Lil Wayne Scores 8 Figure Settlement w/ UMG & Birdman

bucks3115

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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?
 

Spacely Sparkus

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brehs saying this is a win for birdman? :mjlol:

He didn't have the money to pay so UMG settled his debt for him basically and he lost his cash cow artists.

Trying to spin this as a win for birdman shows a lack of understanding. The nikka COULDN'T pay his bills and they took his ASSETS.

Birdman might not put up any cash for it right now, but he lost all his valuable assets. And the reason he didnt pay anything is because he doesnt have the money to pay.

Nicki and Drake still signed with Cash Money tho' (UMG just recouping their payment thru them)
 

Amestafuu (Emeritus)

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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?
All this was already answered...

Birdman isn't getting money.
 

bordeaux

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wow this is amazing. should be very exciting to see how he moves forward.
i wonder does he even have to promote and support the album?
bet he signs w/ roc nation. i also wonder what nicki n drake contracts r looking like b/c i dont expect them to stay.
 

Sir Brehsington

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Good for him.

Homie was a workhorse.

Put the label on his back when Juve, BG and Turk left.

Most thought CMR was done.

After Manny left, I thought so too.

Gotta give Weezy his props for holding down his bosses, revamping the label with new acts and being one of the few artists that truly got better as his career went on.

He may be in a decline stage now, but that was one hell of a run.
 

Spacely Sparkus

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Yes birdman ain't seeing them dollars... doesn't matter where they are signed. He's got more than 10 mill to pay back

Drake album already 2x platinum without hitting the streets. This financial dispute will be over soon.
No where in this report does it say Birdman aint eating off his artists (you alluding to him being broke), not even a mention of royalties
+ Birdman always maintained UMG had a play in this too. I also dunno why you would think Bird would outright give a nikka ova 10 million:pachaha:

Basically......
Coli lawyers in here working hard, thinking they know everything that's going on in them contracks :birdman:

Wayne still my son and that ain't gone change ya heard? :birdman:
 
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