matter what you'll be sharing percentages of your art, best case is to build as much of a fan base as you can before signing a distribution deal with a major label

if your choice is a - do the indie route - you can make a lot of money, but you won't have fame or celebrity- no access or marketing partners like Apple, Sprite, Samsung etc... - forget about getting national tv appearances or award shows etc.



Yea the goal would be to make as much money as possible but to have as much control as possible.

So I'm assuming create as much buzz and fan supports as a independent artist which could equal to $$$ to a degree, then let the labels come sort after you vs you shopping you music to them.
 
no music you see getting pushed is independent

lets say that IF hot nigga or ouuu was indy in the early stages of online buzz - for it to break in pop culture it ain't independent anymore.

And everyone of these break outs from Shmurder to Cardi were already locked in production deals
The only breakout artist that had his business right was Trinidad James


The artist I'm talking about probably run circle around them, far as creativity, content/substance and flow....

So for me it would be a disappointment to settle for some fuck shit....even tho that normally how it happens in the music world, that don't mean it's ok or right....
 
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Nah Wiz had an unbelievable Buzz
he and Currency at the time were buzzing out of this world with their mixtapes.
Wiz decided to sign where he did Currency went where he went with it.
But Whiz buzz was home grown he just happened to kill it even on a bigger stage with the label help and 2 hits right out of the gate after he got the "professional" production.
Whose music is better?
 
I’m happy for him but from 51 mill to “Well over” 10 mill?

It’s better than the nothing I was expecting him to get.
Seems like he settled for the 10 mil he was supposed to get in the first place. He get the rest with record sales, touring, and merchandise.
 
no music you see getting pushed is independent

lets say that IF hot nigga or ouuu was indy in the early stages of online buzz - for it to break in pop culture it ain't independent anymore.

And everyone of these break outs from Shmurder to Cardi were already locked in production deals
The only breakout artist that had his business right was Trinidad James

wait...

WHAT!??????????!?!?!?!??!?!

All Gold Everything????????
 
You’re right, as long as he’s away from Birdman it’s a win.


Is he really away? He originally sue to have his contract voided but they didn't say anything about that.

Seem like Nikki and Drake are free from Cash Money but still with Universal. The Carter 5 will happen now(which is probably is dated)...but is Wayne really free.

If y'all remember this only really started because Drake and Nikki started asking about their money.
 
Is he really away? He originally sue to have his contract voided but they didn't say anything about that.

Seem like Nikki and Drake are free from Cash Money but still with Universal. The Carter 5 will happen now(which is probably is dated)...but is Wayne really free.

If y'all remember this only really started because Drake and Nikki started asking about their money.
thats incorrect - Nicki and Drake are not parties to this lawsuit - this started because the IRS came knocking and gave Wayne a very cold shower.

from what I can see - Drake and Nicki are still on YMCMB... label contracts do not die that easy
worse the press release said NOTHING about Wayne's ownership of YMCMB

everyone got so caught up in the $51 million that people didn't notice or just forgot the meat of the lawsuit was really about Wayne getting his share of YMCMB including half of revenue, residuals, copyright etc etc

Wayne thought he was a partner but Baby drew up a deal giving Wayne "ownership" but no copyright, no share in the masters, no publishing, no artist merch
Wayne's lawsuit was really for an estimated 3x more than $51 million - when everything is counted

$51 million was only what Wayne is owed from his own recording contract


So wait and see... there isn't enough info to know what Wayne's new deal really is or whats up with Young Money
cause in the past these press releases were mostly lies...

I'm waiting to see how the Jas Prince lawsuit settles out
 
thats incorrect - Nicki and Drake are not parties to this lawsuit - this started because the IRS came knocking and gave Wayne a very cold shower.

from what I can see - Drake and Nicki are still on YMCMB... label contracts do not die that easy
worse the press release said NOTHING about Wayne's ownership of YMCMB

everyone got so caught up in the $51 million that people didn't notice or just forgot the meat of the lawsuit was really about Wayne getting his share of YMCMB including half of revenue, residuals, copyright etc etc

Wayne thought he was a partner but Baby drew up a deal giving Wayne "ownership" but no copyright, no share in the masters, no publishing, no artist merch
Wayne's lawsuit was really for an estimated 3x more than $51 million - when everything is counted

$51 million was only what Wayne is owed from his own recording contract


So wait and see... there isn't enough info to know what Wayne's new deal really is or whats up with Young Money
cause in the past these press releases were mostly lies...

I'm waiting to see how the Jas Prince lawsuit settles out


right.....nothing said about what we ready want to know about

-Sources close to the case revealed Universal executives agreed to pay to settle the case for a sum "well over $10 million."

-Universal chiefs were happy to pay out as they have kept the rights to Drake and Nicki Minaj's work.

-Lil Wayne's lawsuit demanded Cash Money executives release all their documents relating to the two artists' contracts with the company.
 
He has to pay the lawyers first. He did even walk away with half.
then Jas Prince, at this pert i guess he just wants to be able to drop carter 5, pay who he has to pay

shit was it ever stated if he was released from cash money or not...
 
then Jas Prince, at this pert i guess he just wants to be able to drop carter 5, pay who he has to pay

shit was it ever stated if he was released from cash money or not...
nah - thats a separate lawsuit really directed at Baby that's still ongoing

also press release never mentioned anything about revenues from nor the ownership of Young Money
 
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no music you see getting pushed is independent

lets say that IF hot nigga or ouuu was indy in the early stages of online buzz - for it to break in pop culture it ain't independent anymore.

And everyone of these break outs from Shmurder to Cardi were already locked in production deals
The only breakout artist that had his business right was Trinidad James
On Trinidad James, tell me more...
 
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