Lawsuit Against Cash Money Records/UMG Over Drake's Music Set To Move Forward

The company co-founded by Lil Wayne's manager, Cortez Bryant, wants money from YMCMB.

(AllHipHop News) Aubrey Drake Graham is best known as an artist signed to Young Money/Cash Money, but the "In My Feelings" crooner was first under contract with Aspire Music Group in 2008. Aspire eventually sued Cash Money Records, Young Money Entertainment, UMG, and Republic Records for profits made off Drake's music.

THRreports a New York Supreme Court judge rejected Cash Money's request to dismiss the case. Judge Barry Ostrager also ruled the statute of limitations only expired for claims connected to accounting statements provided before March 2010.

Aspire took Drake to Dwayne "Lil Wayne" Carter's Young Money Entertainment in 2009. The company agreed to get one-third of net profits from Drake's first six solo albums plus a third share in the copyrights.

According to Carter's own 2015 lawsuit against Cash Money, a “2009 Drake Letter Amendment” divided revenue from the sale of Drake’s solo recordings between Cash Money and Young Money. Wayne settled the Cash Money/UMG suit earlier this year.

There are also rumors that Drake has ended his contract obligations with YMCMB. On the Scorpion track “Is There More," the Toronto native raps, “Soon as this album drop I’m out of the deal."

Comments

Stories