birdman was NOT found libel for funds owed Weezy....
He just have to relieve himself as sole copyright holder of YMCMB recordings
Conflicting reports about the exact dollar amount of the settlement are being circulated, though it’s rumored to be more than $10 million. A source told the outlet that
Birdman did not fork over any of the dough for the amount, as it was covered by Universal Records. The major label reportedly settled for the large sum of money due to their belief that they can
recoup it from Drake and Nicki Minaj’s forthcoming projects.
Weezy will also reportedly be able to release his
long-awaited Tha Carter V album, but it will drop through Universal Records and not Cash Money, as he has finally severed ties with the veteran hip-hop imprint.
Read More: Lil Wayne Released From Cash Money Records Deal - XXL |
http://www.xxlmag.com/news/2018/06/...ney-record-deal-settlement/?trackback=tsmclip