Friday 2 May 2014

GIST****Young Money Records Dragged To Court For Fraud!

 

This is surely for music lovers......The famous and powerful Young Money Entertainment and Cash Money Records are involved in a current lawsuit for been the evil bosses!
A teen boy rap group named W3 The Future is claiming the label brutally dumped them after making no good of their contract.
The group's production company Grassroots Productions sued Young Money Entertainment and Cash Money Records, claiming it signed a record deal last May in which Cash Money promised $600,000 to cover both the group's advance, as well as the recording budget for their first album.

Grassroots claims YME and CMR actually paid the initial recording fees but in the end, failed to pay the bulk of the $600,000 even after W3 The Future delivered their album months later as promised.

Grassroots says CMR simply told them, "Cash Money is not moving forward with this project." And that was that! They are now suing the label for damages. Looks like W3 The Future won't have any 'future' with Lil Wayne and Birdman's team no more!

****Peeps what do you think

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