Negative. 50% writer credit, 50% composer credit. Lox get 50% writer, and Puff gets 40% of THEIR 50% because they signed a publishing deal on top of the record deal. So the LOX only own 30% of the total publishing…not 80%. Unless the Lox made the beat too, it's unlikely they own more than 50% of the publishing rights for a particular song.
lol of course they signed a recording contract and a publishing deal. As a record label Puff invests in talent and up fronts the recording costs, sharing the risk with his artists. When revenues from record sales and royalties are earned they need to go back to the label to cover recording costs before anyone is paid a royalty. The publishing deal with Puff is separate, as he stated in an interview Badboy has a staff that provides administration services to follow up on royalties and collected them once they are earned. The Lox pays for their share of these costs through their publishing as its Diddy's company Badboy that has the equity in the business side.
Puff also has a production company with Badboy where he provides production services from the hitmen. The Lox and artists need to pay the producers for the production as part of the recording costs something that Puffy fronts up front and then collects again through sales and publishing before profits are earned for the artists.
He stated in the interview the Lox took home over 1.5 million for their album sales….and Puff got just under 400K. I don't know what kind of business you think they should get out of that and what Puff should get for investing in them, giving them the opportunities, and taking a risk with his business to take the time, energy and capital to invest in their talent.