What is the difference between Cash Money and Young Money?
Cash Money Records is the label that Lil Wayne blew up on and is
still apart of, Young Money is the label that Lil Wayne created on
his own and picked all the artists signed to it.
Cash Money Records:
The label's first artist Kilo-G released The Sleepwalker in
1992. Over the next 4 years Cash Money played host to a number of
local releases by artists such as Pimp Daddy, U.N.L.V., Ms. Tee,
Mr. Ivan, Lil' Slim, B.G., among others, selling hundreds of
thousands of albums without ever releasing a music video or having
a Billboard hit.[citation needed] Cash Money's big break came in
1997 when the label's most popular artists, the Hot Boys, B.G. and
Juvenile in particular, caught the attention of Universal Records
executives. Juvenile's Cash Money release Solja Rags sold 200,000
copies independently. In 1998, co-CEOs Ronald "Slim" Williams and
Brian "Baby" Williams signed a US$30 million pressing and
distribution contract with Universal Records, entitling the label
to 85% of its royalties, 50% of its publishing revenues and
ownership of all masters.
Between 1998 and 2001, Cash Money churned out 19 Top Five
Billboard singles and 11 platinum and multi-platinum albums, almost
all of which were supervised by in-house producer Mannie
Fresh.[citation needed] Controversy arose when two of the Hot Boys
left the label claiming financial mismanagement by "Birdman"
Williams. The first artist to leave was B.G., who claimed he had
never received a royalty check for any album released before 2003,
an amount that would exceed 3 million dollars. The second to leave
was Juvenile, who claimed he had only received half of the tour
money he had accumulated over 4 years, and did not receive proper
payment for his quadruple platinum album, 400 Degreez. The artist
filed three simultaneous lawsuits, asking for more than $5 million
in damages. The lawsuits were dismissed, however, for lack of
evidence.
The departure of Cash Money's two biggest stars did not seem to
affect the performance of the Hip hop company. Between 2001 and
2003, the label sold 7 million albums, and the song "Still Fly" by
the Big Tymers (Williams and Mannie Fresh) was nominated for two
Grammy awards. In April 2003, Juvenile returned to the label for a
reported $4 million deal, and in return, he signed over the rights
to Juve The Great, an album which would go on to sell over a
million copies.
Former Hot Boy member Lil Wayne was named president of Cash
Money Records and CEO of Young Money Entertainment, giving the
rapper full creative control over all releases under the two
labels. Later in 2007, Lil Wayne stepped down as president to focus
on his career, especially Tha Carter III.
Artists:
Lil Wayne
Birdman
Glasses Malone
Brisco
Yo Gotti
All Star Cashville Prince
Mack 10
Stack$
Teena Marie
Kevin Rudolf
Young Money Records:
Young Money Entertainment is an American record label founded by
New Orleans rapper Lil Wayne. The label is an imprint of Cash Money
Records, of which Lil Wayne was not only the president, but also a
client, and is distributed by Universal Records.
Artists:
Lil Wayne
Tyga
Jae Millz
Drake
Nicki Minaj
Mack Maine
T-Streets
Lil Chuckee
