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According to TMZ.Com….. Lil Wayne’s label could lose the fire hose that promotes stars like Drake and Nicki Minaj among many others … according to a new lawsuit.
Turns out before there was Young Money there was something called youngmoney.com — a business specializing in helping young entrepreneurs manage and make money for more than a decade.
The suit claims the company that owned the website sold it to Wayne’s Young Money label in 2011 for $600,000. But there were strings attached … if Wayne’s Young Money didn’t make the payments on time, YM would forfeit the name youngmoney.com and it would go back to the seller.
Wayne’s company hasn’t paid the $250K balance it owes and is blatantly blowing off its obligation … according to the lawsuit. So the seller is suing to get its domain name back.
We reached out to Wayne’s Young Money. They had no comment.
Nicki Minaj is currently working on her new album due in 2014.
In between concert performances, launching new products and acting, Nicki Minaj find some time to hit the studio to record some new material for her new album.
Speaking with Power 105.1′s Charlamagne, DJ Envy and Angela Yee, Nicki Minaj says her new album will be nothing like what she has ever done.
“It’s very different from anything I’ve done, which I’m surprised about,” Nicki Minaj said in the interview. “I feel like this is next level.”
“Thank God, I’ve experienced so much in the last year and a half that there is so much for me to talk about and I know my fans are going to be excited about it,” Nicki Minaj added.
Nicki Minaj has two successful albums under her belt, Pink Friday and Pink Friday: Roman Reloaded.
Pink Friday, released on November 19, 2010, debut at No. 2 on the Billboard 200 charts afterselling 375,000 copies in its first week. The album went in to be certified platinum, sellingalmost 2 million copies in the United States.
Her sophomore album Pink Friday: Roman Reloaded, released April 2, 2012, debut at No. 1 on Billboard 200, selling 253,000 copies in its first week.
Fans and critics will be watching closely as her new studio album unfolds.
From what we’ve learned … Kimmy Blanco needs to tell her Boo to Kick Rocks! Know why? According to our tipster, dude’s not only cheating on the ORIGINAL ‘Black Barbie’ … he’s also said to be dead weight for Lil Kim.
“His mistress is threatening to spill the beans to Lil Kim … if he doesn’t pay what he weighs.“
He goes by the street name Mr. Papers, a reported NYC D-Boy said to be living that good life … on Lil Kim’s dollar! That’s why we’re told that Kim’s bankroll is decreasing by the day … leading her on the hunt for a sponsor to fund her mixtapes!
“Lil Kim is going broke from supporting him and hercareer
Here’s the drop:
“Kim’s boyfriend is using her. She’s a control freak so it’s hard for her to lock a sponsor down. She’s fighting to stay in the game and wants to show-out Nicki Minaj”
Atlanta rapper Gucci Mane was arrested this morning for allegedly threatening cops.
To make matters worse, the Brick Squad rapper was also allegedly caught with drugs and guns.
According to TMZ, Mane, born Rodric Davis, was arrested moments after midnight on Friday after a friend made a complain to a cop that he was behaving erratic.
The friend waved down police to help out … but when they approached Gucci he began “cursing and threatening them.”
We’re told he was immediately taken into custody and police found a small amount of marijuana on the 33-year old rapper … as well as a handgun.
Gucci Mane was arrested and charged with disorderly conduct, marijuana possession and possession of a concealed weapon.
The rapper was also reportedly taken to a nearby hospital to get checked out.
Gucci Mane made headline earlier this week after he went on a Twitter tirade claiming that he and Waka Flocka had sex with Nicki Minaj, Tyga’s girlfriendBlac Chyna, Keyshia Cole and a long list of other women.
The “Trap House” rapper has since deleted his Twitter account after some heated backlash from Nicki Minaj and Tyga.
He also claimed his ex-manager hacked his Twitter account.