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Lil Wayne Is Now Sole Owner of Young Money Entertainment
By 258Mafia on September 14, 2018
Lil Wayne‘s Tha Carter V is officially dropping “this fall” amid reports that Weezy is now the sole owner of Young Money. The legend revealed this and more to Billboard in a lengthy new profile published today (Sept. 13).
The article details the terms of Weezy’s settlement with Cash Money Records, with whom he waged a three-year legal battle over outstanding advances and the rights to his catalog. Wayne settled on June 7 for an undisclosed sum. As a result of the agreement, Billboard reports, Young Money Entertainment transitioned from a 51-49 joint partnership with Cash Money to Tunechi owning his imprint outright.
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