In 2017, Aspire Music Group, co-founded by Lil Wayne’s manager Cortez Bryant, sued Cash Money Records and Universal Music accusing them of holding out on royalties owed from Drake’s music catalog.
In the new suit, Birdman is reportedly counter-suing Aspire Music Group.
According to The Blast, the court documents state that Aspire Music Group was, “simply a shell company” and that, “There was no business purpose to forming Aspire, other than to siphon profits out of the joint venture and to divert those profits to Sweeney, Bryant, and Carter/ Young Money. Aspire never conducted any business other than getting Drake signed to a record label. Aspire has never signed, nor sought to sign, a single additional artist.”
Cash Money is demanding Aspire’s lawsuit against them be dismissed, reports The Blast.
READ MORE STORIES ON BLACKAMERICAWEB.COM:
- Simone Biles Prioritizes Her Mental Health By Withdrawing From Team USA’s Final Competition In The Tokyo Olympics
- Adele And Rich Paul Confirm Rumors Of Relationship With Public PDA
- Minneapolis Voters To Decide If City Will Reimagine Public Safety
SIGN UP FOR OUR NEWSLETTER: