Lil Wayne is not letting his legal drama go. Instead of concentrating on Cash Money and Birdman, Wayne is now suing Cash Money/ Young Money music distributor, Universal Music Group, for unpaid royalties.
Even though it seems like Lil Wayne and Birdman have settled their personal beef outside of court, appearing in songs and events together. Lil Wayne is still looking for his unpaid royalty money. According to The Hollywood Reporter, Wayne is claiming that Universal is taking profits from his Young Money label and keeping them to recoup an advance they paid Cash Money. The complaint states:
With Universal’s knowledge of Lil Wayne’s rights to partial ownership and profits from those artists, Universal and Cash Money entered into a series of agreements which, among other things, diverted Lil Wayne’s substantial profits to repay debts of Cash Money. As a result, 100% of the profits that should have been paid to Lil Wayne as a result of his ownership of Drake, Nicki Minaj and Tyga records have been seized by Universal to repay debts that were neither incurred by nor were the obligations of Lil Wayne.
Universal denies these allegations and refuses to comment in public about the matter any further than saying they will fight these complaints in court. Lil Wayne still has not settled his lawsuit with Cash Money so they’re not completely off the hook, but somebody is going to have to be responsible for what Wayne feels is money owed to his label Young Money.
Hopefully all of this legal drama ends and we’ll get a Lil Wayne album.
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Source: Hollywood Reporter