In May 1997 Birdman organized a rap group that included Juvenile, B.G, Turk and Bulletproof. At this time Turk and another local rapper by the name of Bulletproof aka lil Derrick joined the roster. Starting in 1996, Cash Money signed a slew of new artists such as Lil Wayne, B.G, Juvenile, who already had a buzz in the streets in the mid-1990s, was also signed. 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 an 70%-30% distribution deal. īryan "Birdman" Williams (pictured) founded Cash Money Records in 1991 with his brother Ronald "Slim" Williams.Īlong the way he met a lot of influential people on the road with the Hot Boys.
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The label's name is an allusion to the 1991 cult movie New Jack City. Īrtists signed to Cash Money Records have achieved a combined 12 number one albums on the Billboard 200 chart and 7 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"). The label has been home to a roster of hip hop artists, including Lil Wayne, Drake, and Nicki Minaj, and is regarded as one of the most successful in hip-hop history. The label is distributed by Republic, which used to be Universal Republic. Cash Money Records is an American record label founded in 1991 by brothers Ronald "Slim" Williams and Bryan "Birdman" Williams.
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