OMARION DROPPED FROM YOUNG MONEY RECORDS

Damn! Already?! The ink on his contract ain't even dry yet!





President of Young Money Records Mack Maine put out this statement yesterday:

ATTN: Omarion is no longer Young Money...the song day leaked ft. Wayne is not official..good luck 2 him in his future endeavors..no further comments

The reason behind his departure is rumored to be in between the lines of Mack Maine's statement. They believe Omarion leaked a new song himself on the internet which features Lil Wayne. (You can find the song a couple posts back on my site.)




However, other sources are saying something fishy is going on over at Young Money Records since Weezy had Omarian come out on stage & moonwalk at his recent stop on the Amerika's Most Wanted tour in LA!

Somebody hating hard.

YOUNG MONEY MUSIC

This is Omarian's newest leaked single I Get It In featuring Weezy on Young Money Records:

Okay okay. I could see Omarian slippin & sliding to this.

And here's Bow Wow with a new song called Love Struck off of the Greenlight Mixtape where he declares his love for Pussycat Doll Melody Thornton. Huh??:

Dear lawdddd.

DRAKE OFFICIALLY SIGNS WITH YOUNG MONEY

The Young Money crew. Yes that's nasty (literally) Nicky Minaj, Jae Millz, Weezy, Tyga and oh oh who's that?!!!


Yes that's Drake and yes, he has officially signed with Lil Wayne and his Young Money Records for a reported $4 million.


There was plenty of speculation about who Drake was going to sign with since he doesn't have a deal nor an album! Yes I know, you're all probably scratching your heads wondering how so when his songs are all over the radio! Label heads were dying to get the most sought after rapper on their company but Weezy and Baby lucked out. Atlantic Records offered him $2 million but Drake decided to wait it out.


"Today is a definitely a comfortable day for me, having my team now that's been in place for a couple of years. It's just a great day," Drake told MTV News. "It's something new, but it feels familiar."


And according to MTV, it was a joint venture between Young Money and Cash Money Records and his upcoming album Thank Me Later will be distributed by Universal Republic.


"Independent is a funny term. I can go independent, but you need distribution, period. You need somebody to distribute your record and you need that army that a label has to really push the record." Drake said.

Young Money and Drake. Wasn't this obvious?????? I wonder how much cash Baby and Wayne offered him?? Must be a whole lot for Drake to turn down offers from almost every label in existence!



*There's a rumor going around that Drake was robbed right before the BET Awards on Sunday when he was walking around a L.A shopping center. Close sources to him say that his back and leg were hurt.


Is that why he was sitting on that stool during his entire performance???

LLOYD LEAVES MURDA INC.

Another bites the dust.


R&B singer Lloyd is officially parting ways with Murda Inc after 5 years of working with the label. You guys are probably surprised that Murda Inc still existed lol. I dont blame ya, contrary to the Irv Gotti show on VH1.


This comes a month after Ashanti was granted a release from the label after many years of keeping herself away from the whole Murda Inc probe. You remember the drama with the Feds when Irv Gotti & his co-executives were caught running Murda Inc. off of laundered drug money.

Lloyd's third LP that dropped in August last summer had many hits such as Get It Shawty and You ft Lil Wayne but since then his career had no growth due to the conflicts between Murda & their parent label Universal Records.

Lloyd's manager had this to say to AllHipHop.com“We find ourselves in limbo for the second time in three years. It’s frustrating to know that opportunities to advance Lloyd’s career are out there but we can’t exploit them due to our current situation. Even though Lloyd is appreciative of the opportunity that has been afforded him by The Inc, he feels it’s time for him to move on and seek opportunities that will allow him to build and enhance his brand.”

Lloyd is currently working on a new mixtape with production from with The Runners, Cool & Dre, Rodney Jerkins, among others.

Lloyd doesn't need Murda Inc & Irv Gotti. That's the business. If it's not going anywhere you just gotta do the dip, even if they're the ones that discovered you. He should just go to Young Money Records like Omarian did and do his thing with Weezy.