New video from Birdman & Jacquees called Wise Words.
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TheJasmineBRAND.com exclusively reports, Lil Wayne suffered a major setback in his $20 million dollar lawsuit against Universal Music – in which he accuses the label of screwing him out of millions in royalties – with a Federal Court judge not allowing the rapper’s case to continue until his legal battle with Birdman is resolved.
Here’s the latest: July 29th, the Federal Court judge came back with his decision and sided with the label. He agreed that the present case and the lawsuit against Birdman are substantially similar and the outcome of that suit will effect this one.
As a result, the rapper won’t be seeing a $20 million check anytime soon and will have to wait until his suit with Birdman is finished – which could be over a year – to continue on with his claims against Universal Music.
Here’s the backstory: Young Money Entertainment and Lil Wayne have slapped Universal Music Group – with a federal lawsuit accusing them of stealing tens of millions in royalties.
Wayne explained he helped discover and develop such artists as Nicki Minaj, Drake and Tyga. Per his deal with UMG, he was to be paid a significant percentage of ownership of their recordings along with a cut of other profits.
However, he accused the record label of diverting tens of millions of money they were suppose to pay him to pay off a $100 million dollar debt that Cash Money – founded by Birdman – owed the label.
Wayne said Cash Money was given a $100 millioin advance and Birdman still owes them a total of $60 million. However, he says that none of that debt was his doing and he isn’t a party to that agreement.
The label is accused of diverting profits from Drake, Tyga and Nicki Minaj – which was to be paid to Wayne – and using it to pay off Birdman’s massive advance debt to them.
Wayne filed suit demanding in excess of $20 million dollars from Universal Music.
The record label headed to court and filed docs to stay the entire case until the outcome of Wayne’s legal battle with Birdman. They argued the two cases are substantially similar but the rapper fired back and said they aren’t at all related.
He demanded the judge not allow Universal Music to stay his case and to allow him to continue on.
This the second edition of “You Heard This Before?”. This time around we have a rare Boosie verse, a Birdman record and his addiction to that ‘Roin, a feature that has Kevin Gates, Young Ready, & Savage on it, and few other hidden gems.
Dirty Boyz – That Thug In Me ft Lil Boosie & Thug Addict
No real back story behind this record. Rare record, not too many people heard this verse from Boosie.
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B-32 (Birdman) – I Need A Bag of Dope
This was before the whole “Baby” & “Birdman” thing. This is like from 93 or so.
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Smoked Outt Records & Turk – Low Down & Dirty
Before Young Money Records there was Smoked Outt Records which was ran by Birdman’s nephew Lil Derrick (one of the original members of the Hot Boys as Bullet) who was later murder years later.
[soundcloud url=”http://api.soundcloud.com/tracks/106640408″ params=”” width=” 100%” height=”166″ iframe=”true” /]
Webbie, Lil Broderick, & Untamed Mayne – No Stoppin Us
At the time both Webbie & Lil Broderick were looked at as two artists who would come up the ranks in Trill Ent. While Broderick was locked up Webbie took off…
[soundcloud url=”http://api.soundcloud.com/tracks/106640498″ params=”” width=” 100%” height=”166″ iframe=”true” /]
Animal Klik (Kevin Gates, Young Ready, & Savage) – Animal Klik
Rumor has it that at one point there was a possibility of getting Kevin Gates, Young Ready, & Savage in a group this was a song recorded produced by Savage.
[soundcloud url=”http://api.soundcloud.com/tracks/106640308″ params=”” width=” 100%” height=”166″ iframe=”true” /]
“I’ve been talking to Fresh a lot. We talk every other day, we been talking about doing music; so matter of fact we gonna get in. Me and Fresh ain’t got no problem, we never had no problem. It’s been a minute and we plan on working again.
I was been tryin’ to do that, he didn’t wanna do it. I thought personally he didn’t want no part of it because it been dead. We been lettin’ it live in the grave, ain’t nobody picked it up. It was Wayne’s decision to say let’s rock with this Big Tymers, besides that it’s been in the grave, nobody touched it.
I love his family, he loves my family, we know each other. His sister passed, my sister passed, I went to the funeral so people bring things outta context but personally he’s my brother and I got nothing but love for him and I’ma work with him again.”