Will Diddy And Jay-Z Be First Hip-Hop Billionaires? Not So, Says Birdman

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In the high stakes battle for Hip Hop superiority, it appears that the two top money earners in the rap game – ShawnJay-ZCarter and SeanDiddyCombs respectively – are in a quiet duel to become the first billionaires by way of their shared industry.

With various streams of revenue flowing for both savvy businessmen, some unrelated to music, the potential is vast for both men according to a recent analysis from Forbes magazine. However, another Hip Hop mogul believes he and his team will eclipse Jay-Z and Diddy in the money race all in due time.

CEO of Cash Money Records BrianBirdmanWilliams threw his and protégé Lil Wayne’s Young Money imprint names into the billionaire sweepstakes pot, defiantly stating that the YMCMB machine is well on its way to the top. “I think Young Money Cash Money would be the first billion-dollar brand in hip-hop,” said Birdman plainly in an email to Forbes referencing his label ventures. “We strong and growing every day as a brand and fast. Within the next few years we will be billionaires.”


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According to Forbes numbers, Diddy is at the halfway mark with an estimated net worth of $500 million, much of that tied up in Diddy’s business ventures such as his Sean John and Enyce clothing lines along with his stake in Ciroc vodka. Jay-Z is right behind his rich pal with assets that include a lucrative $10 million dollar Live Nation deal, the 40/40 club chain, cosmetic company Carol’s Daughter and his partial ownership of the New Jersey (soon to be Brooklyn) Nets amongst other deals. Continuing the dollar tally, only Dr. Dre and 50 Cent are within range for the coveted billionaire status.

Exclusive: Lil Wayne, Birdman Hit With Third Lawsuit In One Week

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Rappers Lil Wayne and Bryan “Birdman” Willams have been hit with their third lawsuit this week, as music publishing company to Bridgeport Music filed a lawsuit against the pair yesterday (June 10th).

Bridgeport Music filed the lawsuit against Cash Money Records in the Central District of California Western division yesterday.

The copyright infringement lawsuit claims Birdman illegally sampled the song “You and Your Folks, Me and My Folks,” a tune by Funkadelic off their classic 1971 album Maggot Brain.

The pair allegedly illegally used the sample on the track “Army Gunz,” taken from Birdman’s 2006 album Like Father, Like Son.

Bridgeport’s action is the third lawsuit brought against Lil Wayne, Cash Money and Young Money this week alone.


On June 9th producers Play-N-Skillz sued Lil Wayne for $1 million over unpaid royalties related to the track “Got Money” from his hit album Tha Carter III.

Last Friday (June 3rd), Lil Wayne was hit with a $1.5 million dollar lawsuit by producer David Kirkwood, who claims he’s owed unpaid royalties from Lil Wayne’s label Young Money, as well as Cash Money Records.

In March, Lil Wayne was sued for $20 million by producer Darius “Deezle” Harrison over unpaid royalties for his work while Tha Carter III.

Producer Bangladesh also sued over Tha Carter III, seeking his portion of royalties for his production work on the album.

Lil Wayne is currently preparing for the release of Tha Carter IV, which will be released in August.

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Rihanna Reveals Details About Nicki Minaj Collaboration

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Posted: Tuesday – November 9, 2010

Recently, pop princess Rihanna sat down with MTV News to discuss her work with breakthrough female emcee Nicki Minaj, who’s much hyped-over debut album Pink Friday hits stores on November 23. According to Rihanna, the female-only collaboration occurred not once but twice — first on her 2009 album Rated R and again on her latest effort Loud, which also hits stores later this month.

“We did work together on music for [Loud] as well as [for] Rated R. It was the end of the album, but she was sending me these incredible songs,” Rihanna told MTV News of her work with Minaj.

“I wanted some up-tempo stuff from her that was kind of gangsta, but she sent me these ballads and they were beautiful and I couldn’t believe that it was a female MC writing these songs. She’s really talented and I want to work with her again.”

Currently, Minaj appears on Raining Men, a single that was recently leaked off Loud and features the self-proclaimed Black Barbie rapping in an adopted Caribbean accent. As for Rihanna’s work on Minaj’s Pink Friday, the Barbados-born beauty kept mum about the details.

“We also worked together on her album. I can’t say…actually, the reason I can’t tell you is because I don’t know the official title of the song. It might be Too Fly, I’m not sure if that’s the confirmed [title],” the pop star said. However, following the interview MTV confirmed that the track is simply called Fly.

Currently, Loud, which is scheduled for release on November 16, already has two popular singles to its name — Only Girl (In the World) and What’s My Name.

In a previous interview with MTV, Rihanna also confirmed that the new album will be much more upbeat than Rated R. “A lot has, I won’t say changed, but a lot has evolved since then,” she said. “A lot of growing up, a lot of responsibility in terms of taking control of my business and stuff like that.”

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Lil Wayne Released From Prison

Posted: Friday – November 5, 2010

Contrary to prior published reports, rapper Lil Wayne has officially been released from Rikers Island.

Earlier published reports stated that the rapper’s release had been delayed by one day, but this is not the case.

Lil Wayne was released from Rikers Island today (November 4th), after serving eight months in prison for a gun possession charge in July of 2007.

Around 8:35AM, representatives confirmed that Lil Wayne was officially released earlier this morning.

Contrary to prior published reports, rapper Lil Wayne has officially been released from Rikers Island.

Earlier published reports stated that the rapper’s release had been delayed by one day, but this is not the case.

According to Young Money Records‘ president Mack Maine, Lil Wayne will head to Miami for a “welcome home” party at a strip club.

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Exclusive: BET Denounces Lil Wayne Performance, Drake Apologizes

Posted: Friday – July 3, 2009

BET has expressed remorse over a performance by Lil Wayne, Drake and Young Money Records that involved underage girls during songs “Best I Ever Had” and “Every Girl.”

The songs, which have overt sexual references, were performed during the Sunday BET Awards ’09 show as a bevy of young girls danced on stage. The group of girls consisted of Lil Wayne’s daughters and her friends.

In an exclusive statement, BET has responded to the criticism and the public outcry over the segment.

BET Networks deeply regrets the performance by Young Money at the BET AWARDS ’09 (featuring Lil Wayne, Drake, Gudda Gudda and Mack Maine),” a BET representative told AllHipHop.com exclusively. “Elements of the performance were unplanned and should not have happened.”

In the aftermath of the show, many have expressed outrage over the outing by Young Money, which was set amid a show dedicated to the late Michael Jackson.

Activist and filmmaker Byron Hurt lambasted the network earlier in the week in an open letter to Debra Lee, the President and Chief Executive Officer of BET Holdings, Inc.

“In a culture where one out of four girls and women are either raped or sexually assaulted – and where manipulative men routinely traffic vulnerable women into the sex industry – it is not okay that BET allowed this to happen,” Hurt said. “BET owes its entire audience – particularly girls and women around the world – an apology for its failure to intervene.”

A representative said generally the company has found such opinions useful.

“We value and appreciate the feedback from our viewers and have edited Young Money’s performance for all BET Awards ’09 encore presentations.”

Drake has apologized and taken responsibility for the performance, admitting it was in poor taste.

“That…was a terrible idea that I’ll never do to myself again. But I was being pressed from different areas to perform, and I think what really happened at the BET Awards is with the passing of Mike, the climate really changed, as far as the award show goes,” he told Complex. “I don’t think it called for us to perform “Every Girl” and “Always Strapped,” and I think it was an award show filled with tributes and music and these genuine heartfelt speeches. And to sort of climax out of a very tongue-n-cheek point, and then people misconstruing Wayne’s daughters and her friends coming out on stage — it was just timed very poorly and it definitely wasn’t planned like that, but with that being said, it is what is. I believe in Wayne and myself and it’s nothing we can’t bounce back from. To anyone who was offended, my personal apologies, it wasn’t intended to offend anybody.”

An edited version of the show will re-air on Monday July 6. The BET Awards saw a 61-percent increase in viewers this year fueled by the sudden death of Michael Jackson. Ten percent of all turned on television sets watched the show Sunday, a remarkably high number.

Source: Allhiphop.com

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