Lil Wayne’s release from Cash Money Records in June doesn’t mean the rapper is through feuding with Birdman and the label. According to an Aug. 19 report from The Blast, Baby and Cash Money hit Aspire Music Group—Lil Wayne’s manager, Cortez Bryant’s company—with a countersuit claiming the organization skimmed Drake’s royalty profits.
Aspire had originally sued Cash Money and Universal Music in 2017, claiming the labels withheld royalties owed from Drake’s career. But on Friday (Aug. 17), Cash Money counter-sued Aspire, accusing Bryant and Tunechi of conspiring with attorney Ronald Sweeney to gain a larger share of Drizzy’s royalties.
According to court documents, Cash Money Records claims Aspire Music Group is nothing but a “shell company,” adding, “There was no business purpose to forming Aspire, other than to siphon profits out of the joint venture and to divert those profits to Sweeney, Bryant, and Carter/ Young Money. Aspire never conducted any business other than getting Drake signed to a record label. Aspire has never signed, nor sought to sign, a single additional artist.”
Birdman and Cash Money are now demanding that Aspire’s lawsuit be dismissed. While Wayne and Bryant have been accused of conspiring with Sweeney, Wayne is not named as a defendant in the lawsuit.
– Excerpt from an article written by Nick Mojica for XXL Mag. Find the full article here.
Disclaimer: Please note that the information contained within this news post and site is offered simply as a consideration to visitors who are in the entertainment industry and are seeking to learn more about various areas of entertainment, be it in film, movies, television, music, digital, new media, film financing, merchandising and/or branding. As such, the information so provided should never be construed as legal advice. If you need further assistance or legal advice for your specific matter, please do not hesitate in contacting an entertainment attorney (film, music, digital, licensing, financing) here in Los Angeles, California at The Hollywood Lawyer by(1) emailing us at email@example.com; (2) calling us at (323) 300-4184; or (3) filling out our online form. www.thehollywoodlawyer.com.