In early December, 2014, Carter delivered to Cash Money the sound recordings comprising the second of the solo albums, entitled Tha Carter V, provided for by the 2012 Amendment. Although obligated to pay Carter Eight Million Dollars ($8,000,000.00) at the commencement of the recording of Tha Carter V and Two Million Dollars($2,000,000.00) upon delivery of the album, Cash Money breached the 1998 Recording Agreement as amended specifically by the 2012 Amendment, by failing to pay Carter the Eight Million Dollar ($8,000,000.00) payment upon commencement of the recording and paying Carter only Two Million Dollars ($2,000,000.00) over the course of the recording of Tha Carter V. Moreover, Cash Money has refused to pay Carter the Two Million Dollars ($2,000,000.00) due upon delivery of Tha Carter V to Cash Money. Cash Money has refused to pay Carter the balance of Eight Million Dollars ($8,000,000.00) due Carter in respect of Tha Carter V, despite due demand therefore by Carter.
According to TMZ, in addition to demanding $8 million from Birdman for owed production costs for his latest release, Weezy is planning to take legal action to ensure that all of his original Young Money Entertainment artists remain under his umbrella. In addition to Drizzy and Nicki, Wayne has signed the likes of Christina Milian, Lil Twist, and label president/rapper Mack Maine
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