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After three years of legal battle with cash money records, the legend rapper Lil Wayne, now referred as Weezy, becomes the sole owner of Young Money Entertainment, transitioning from a 51-49 joint partnership with cash money, to his owning his imprint outright.
Settling on June 7th at an undisclosed amount as confirmed by Lil Wayne’s attorney, Ron Sweeny, issued a statement:
“Per our settlement agreement, the matter has been amicably resolved to the satisfaction of all parties. In terms of the particulars, we’re prohibited legally from saying anything further. I can say that my client is happy. He is his own man, a man that owns his assets, his music and himself. At some point, Wayne will let his fans know what’s going to happen next.”