Lil Wayne has become the sole owner of young money

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.

READ MORE  #KAYAYO: Fella and Medikal go crazy in promotional video.

In the meantime, Wayne’s been working on his long-awaited followup to 2011’s Tha Carter IV at a home studio in Miami. He previewed the outro, which features a sample of R&B singer Sampha’s 2013 song “Indecision.” The song recounts a suicide attempt by Weezy at the age of 12, which Wayne has always claimed was an accident.

“He just told me one day that he was ready to address it now,” Young Money’s President Mack Maine said. “Just being an adult, reaching a level of maturity and comfort where it’s like, ‘I want to talk about this because I know a lot of people out there might be going through that.'”

READ MORE  Burna Boy finally speaks after Grammy loss- Congratulates Angelique Kidjo.

The rest of the album is still “in flux,” according to Billboard. Young Money tweeted new cover art for the project yesterday (Sept. 12). It was previously reported that Wayne’s longtime collaborator Mannie Fresh contributed production.

Elsewhere in the story, Wayne discusses his health struggles, skateboarding habits, and some interesting anecdotes—like the fact that he didn’t realize he was supposed to prepare a speech as the best man at 2 Chainz’s wedding.

READ MORE  Zylofon Paid Wizkid And Others $4m For Becca’s Anniversary Concert

You can read the entire piece over at Billboard.


Subscribe to TheBIGTRENDIN Latest News in your inbox each morning.

Thank you for subscribing.

Something went wrong.

Like it? Share with your friends!

Chat With Us
Hi! Click of our representative below to chat on WhatsApp or send us email to admin@thebigtrendin.com