Birdman has supplied an inside look into how a lot cash his report label, Money Cash Data, makes by proudly owning varied artists’ masters.
Throughout an interview on media character Wallo’s podcast, The place’s Wallo, on April 30, the New Orleans-bred report govt explains how a lot he earnings from his present and former Money Cash Data artists’ music catalogs.
“We license the music,” Birdman revealed. “I simply began letting individuals pattern my shit. So yeah, it’s a gang of how you can also make cash along with your masters. We generate $20 [million] to $30 million a 12 months simply on our masters.”
Over the course of the label’s existence, quite a few rappers have been signed to Money Cash Data akin to Lil Wayne, Nicki Minaj, Drake, Tyga and extra. Wayne, nevertheless, formally left the label in 2018, after settling a lawsuit with Money Cash whereas Drizzy parted methods the next 12 months.
Nonetheless, a number of rhymers all through the years have referred to as out Child for his mishandled enterprise dealings and contractual agreements.
In 2017, Money Cash Data was reportedly sued for withholding Drake’s earnings.
Lil Wayne can also be among the many rappers who’ve been disgruntled with the label and, at one level, had a really public dispute with Birdman and Money Cash Data over the delay of his Tha Carter V album.
After a number of album launch date delays for the fifth installment of Weezy’s Tha Carter sequence, Wayne tweeted in December of 2014, “I’m a prisoner and so is my creativity Once more,I’m really sorry and I do not blame ya if ya fed up with ready 4 me & this album. However thk u.”
The next 12 months, Lil Wayne sued Money Cash Data for $51 million, claiming that the label and its CEO, Birdman, violated his deal and owed Wayne thousands and thousands of {dollars} for stalling the discharge of his album.
An eight-figure settlement was made between Weezy F. Child and Money Cash Data in June of 2018. Months later, on Sept. 28, 2018, Wayne dropped Tha Carter V. That very same 12 months, Lil Wayne was additionally launched from the label.
Rick Ross even referred to as out Child’s alleged therapy of Money Cash artists again in 2017, on the tune “Idols Turn into Rivals.” “Catholic report labels, niggas gettin’ raped, boy/Birdman’s a priest, moans in his synagogue,” Rozay raps on the diss monitor.
No matter Birdman’s historical past together with his artists, that did not cease him from sharing info on how a lot he is been making from them. Try the dialog beneath. Child speaks on the thousands and thousands he makes from his rappers’ masters across the 7:40-mark.
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