CASH MONEY RECORDS RE-SIGNS LIL' WAYNE TO MULTI-ALBUM DEAL....
Rap superstar Lil Wayne proved to
be "A Milli"-onaire when his Cash Money Records album, Tha Carter III, sold
one million copies in a single week on its release in June, with a current
total of more than 2.4 million, making it 2008's best-selling record.
Now, Lil Wayne is poised to become a multi-millionaire as he re-signs
with the only label he's ever known, the New Orleans-based Cash Money
Records, the groundbreaking company founded by brothers Ronald "Slim"
Williams and Bryan "Baby" Williams 16 years ago out of the city's New
Orleans housing projects.
Lil Wayne has literally grown up as a Cash Money artist, from the time
he was a young teenager and part of the legendary hip-hop group Hot Boys
with fellow label artists B.G., Juvenile and Turk. He is credited with
introducing the term, "bling," into the rap vernacular in the Big Tymers'
1998 track, "Millionaire Dream." He went on to score platinum albums with
Tha Block Is Hot as well as the first two installments of Tha Carter
trilogy.
"We were introduced to him when he was just a little, little kid,"
recalls Slim. "He told us he wanted to be a rapper. He just called us every
day, and at one point, even came to live with us. He just outworked
everybody. He had that drive to succeed."
Added Baby: "Working with our son, Lil Wayne, throughout the many years
has helped us build Cash Money into the empire it is today. Cash Money is a
family and Lil' Wayne has been part of our family since day one."
And now the partnership between Cash Money and Lil Wayne will continue,
with a multi-album pact that takes them into the future together.
"Tha Carter III is just the tip of the iceberg with Lil Wayne,"
continues Slim. "The best is yet to come."
Since its historic deal with Universal Music Group in 1998, which
guaranteed Cash Money all revenues from record sales and music publishing,
as well as ownership of its masters, the label has been distributed by
Universal Motown Records Group.
And with Lil Wayne still in the fold, that should promise even more
success to come.
be "A Milli"-onaire when his Cash Money Records album, Tha Carter III, sold
one million copies in a single week on its release in June, with a current
total of more than 2.4 million, making it 2008's best-selling record.
Now, Lil Wayne is poised to become a multi-millionaire as he re-signs
with the only label he's ever known, the New Orleans-based Cash Money
Records, the groundbreaking company founded by brothers Ronald "Slim"
Williams and Bryan "Baby" Williams 16 years ago out of the city's New
Orleans housing projects.
Lil Wayne has literally grown up as a Cash Money artist, from the time
he was a young teenager and part of the legendary hip-hop group Hot Boys
with fellow label artists B.G., Juvenile and Turk. He is credited with
introducing the term, "bling," into the rap vernacular in the Big Tymers'
1998 track, "Millionaire Dream." He went on to score platinum albums with
Tha Block Is Hot as well as the first two installments of Tha Carter
trilogy.
"We were introduced to him when he was just a little, little kid,"
recalls Slim. "He told us he wanted to be a rapper. He just called us every
day, and at one point, even came to live with us. He just outworked
everybody. He had that drive to succeed."
Added Baby: "Working with our son, Lil Wayne, throughout the many years
has helped us build Cash Money into the empire it is today. Cash Money is a
family and Lil' Wayne has been part of our family since day one."
And now the partnership between Cash Money and Lil Wayne will continue,
with a multi-album pact that takes them into the future together.
"Tha Carter III is just the tip of the iceberg with Lil Wayne,"
continues Slim. "The best is yet to come."
Since its historic deal with Universal Music Group in 1998, which
guaranteed Cash Money all revenues from record sales and music publishing,
as well as ownership of its masters, the label has been distributed by
Universal Motown Records Group.
And with Lil Wayne still in the fold, that should promise even more
success to come.
