Business and Finance
“I own 100 percent of my company”
In a recent interview, Cash Money co-founder Birdman stated that he has at all times been the entire owner of his works and releases; and still does it.
According to , Birdman, who co-founded Cash Money Records (once home to Lil Wayne, Juvenile, Drake, Nicki Minaj and lots of other recording artists) in 1991 together with his older brother Ronald “Slim” Williams, said Steve- O in his “Wild Ride!” podcast where you will see “100 percent” music issued by Cash Money is its property.
Steve-O, who revealed that he recorded “From the Ghetto to the Swamp” with Birdman at his home a few years ago, discussed Birdman’s business approach. The label’s owner says he has “never allowed” labels to own any part of his music catalog.
“Everything was my property. I never let any label don’t have anything. Universal never owned anything. We had all our own music and releases. He also stated that “I still own 100 percent of my company.”
He admitted that when he first got here into contact with music, he had no idea what publishing was, but he knew that he was not going to present up anything. He knew immediately that he would own all of his work and expressed this to his then-lawyer after they went to Universal Records before signing a distribution deal.
“When I went to (Universal), I didn’t even know anything about publishing and stuff like that. I do not know about that. I went to them with… a lawyer… Whatever his name was, I thought, “I’m not going to give up anything.” Because I felt like I had already lost everything. I lost my family. Nothing can compensate me for what I have already lost. I lost my mom, dad, brother, sister. … I lead a hellish life as a child, so I don’t think anything can replace it. So I thought: this is what I want to do. … I want to (own) my shit. I will own 100 percent of my shit.”