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Could the end be near for Young Money Records?
For the past two years, once great friends Lil’ Wayne and Birdman have been in the middle of a huge beef. Those issues might cause the end of the biggest record labels on the late 2000’s.
According to The Blast, Weezy might put an end to Young Money Records after filing documents to dissolve the label and end its relationship with Birdman’s Cash Money Records.
Wayne filed documents demanding that the court either “appoint a receiver to supervise the operations of Young Money Label joint venture or order the termination of Young Money Label joint venture and appoint a liquidator.”
Weezy originally sued Birdman’s Cash Money Records, claiming the music exec owed him tens of millions of dollars, including an $8 million advance for “Tha Carter V.”
Birdman has already responded to the demand, claiming Wayne has no right to shut down the label while the rapper is still under contract with the company.
What will happen to the rest of the roster? What does it mean for the future of Lil’ Wayne?
We have yet to hear from Lil’ Wayne and Birdman publicly on the matter.