Lil Wayne Scores 8 Figure Settlement w/ UMG & Birdman

ReasonableMatic

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them m's count different when Baby & UMG divides the pie :ohhh:

1m976.jpg
Stress’ll take a young nikka, give him an old face - Beans

:mjlol:
 

FreddyCalhoun

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Hey coli industry people
Got some question


Does this mean UMG bought wayne contract and wayne doesnt have anything to do with cash money?

Does it mean Drizzy n Nicky r nt in CMB anymore ??

Does birdman getting money out of it?
Umg was already taking those profits that was the problem. They fronted Birdman 100mill and was taking all profits to pay that back, even Wayne share of young money artist even though Wayne didn’t get that 100 mill

Now they just gave Wayne a adavance for him to be signed straight to universal. Wayne still didn’t get paid.


Its not an advance if he dropped the suit. He does own them anything.
 

ThaEruditious

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J. Prince/ Jaz Prince /Young Money / Cash Money / Universal....


God knows that is alot of hands in the pot....

It's only confirmed Wayne is no longer contractually obligated to CMR, nothing was said about Drake and Nicki and if memory serves me right, both of them signed joint venture deals specifically with CMR.
 
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