It recently emerged that Lil Wayne allegedly sold the Masters of Young Money to Universal Music Group, which would have earned him an additional $ 100 million. People are actually quite surprised that he sold Young Money for just $ 100 million (Bob Dylan reportedly sold his for $ 300 million recently), since Young Money includes albums by Drake, Tyga, Nicki Minaj and more. ‘other big names. Nicki Minaj fans are especially curious if this means the rapper no longer owns her masters.
So, does Nicki Minaj own her masters?
Since all of Nicki Minaj’s albums have been released by Young Money (this includes “Pink Friday”, “Pink Friday: Roman Reloaded”, “The Pinkprint” and “Queen”), this means Nicki doesn’t own her masters. – Universal Music Group does it. And if Nicki continued to make music under Young Money, that would mean Universal owns all of its future releases as well (although she said she decided to retire from her music career in 2019). Even her latest single, “Yikes”, released in February, was under Young Money.
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Unfortunately, she until Pink Print “and drake until Scorpion” does not own their masters. They were married by Young Money before Lil Wayne in June sold them to UMG for some $ 100 Mill. The Queen album is by UMG. Maybe she has a new deal with them to appropriate apart or her masters are full
– Frank blak (@blak_philip) December 17, 2020
The sale of Young Money was reportedly halted in June as part of a lawsuit launched by former Lil Wayne manager Ronald Sweeney (who is suing the rapper for $ 20 million). By Music company in the world, the prosecution states: “The plaintiffs are informed and believe … that after [Sweeney’s] Termination [as Wayne’s manager], specifically in or around June 2020, Lil Wayne was able to sell the Young Money Masters to Universal Music Group for over $ 100 million. “
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Many criticize Lil Wayne’s decision and believe he has under-sold his label. “It looks like Lil Wayne was digging into that Young Money Masters deal with Universal Music Group. The entire Young Money catalog (not his), including songs and albums by Drake, Nicki Minaj, Tyga, and more for 100 million dollars, ”one person tweeted.
It looks like Lil Wayne has been digging into that Young Money Masters deal with Universal Music Group. The entire Young Money catalog (not his) featuring songs and albums from Drake, Nicki Minaj, Tyga and more for $ 100 million
– Ayo Ajayi🛩🏎⛹🏾♂️🏇🏾🎬🎼 (@Ayomagnum) December 18, 2020
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“This man, Lil Wayne, really sold the entire Young Money Drakes Masters Nicki Minaj’s Masters catalog … all for just $ 100 million, it’s the biggest scam I’ve ever heard of,” wrote another.
That man Lil Wayne really sold the entire Young Money catalog
Masters of the Drakes
Nicki Minaj’s Masters … all for just $ 100 million 🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️This Legit is the biggest scam I’ve ever heard of speak– Dallas🌹 (@DallasThaSavage) December 17, 2020
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While Drake has released “Thank Me Later”, “Take Care”, “Nothing Was the Same”, “Views” and “Scorpion” under Young Money, some are at least relieved that his upcoming album, “Certified Lover Boy,” or release under his own label, Republic and OVO Sound.
Lil Wayne discovered Nicki Minaj and signed with Young Money in 2009. They have always had a great professional relationship and Nicki has yet to speak publicly about the sale. During her time in prison, Nicki said Interview magazine, “I never want to imagine [life without Lil Wayne’s mentorship]. I can’t even imagine my career, uh, my creative mind without Wayne. I attribute a lot to her for what I do. Before him, no one really supported me in hip-hop. I feel like I’m still connected with him in a creative way. “
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She added, “Even though Wayne is my mentor, I never went to see Wayne and asked him, ‘Hey Wayne, can you write me a rap?’ It makes me like one of the boys, you know? My work ethic is like their work ethic, and I don’t have to wait for them to tell me what to say. And I think that’s a big part of the problem. “