Cash Money Records is yet again withholding accounting information, but this time from the sales of Rap and R&B superstar Drake. Florida-based Aspire Music Group claims to have signed Drake in 2008 and signed a deal with Cash Money the following year to split any commercial exploitation profits, etc.
According to their suit filed January 11th in the NY State Supreme Court, Cash Money is to fork over a full accounting of Drake's earnings and is to pay Aspire's share of revenues, plus damages.
However, Aspire is still facing a lawsuit of their own by James "Jas" Prince, the Houston Hip-Hop mogul who alleges he discovered Drake. The suit was originally filed in 2012 also in the NYSSC. Not only is Prince coming after the company, but also it's co-owner Derrick "Biz-kit" Lawrence and respective company On The Road for cutting him out of profits owed from the Toronto native.
Prince, aware of the supposed 33% deal between Aspire and Cash Money, is wanting a 22% cut of Aspire's share, which Prince claims has never been paid. Now that Aspire has filed the suit against Cash Money, which Prince has been awaiting, he is hoping to soon see his payout.
View the full complain here:
— davιe joneѕ (@ArielaAnis) January 16, 2017
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