Why is Drake on Cash Money?

“Aspire claims that in 2008, it signed an exclusive recording agreement with Drake, then entered into an agreement in June 2009 with Cash Money Records that would allow Drake to record for the label in exchange for one-third of the net profits of his first six albums and one-third of the copyrights of his master ...

Is Drake signed to a 360 deal?

According to Variety, Drake's $400 million Universal deal — called “Lebron-sized” because of the sheer magnitude of both its value and its scope — encompasses “recordings, publishing, merchandise, and visual media projects.” Put simply, it's a 360 deal on steroids.

Is Nicki Minaj still signed to Cash Money Records?

Nicki Minaj is currently signed to Republic Records. She has previously been signed to Young Money Entertainment, Cash Money Records, Universal Motown, and Last King Records.

Is Drake still under Cash Money?

Cash Money Records is an American record label founded in 1991 by brothers Ronald "Slim" Williams and Bryan "Birdman" Williams. Distributed by Republic Records (formerly known as Universal Republic), the label has been home to a roster of mostly hip hop artists, including Lil Wayne, Drake, and Nicki Minaj.

Does Drake own his masters?

Does Drake own his masters? Drake revealed on Certified Lover Boy, that was released on his OVO Music label in partnership with Republic Records, that he now owns his masters.

Drake talks about his current label situation + Lil wayne birdman

Who owns Drake?

OVO Sound (also known simply as OVO) is a Canadian independent record label, founded in 2012 by hip hop artist Drake, producer 40, and Oliver El-Khatib. Between 2012 to 2022, it operated as a subsidiary of Warner Records and was distributed by Republic Records, a division of Universal Music Group.

What artists don't own their masters?

Over the past year, several musicians have made noise by either selling off or intentionally devaluing their master recordings. Bruce Springsteen, Tina Turner, Stevie Nicks and Neil Young are some of the biggest artists who made headlines for selling off their musical catalogs.

How did Drake get out of cash money?

“Aspire claims that in 2008, it signed an exclusive recording agreement with Drake, then entered into an agreement in June 2009 with Cash Money Records that would allow Drake to record for the label in exchange for one-third of the net profits of his first six albums and one-third of the copyrights of his master ...

Who is suing Drake and why?

Drake and 21 Savage are being sued by Vogue's publisher over claims they used the brand name to promote their new album, Her Loss, without permission. Condé Nast claims the rappers' promo campaign was built "entirely" on the unauthorised use of Vogue trademarks and false representations.

How does Drake get paid?

Drake makes money in multiple ways: through streaming, concerts, brand endorsements and other business ventures.

Does Justin Bieber own masters?

The deal means Hipgnosis now have Bieber's share of the ownership of his 290 song back catalogue. Owning the masters and copyrights of Bieber's music means they will be paid every time someone plays or wants to feature the star's music in media.

What is the 35 year music rule?

Also known as the “35-year law,” it allows for the termination of BOTH grants of rights in post-1977 sound recordings (i.e., record contracts) AND musical compositions (publishing agreements, co-publishing agreements, administration agreements, licenses, etc.) 35 years after publication of the work.

Did Michael Jackson own his own masters?

In September 2016, Sony acquired the Jackson estate's stake in Sony/ATV in a deal valued at around $750 million. The Jackson estate retained its ownership of Mijac Music, which holds the rights to Michael Jackson's songs and master recordings. The revenue will be placed in trust for Jackson's children.

Is the rapper Drake a billionaire?

Drizzy's friend and fellow rapper Nicki Minaj might have accidentally slipped that he is indeed a billionaire. In Nicki's recent Instagram stories, Minaj was onboard Drake's private jet and had a lot to say about Drake's wealth status.

Who owns Snoop Dogg Masters?

Dre's 'The Chronic' After Death Row Acquisition Snoop Dogg acquired Death Row Records. In doing so he also acquired the master recordings to Dr. Dre's The Chronic Snoop said Tupac's master recordings went back to his Estate.

Does Kanye own his masters?

The masters were sold to music manager Scooter Braun, who has denied that Swift was not given notice of the deal. Braun sold the ownership to Shamrock Capital.

Is Drake's family rich?

Drake has also described growing up "very poor, like broke," despite spending some of his adolescence in the affluent neighborhood Forest Hill. "I grew up on Weston Road. That's near the west end of the city.

How rich is Drake right now?

He has earned enormous wealth through his music career. However, he has also earned money via his acting career. Drake's Net Worth in 2023 is currently $260 Million. He is a big and successful Personality in Canada, who is known all around the world for his exceptional singing or rapping.

How much is Drake's necklace worth?

In total, the diamonds weigh 351.38 carats, meaning each stone is over 8 carats and the larger central stone at least 10 carats. Assuming “Drake” levels of quality in each diamond, the price tag for the necklace is easily $13 million.

How much did Drake sell his masters for?

Drake's $400M Universal Deal Was Reportedly 'One Of The Biggest Deals In Music History' - AfroTech.

What things does Drake own?

Drake also has lucrative deals with Sprite, Apple and Nike. He left Jay-Z's Tidal behind to sign with Apple for $19 million and went on to release promotions for them. Otherwise, the 32-year-old Canadian rapper has an equity stake in Virginia Black whiskey and the Toronto Raptors basketball team.

How much does Drake make per song?

Drake gets paid up to $2M for a single big show.

Who owns Nicki Minaj's Masters?

So, does Nicki Minaj own her masters? Since all of Nicki Minaj's albums were released by Young Money (this includes "Pink Friday," "Pink Friday: Roman Reloaded," "The Pinkprint," and "Queen"), this means that Nicki doesn't own her masters — Universal Music Group does.