Cash Money Records may move to Warner Music Group?

27 Dec

Ever since 1997, Cash Money Records has been distributed by Universal Records. This has been through the good times and the bad times. In 2006, they extended their deal for three more years. Those three years ended up being Lil Wayne creating Young Money Entertainment and his two album, Tha Carter III and We Are Young Money. However, recently, there has been a small dispute between Universal and Lil Wayne.

Towards the end of 2008, Lil Wayne announced that he was going to release a rock album called Rebirth. The album was pushed back until 2009 and the album has been steadily pushed back until it is currently set for release in 2010. The issue is that Universal Records does not want to risk Lil Wayne losing his rap music base in an attempt to become a universal artist. Quietly, the rapper has been going back and forth with the label.

Due to his 2007 gun charge, Lil Wayne had to appear in court in New York City. This also happens to be the home of the headquarters of Warner Music Group. The company is lagging behind in hip hop music. The only prominent hip hop label under the music group is T.I. and his label, Grand Hustle. It appears that everyone else has left.

For the past few years, Cash Money Records has become a distributing label. There are not too many artists signed directly to the label. Most of the popular music from the label is coming from the sub-label, Young Money. Aside from Young Money, the label also distributes releases from the Miami-based Dunk Ryders Records, Freeway’s Free Money label and they are in talks to begin distributing releases from B.G.’s Chopper City Records.

The size of Cash Money Records has caused the need for reorganization within the Universal Music Group. It appears that Cash Money needs to be taken from under Universal Motown to become its own group. However, with the money that Cash Money and the labels under it are bringing in, there would be no chance of Universal Motown allowing Universal Music to take the label from under them.

However, a deal can always be worked out that would allow Cash Money to move on elsewhere. If the label were off to itself, only under the big company that would mean that Birdman would be the chairman of a label group and making just as much money as Jay-Z did when he was over the Def Jam Group. With the way that Warner Music has been struggling, they would allow Lil Wayne to release Rebirth and they would probably allow Cash Money to be its own entity.

Lil Wayne and Birdman are rumored to be talking with Warner Music Group chairman, Lyor Cohen about possibly moving Cash Money away from Universal Motown to become its own label group under Warner Music Group.

One Response to “Cash Money Records may move to Warner Music Group?”

Trackbacks/Pingbacks

  1. Tweets that mention Cash Money Records may move to Warner Music Group? « Hip Hop Vibe -- Topsy.com - December 27, 2009

    […] This post was mentioned on Twitter by MAYORCathrynMarie, Weezy Carter. Weezy Carter said: Cash Money Records may move to Warner Music Group? « Hip Hop Vibe http://bit.ly/8tYPVu […]

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