Music Producer Jas Prince Has Reportedly Settled An $11 Million (£6.9 Million) Lawsuit He Filed Against Bosses At Bryan 'Birdman' Williams' Record Label Cash Money Records Over Drake's Music Royalties.
Prince launched legal action against bosses at the label last year (14), claiming he discovered Drake and was instrumental in helping the Started from the Bottom star land a deal with bosses at Aspire Music Group, who planned to license his rapping and songwriting services.
As part of the agreement, Prince alleged he would receive a portion of profits and advances generated by Drake's recordings. In July, 2009, Aspire executives reportedly allowed Drake to sign a joint contract with Williams' Cash Money Records and Lil Wayne's Young Money Entertainment label and in 2013, Prince claimed he was still owed $5 million (£3.1 million) from that deal and approached label executives about the money. They paid him $1 million (£625,000), but he claimed he never received the remaining funds and launched a breach of contract lawsuit.
Earlier this year (15), it was reported that the lawsuit had been dismissed, but it seems the parties reached an undisclosed settlement earlier this month (Oct15), according to TheJasmineBrand.com.
With her fifth studio album 'Infinite Things' set to be released later this year, Paloma Faith unveils a music video for her newest song 'Better Than...
Remembering the iconic Toots Hibbert (1942-2020).
'The Great Escape' was released on this day (September 11th) in 1995.
We were actually quite excited about Marilyn Manson's WE ARE CHAOS. The question is whether or not we were sorely disappointed...
World Suicide Prevention Day is the day to remember some of the world's greatest artists.
Few bands reach the legendary status of of the greatest rock 'n' roll band in the world.
With his forthcoming album 'Heavy is the Head' set for release this December, Stormzy has dropped an animated video for a new single entitled...
It's time to start letting women be empowered by their sexual attitudes.