Universal Music Group acquired Young Money catalog for over $100m in June (says Lil Wayne’s ex-manager, who’s suing him for $20m) - Music Business Worldwide
Lawsuit claims that Ronald Sweeney missed out on promised 10% cut of Young Money sale price…www.musicbusinessworldwide.com
Apparently Nicki‘s and Aubrey’s masters were part of the deal too...
Damn, so he sold his (Lil Wayne), Drake, and Nicki Minaj's masters for $100Million?
I hope he has a masterplan up his sleeve.
iirc when Dr Dre sold his equity in Death Row people thought he was a sucker. I remember hearing that Death Row was worth $300 Million and Dre walked away with $30 mil, but it worked out for him.
However, in my opinion, Dr Dre is more talented than Wayne. But time will tell.