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Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Wednesday, March 28, 2012

Cash Money Records Settles EMI Lawsuit

Lil Wayne and Birdman perform at SXSW in Austin, Texas.

EMI Music has reached a settlement with Cash Money Records over unpaid licensing fees, Billboard reports. The money is apparently tied to Lil Wayne's 2008 release Tha Carter III. EMI sued Bryan "Birdman" Williams and Ronald "Slim" Williams' label in 2009 for "direct, contributory and vicarious inducement of copyright infringement, unfair competition and breach of contract." A judge ruled that Cash Money owed the powerhouse label $1.5 million.

As of last week Cash Money had yet to fully pay, still owing EMI almost $500,000. Today the labels issued a joint statement reading, "Cash Money Records and EMI Music Publishing have amicably settled EMI's recent lawsuit and their financial disputes on various record releases. The companies look forward to working together on future projects."

Cash Money and Lil Wayne's label, Young Money Records, has run into a plethora of lawsuits in the past, including one involving copyright infringement over Wayne's song "BedRock."

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here


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Tuesday, March 27, 2012

Cash Money Records Settles EMI Lawsuit

Lil Wayne and Birdman perform at SXSW in Austin, Texas.

EMI Music has reached a settlement with Cash Money Records over unpaid licensing fees, Billboard reports. The money is apparently tied to Lil Wayne's 2008 release Tha Carter III. EMI sued Bryan "Birdman" Williams and Ronald "Slim" Williams' label in 2009 for "direct, contributory and vicarious inducement of copyright infringement, unfair competition and breach of contract." A judge ruled that Cash Money owed the powerhouse label $1.5 million.

As of last week Cash Money had yet to fully pay, still owing EMI almost $500,000. Today the labels issued a joint statement reading, "Cash Money Records and EMI Music Publishing have amicably settled EMI's recent lawsuit and their financial disputes on various record releases. The companies look forward to working together on future projects."

Cash Money and Lil Wayne's label, Young Money Records, has run into a plethora of lawsuits in the past, including one involving copyright infringement over Wayne's song "BedRock."

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here


Amazon Music and MP3 Center

Friday, March 23, 2012

EMI Sues Cash Money Over Lil Wayne Revenue

Lil Wayne performs at Austin Music Hall in Austin, Texas. Lil Wayne performs at Austin Music Hall in Austin, Texas. Daniel Boczarski/Getty Images)

EMI has filed a lawsuit against Cash Money Records over late payments for licensed music connected to Lil Wayne's hit album Tha Carter III. According to papers filed by the label group in the United States Federal Court in the Southern District of New York, the hip-hop label owes $392,940.93 of a larger debt that they had mostly paid off in February of 2010 with a $1.5 million payment. That payment came as the result of another lawsuit pursued by EMI in late 2009.

Lil Wayne's Tha Carter III is the only Cash Money release named in EMI's lawsuit. A representative for Cash Money told Billboard yesterday that the label "has been in contact with EMI and will be resolving this amicably."

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here


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EMI Sues Cash Money Over Lil Wayne Revenue

Lil Wayne performs at Austin Music Hall in Austin, Texas. Lil Wayne performs at Austin Music Hall in Austin, Texas. Daniel Boczarski/Getty Images)

EMI has filed a lawsuit against Cash Money Records over late payments for licensed music connected to Lil Wayne's hit album Tha Carter III. According to papers filed by the label group in the United States Federal Court in the Southern District of New York, the hip-hop label owes $392,940.93 of a larger debt that they had mostly paid off in February of 2010 with a $1.5 million payment. That payment came as the result of another lawsuit pursued by EMI in late 2009.

Lil Wayne's Tha Carter III is the only Cash Money release named in EMI's lawsuit. A representative for Cash Money told Billboard yesterday that the label "has been in contact with EMI and will be resolving this amicably."

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here


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Thursday, March 22, 2012

Drake: I Did Not Promise 'Marvin's Room' Woman Money

Drake Drake performs at UNO Lakefront Arena in New Orleans, Louisiana.

Drake has responded to a lawsuit from a woman claiming royalties for his hit song "Marvin's Room," saying that he doesn't think she is owed anything for her contribution to the song. According to the rapper's official legal papers, Ericka Lee – the woman whose voice can be heard as a voicemail recording on the track – "consented to the use of her voice in the song 'Marvin's Room' for no compensation."

Drake has also denied Lee's claims that the two had a romantic relationship and that he threatened her over her complaints about not being paid for the song. A representative for Drake responded to Lee's suit last month, saying it was "entirely without merit."

According to papers filed by Lee in Los Angeles in February, she and Drake had a romantic and business relationship between early 2010 and mid-2011. Lee claims the two traded poems and lyrics over the course of their relationship and discussed collaborative projects, including the song "Marvin's Room." According to Lee, she was originally intended to record a hook for the track and perform a monologue that would frame the lyrics. Lee is seeking a co-writing credit for the song as well as undisclosed damages.

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here


Amazon MP3 Download Center

Drake: I Did Not Promise 'Marvin's Room' Woman Money

Drake Drake performs at UNO Lakefront Arena in New Orleans, Louisiana.

Drake has responded to a lawsuit from a woman claiming royalties for his hit song "Marvin's Room," saying that he doesn't think she is owed anything for her contribution to the song. According to the rapper's official legal papers, Ericka Lee – the woman whose voice can be heard as a voicemail recording on the track – "consented to the use of her voice in the song 'Marvin's Room' for no compensation."

Drake has also denied Lee's claims that the two had a romantic relationship and that he threatened her over her complaints about not being paid for the song. A representative for Drake responded to Lee's suit last month, saying it was "entirely without merit."

According to papers filed by Lee in Los Angeles in February, she and Drake had a romantic and business relationship between early 2010 and mid-2011. Lee claims the two traded poems and lyrics over the course of their relationship and discussed collaborative projects, including the song "Marvin's Room." According to Lee, she was originally intended to record a hook for the track and perform a monologue that would frame the lyrics. Lee is seeking a co-writing credit for the song as well as undisclosed damages.

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here


Amazon Music and MP3 Center

Wednesday, March 14, 2012

Fred Durst and Birdman Explain Why Limp Bizkit Signed With Cash Money

Limp Bizkit frontman, Fred Durst

Last November, Cash Money Records co-founder Bryan "Birdman" Williams received an unexpected call. On the other end of the line was Fred Durst. The Limp Bizkit frontman, Williams learned, had called to inform him that his band was interested in inking a deal with Cash Money. "I was honored, really, that he would consider making that call," says Williams, whose label boasts industry bigwigs like Lil Wayne, Nicki Minaj and Drake. "That's some shit I love to hear." Williams was quick to say "Let's do it!"

Durst, whose band had been waiting in limbo as they tried to get out of their longtime contract with Interscope Records, was thrilled with Williams' decision. Limp Bizkit, Durst says, had entertained other offers, but Cash Money was where the singer, 41, had always hoped they would land.  "My goal was Cash Money," Durst says matter-of-factly. "These are good people. They're really smart and they're really loyal and they're married to the game, for real. I love it!"

On first glance, the marriage between Limp Bizkit – a band most famous for bringing the word "nookie" into the mainstream lexicon, and also, some would say, well past their prime – and Cash Money, one of hip-hop's premier labels, seems a bit odd. This fact is not lost on Durst. However the frontman, who says he's "always been a b-boy", feels this partnership can help take him and his band's music to new, wildly unexpected places. "We've always kind of had this urban element," Durst says, citing the band's 2000 hit "Rollin" as evidence. "But (Cash Money) have empowered me. They've given me the freedom to do what I do and want to do." Durst says, more than anything, he can now take his, and his band’s career, in any direction he sees fit. "(This signing) might bring out the heaviest Limp Bizkit stuff to date," Durst says, quick to add that he comparatively also might "finally be on some super sick hip-hop tracks and work with some great hip-hop producers and different artists."

Ever since Lil Wayne, who Durst instantly bonded with over their mutual love of skateboarding ("We first met right on the ramp and we had an amazing skate session, that was it," Durst says of his first encounter with the platinum rapper) first revealed Cash Money's signing of Limp Bizkit last month, the public’s reaction has ranged from confused to abhorred. But Williams is quick to downplay any regret whatsoever over the signing. "Everybody gonna have their opinion, but we don't' even listen to that," he says. "We been through this long enough not to pay attention to the negativity. We're just gonna let the music speak for itself." Durst concurs. "People don't understand when they hear it," he says. They think 'Oh, Limp Bizkit signed with Cash Money? They’re gonna go make some Birdman and Lil Wayne songs that sound like that?’" Rather, he says Limp Bizkit and Cash Money are going to feed off one another to make the best music possible. "They like what I do. I love what they do," Durst says. And if Limp Bizkit's first Cash Money offering, the Polow Da Don-produced collaboration with Lil Wayne "Ready To Go," that’s set to be released any day, is an indication of the direction they’re headed, Limp Bizkit may start yielding some bizarrely intriguing results.

Williams also sees Limp Bizkit as the first step in Cash Money's expansion into rock; while Lil Wayne swung and missed in his attempt at rock with 2010's perplexing Rebirth, Williams sees Durst as a key player in the label's foray into the genre." I want [Fred] to come in and be not just an artist, but a role player with everything that he brings to the table," Williams says, adding that he hopes the singer can take a leadership role, potentially even helping bring in some other rock talent to Cash Money. "I feel like that's a natural step for me," Durst says of taking on an A&R-style role with his new label. "I'm always looking for new talent."

Durst, who just returned from an Australian tour with Limp Bizkit, says the band plans to soon hole up in the studio and knock out the follow-up to last year's Gold Cobra with the sequel to 2005's The Unquestionable Truth (Part 1). They’ll also be working on crafting more singles in the vein of "Ready To Go." But whatever Durst chooses to do, he can be confident that Williams is going to lend him support. "We're gonna do everything in our power to make [Limp Bizkit] as big as possible," Williams says.

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here


Amazon Music and MP3 Center

K. Flay on Money, Education and Why She's Okay With Having No Street Cred

Click to listen to Danny Brown's 'She Wanna Party All The Time (K. Flay Remix)'

Contrary to her verse in "Free N Easy," K.Flay did not spend her trust fund just on coffee. That’s because the 26-year-old rapper and producer didn’t inherit any trust fund. "It was more just commentary on all these people who have no idea what to do with their money," she told Rolling Stone.

K. Flay didn’t set out to be a rapper. She started making music as an enjoyable extracurricular during her sophomore year at Stanford University. She now has a catalog that consists of a mixtape of mash-ups, an EP she wrote and produced in a basement, another three-volume mixtape and the just-released EP, Eyes Shut. K. Flay’s prolific, self-propelled efforts nabbed her a recording contract with RCA. Her debut album is expected sometime this summer.

"We Hate Everyone," the first single off Eyes Shut, was co-produced by The Prodigy’s Liam Howlett, and it’s this type of collaboration, unusual in rap, that epitomizes K. Flay’s indie style. Jamming in drums and guitar on top of bass-happy beats, her music is ultimately more indie electronic than hip-hop.

But even with all these loud layers, there is no overshadowing K. Flay’s quick fire rhymes, loaded with clever wordplay about suburban discontent and delivered in 20-something, angst-smeared smug. It’s this unique sonic concoction that explains why the rapper has been asked to open for such diverse artists as Snoop Dogg, Passion Pit and fellow genre-bender Theophilus London.

Although she lacks the trust fund to prove it, K. Flay (born Kristine Flaherty) grew up in an affluent suburb of Chicago and received two diplomas while at Stanford (psychology and sociology). Yes, K. Flay has absolutely zero street cred. But what may seem like a detriment for any up-and-coming rapper is not a chip on her shoulder. For it’s K. Flay’s brainy quirks, her angry girl-next-door delivery, her rebel chick charm that has propelled her forward.

But if comparisons can’t be avoided, K. Flay is more of an honorary Beastie Girl. Her remix of the Beastie Boys’ "Don’t Play No Game That I Can’t Win" featured guest vocals by Santigold.

K. Flay’s new career track makes her dual college degree almost futile, but she still advised against dropping out of college.

"A college degree is not essential," she said, "but if you’re already in college and if it’s at all possible, you should definitely try to finish. In college you have a very supportive community right there, and it can give you opportunities to try out new things."

What K. Flay does take from traditional rap roots is the autobiographical sentiments in her lyrics. Though happy-go-lucky in person, K. Flay’s songs reveal a more complex artist frustrated with youth apathy and parental disapproval.

"It’s very introspective," K. Flay said. "But I don’t know if it’s that dark. It’s all stuff that I’ve gone through, or stuff my friends have gone through. We all seem to be ok now."

Never tongue-tied, K. Flay does stick her tongue in her cheek sometimes. She raps about silly things, too, like an Elle Fanning poster her roommate had when she lived in San Francisco. And as for the veracity behind partying with "the old-school cast of Felicity" – a verse in "Party," her smart men’s Ke$ha ode to debauchery? "That is still an unfulfilled dream of mine," she confessed.

Speaking of partying, listen to the above exclusive K. Flay remix of "Party All the Time" by Fool’s Gold artist Danny Brown.

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here


Amazon Music and MP3 Center

Fred Durst and Birdman Explain Why Limp Bizkit Signed With Cash Money

Limp Bizkit frontman, Fred Durst

Last November, Cash Money Records co-founder Bryan "Birdman" Williams received an unexpected call. On the other end of the line was Fred Durst. The Limp Bizkit frontman, Williams learned, had called to inform him that his band was interested in inking a deal with Cash Money. "I was honored, really, that he would consider making that call," says Williams, whose label boasts industry bigwigs like Lil Wayne, Nicki Minaj and Drake. "That's some shit I love to hear." Williams was quick to say "Let's do it!"

Durst, whose band had been waiting in limbo as they tried to get out of their longtime contract with Interscope Records, was thrilled with Williams' decision. Limp Bizkit, Durst says, had entertained other offers, but Cash Money was where the singer, 41, had always hoped they would land.  "My goal was Cash Money," Durst says matter-of-factly. "These are good people. They're really smart and they're really loyal and they're married to the game, for real. I love it!"

On first glance, the marriage between Limp Bizkit – a band most famous for bringing the word "nookie" into the mainstream lexicon, and also, some would say, well past their prime – and Cash Money, one of hip-hop's premier labels, seems a bit odd. This fact is not lost on Durst. However the frontman, who says he's "always been a b-boy", feels this partnership can help take him and his band's music to new, wildly unexpected places. "We've always kind of had this urban element," Durst says, citing the band's 2000 hit "Rollin" as evidence. "But (Cash Money) have empowered me. They've given me the freedom to do what I do and want to do." Durst says, more than anything, he can now take his, and his band’s career, in any direction he sees fit. "(This signing) might bring out the heaviest Limp Bizkit stuff to date," Durst says, quick to add that he comparatively also might "finally be on some super sick hip-hop tracks and work with some great hip-hop producers and different artists."

Ever since Lil Wayne, who Durst instantly bonded with over their mutual love of skateboarding ("We first met right on the ramp and we had an amazing skate session, that was it," Durst says of his first encounter with the platinum rapper) first revealed Cash Money's signing of Limp Bizkit last month, the public’s reaction has ranged from confused to abhorred. But Williams is quick to downplay any regret whatsoever over the signing. "Everybody gonna have their opinion, but we don't' even listen to that," he says. "We been through this long enough not to pay attention to the negativity. We're just gonna let the music speak for itself." Durst concurs. "People don't understand when they hear it," he says. They think 'Oh, Limp Bizkit signed with Cash Money? They’re gonna go make some Birdman and Lil Wayne songs that sound like that?’" Rather, he says Limp Bizkit and Cash Money are going to feed off one another to make the best music possible. "They like what I do. I love what they do," Durst says. And if Limp Bizkit's first Cash Money offering, the Polow Da Don-produced collaboration with Lil Wayne "Ready To Go," that’s set to be released any day, is an indication of the direction they’re headed, Limp Bizkit may start yielding some bizarrely intriguing results.

Williams also sees Limp Bizkit as the first step in Cash Money's expansion into rock; while Lil Wayne swung and missed in his attempt at rock with 2010's perplexing Rebirth, Williams sees Durst as a key player in the label's foray into the genre." I want [Fred] to come in and be not just an artist, but a role player with everything that he brings to the table," Williams says, adding that he hopes the singer can take a leadership role, potentially even helping bring in some other rock talent to Cash Money. "I feel like that's a natural step for me," Durst says of taking on an A&R-style role with his new label. "I'm always looking for new talent."

Durst, who just returned from an Australian tour with Limp Bizkit, says the band plans to soon hole up in the studio and knock out the follow-up to last year's Gold Cobra with the sequel to 2005's The Unquestionable Truth (Part 1). They’ll also be working on crafting more singles in the vein of "Ready To Go." But whatever Durst chooses to do, he can be confident that Williams is going to lend him support. "We're gonna do everything in our power to make [Limp Bizkit] as big as possible," Williams says.

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here


Amazon MP3 Download Center

Tuesday, March 13, 2012

K. Flay on Money, Education and Why She's Okay With Having No Street Cred

Click to listen to Danny Brown's 'She Wanna Party All The Time (K. Flay Remix)'

Contrary to her verse in "Free N Easy," K.Flay did not spend her trust fund just on coffee. That’s because the 26-year-old rapper and producer didn’t inherit any trust fund. "It was more just commentary on all these people who have no idea what to do with their money," she told Rolling Stone.

K. Flay didn’t set out to be a rapper. She started making music as an enjoyable extracurricular during her sophomore year at Stanford University. She now has a catalog that consists of a mixtape of mash-ups, an EP she wrote and produced in a basement, another three-volume mixtape and the just-released EP, Eyes Shut. K. Flay’s prolific, self-propelled efforts nabbed her a recording contract with RCA. Her debut album is expected sometime this summer.

"We Hate Everyone," the first single off Eyes Shut, was co-produced by The Prodigy’s Liam Howlett, and it’s this type of collaboration, unusual in rap, that epitomizes K. Flay’s indie style. Jamming in drums and guitar on top of bass-happy beats, her music is ultimately more indie electronic than hip-hop.

But even with all these loud layers, there is no overshadowing K. Flay’s quick fire rhymes, loaded with clever wordplay about suburban discontent and delivered in 20-something, angst-smeared smug. It’s this unique sonic concoction that explains why the rapper has been asked to open for such diverse artists as Snoop Dogg, Passion Pit and fellow genre-bender Theophilus London.

Although she lacks the trust fund to prove it, K. Flay (born Kristine Flaherty) grew up in an affluent suburb of Chicago and received two diplomas while at Stanford (psychology and sociology). Yes, K. Flay has absolutely zero street cred. But what may seem like a detriment for any up-and-coming rapper is not a chip on her shoulder. For it’s K. Flay’s brainy quirks, her angry girl-next-door delivery, her rebel chick charm that has propelled her forward.

But if comparisons can’t be avoided, K. Flay is more of an honorary Beastie Girl. Her remix of the Beastie Boys’ "Don’t Play No Game That I Can’t Win" featured guest vocals by Santigold.

K. Flay’s new career track makes her dual college degree almost futile, but she still advised against dropping out of college.

"A college degree is not essential," she said, "but if you’re already in college and if it’s at all possible, you should definitely try to finish. In college you have a very supportive community right there, and it can give you opportunities to try out new things."

What K. Flay does take from traditional rap roots is the autobiographical sentiments in her lyrics. Though happy-go-lucky in person, K. Flay’s songs reveal a more complex artist frustrated with youth apathy and parental disapproval.

"It’s very introspective," K. Flay said. "But I don’t know if it’s that dark. It’s all stuff that I’ve gone through, or stuff my friends have gone through. We all seem to be ok now."

Never tongue-tied, K. Flay does stick her tongue in her cheek sometimes. She raps about silly things, too, like an Elle Fanning poster her roommate had when she lived in San Francisco. And as for the veracity behind partying with "the old-school cast of Felicity" – a verse in "Party," her smart men’s Ke$ha ode to debauchery? "That is still an unfulfilled dream of mine," she confessed.

Speaking of partying, listen to the above exclusive K. Flay remix of "Party All the Time" by Fool’s Gold artist Danny Brown.

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here


Amazon MP3 Download Center

Tuesday, February 28, 2012

Lil Wayne: Cash Money Signs Limp Bizkit

Fred Durst of Limp Bizkit performs at Verizon Wireless Amphitheater in Irvine, California.

Lil Wayne says Cash Money has signed rap-rockers Limp Bizkit. During a phone call with New York's 98.7 KissFM Thursday night, the rapper revealed the label is on a spending spree – they're reportedly on the verge of inking Ashanti, too – following recent success with acts including Drake and Nicki Minaj.

Limp Bizkit frontman Fred Durst later confirmed the signing with a series of tweets ("The game is missing danger, electricity and rock n roll!!!! Cash Money Limp Bizkit").

The band's most recent album, Gold Cobra, a reunion with guitarist Wes Borland, peaked last year at Number 16 on the Billboard chart.

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here


Amazon Music and MP3 Center

Monday, February 27, 2012

Lil Wayne: Cash Money Signs Limp Bizkit

Fred Durst of Limp Bizkit performs at Verizon Wireless Amphitheater in Irvine, California.

Lil Wayne says Cash Money has signed rap-rockers Limp Bizkit. During a phone call with New York's 98.7 KissFM Thursday night, the rapper revealed the label is on a spending spree – they're reportedly on the verge of inking Ashanti, too – following recent success with acts including Drake and Nicki Minaj.

Limp Bizkit frontman Fred Durst later confirmed the signing with a series of tweets ("The game is missing danger, electricity and rock n roll!!!! Cash Money Limp Bizkit").

The band's most recent album, Gold Cobra, a reunion with guitarist Wes Borland, peaked last year at Number 16 on the Billboard chart.

To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here


Amazon MP3 Download Center

 
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