![]() ![]() The success of 400 Degreez solidified Cash Money as a powerhouse label in the national hip-hop scene. ![]() The album peaked at number 9 on the Billboard Top 200 and would ultimately go on to sell over five million copies worldwide. They deserve it." Cash Money's first success under Universal was Juvenile's November 1998 release, 400 Degreez. Dino Delvaille, who orchestrated the deal, later told HitQuarters: "I made certain they retained (the rights) of their work. After recouping, Universal Records would retain 15% of profits from album sales, while Cash Money retained 85%, as well as 50% of their publishing royalties and ownership of all master recordings. 1998–2000 Universal Records deal Ĭash Money signed a three-year, $30 million distribution deal with Universal Records in March 1998, under which the Williams brothers were given a $2 million advance each year and a credit of $1.5 million for each of the six artists that they had at the time. and Juvenile in particular, caught the attention of Universal Records executives. Cash Money's big break came in 1998 when the Hot Boys, B.G. Lil Derrick still was around (#1 Stunna Video) and was releasing music calling himself Lil Derrick the #2 Stunna. Shortly before the Hot Boys took off, Bulletproof was voted out the group according to Turk. ![]() After his father's death, Lil Wayne joined the group, which became known as the Hot Boys. ![]() In May 1997, Birdman organized a rap group that included Juvenile, Turk, B.G. At this time, Turk and another local rapper by the name of Bulletproof (aka Lil Derrick) (Derrick Williams Birdman's nephew) joined the roster. Starting in 1996, Cash Money signed a slew of new artists such as B.G., Lil Wayne, & Juvenile, who already had a buzz in the streets in the mid-1990s. Later, UMG acquired a portion of Cash Money Records, making it a UMG subsidiary. Wendy Day negotiated the deal between Cash Money and Universal Music Group's Universal Records (now Republic Records), which became a 70%-30% distribution deal. Along the way he met a lot of influential people on the road with the Hot Boys. They were some of the original bounce rappers that help create a sound in New Orleans along with Mannie Fresh. They were a group of 3 rappers named Lil Ya, Tec 9, & Yella Boy. U.N.L.V came shortly after and released "6th & Baronne", "Uptown 4 Life" & "Mac Melph Calio". Kilo G was Cash Money's 1st artist and releases "The Bloody City" which features Ms Tee & UGK. Bryan "Birdman" Williams (pictured) founded Cash Money Records in 1991 with his brother Ronald "Slim" Williams. And we wanted to help other people get out of this poverty. I was hoping it would get us out of the projects and into a positive way of life. History 1991–97: Beginnings īryan Williams told some of his close friends the motivation for starting the label: The label's name alludes to the Cash Money Brothers, drug kingpin Nino Brown's gang from the 1991 crime film New Jack City. Īrtists signed to Cash Money Records have achieved a combined 12 number one albums on the Billboard 200 chart and 8 number one singles on the Billboard Hot 100 chart ( Juvenile's " Slow Motion", Lil Wayne's " Lollipop", Jay Sean's " Down" and Drake's " One Dance", " God's Plan", " Nice for What", and " In My Feelings", and Nicki Minaj's " Super Freaky Girl"). The company is regarded as one of the most successful record labels of the 2000s–2010s. Distributed by Republic Records (formerly known as Universal Republic), the label has been home to a roster of mostly hip hop artists, including Lil Wayne, Drake, and Nicki Minaj. In the early years, Cash Money Records released albums of Juvenile, B.G., and Hot Boys. For the album, see Rich Gang (album).Ĭash Money Records is an American record label founded in 1991 by brothers Ronald "Slim" Williams and Bryan "Birdman" Williams. ![]()
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