Lil Wayne Is Now Sole Owner of Young Money Entertainment

By 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.