Rapper will also seek copyright status on Young Money imprint
Lil Wayne is suing Cash Money Records and the the label’s owner, Birdman, for $51, (£37m)
TMZ reports that the rapper has taken legal action to free himself from the label as he believes they have violated his contract by not releasing his new album ‘Tha Carter V’.
As well as severing his contract with the label, Lil Wayne has asked a judge to declare him the joint copyright holder of everything released on his Cash Money imprint, Young Money, home to artists including Drake and Nicki Minaj.
Birdman has gone on record as saying that ‘Tha Carter V’ is still set for release, however, with plans in place to release the long-awaited record “in due time”. The reports of legal action follow repeat reports of disharmony between Wayne and his label, with the rapper previously claiming he was a prisoner until his album is released.
Last week Lil Wayne released new mixtape ‘Sorry 4 The Wait 2’. The mixtape was designed as an apology to fans waiting for ‘Tha Carter V’.
‘Sorry For The Wait 2’ features original colaborations with Drake (‘Used To’), 2 Chainz and Christina Milian as well as Lil Wayne remixes of hits by Beyoncé, iLoveMakonnen, Future, Bobby Shmurda, Dej Loaf and Rae Sremmurd. Download the mixtape for free here.