Lil Wayne has had an extremely challenging first half of the year. Starting with his beef with Birdman, it has led to various lawsuits by both against each other. The rapper got into an altercation with the Cash Money Records co-founder due to the delayed release of an album. The long awaited record was supposed to be released by late last year.
In regards to the album, Wayne announced to his fans that the Cash Money record label was not delaying, but refusing to release the album dubbed Tha Carter V. The following is a transcript of the statement on Twitter as reported by the LA Times.
“To all my fans, I want u to know that my album won’t and hasn’t been released bekuz Baby & Cash Money Rec. refuse to release it. I want off this label and nothing to do with these people but unfortunately it ain’t that easy.”
Lil Wayne also offered his apologies for the difficult situation, saying that he and his creativity were being held captive.
“I am a prisoner and so is my creativity. Again, I am truly sorry and I don’t blame ya if ya fed up with waiting 4 me & this album. But thk u.”
He later on in January decided to sue the stable for a reported $51 million. The following was the wording on the suit as cited by Page Six.
“Cash Money has not provided Carter with any contractual or statutory basis for failing to pay the balance of the advance for ‘Tha Carter V’ and has given no assurances that it will not similarly refuse to pay Carter … advances due to him for two other albums he’s contracted to record, “
That said, Weezy recently released an album called Free Weezy through Tidal, a music streaming site founded by Jay Z and co-owned by numerous artists including Wayne, Beyonce and Alicia Keys. However, the Cash Money music label owned by Birdman recently sued Tidal for a reported $50 million for handling Wayne’s songs. Apparently, Weezy had signed an exclusive recording contract with Birdman dating back to 1998, and by broadcasting his songs through another channel, he had violated the terms.
Presently, David Banner, a music producer, is suing Lil Wayne’s Young Money records for royalties allegedly totaling $138,787.19 and another $15,000 for the production of the We Are Young Money, 2009 album compilation. This is according to BET.
[Photo by Kevin Winter/Getty Images for BET]