It’s that time of year again when Forbes reveals the top power-players in hip-hop, and it should come as no surprise that it’s the same 5 people it usually is. A slight shift here and there in the order, but the message remains the same: these guys are really, really ridiculously rich. Find out who made the cut below!
(Photos) Boxing: Birdman Stunna Collects His Winnings After Betting $1 Million On Mayweather!
We told you earlier Birdman wasn’t playing and dropped $1 million on Floyd to beat Manny Pacquiao. Well as the world now knows, Floyd did indeed pull off the victory in convincing fashion which means there are a lot of happy bettors who bet on Money! One of those happy people is none other than Birdman, who just got richer. He may not have gotten as rich as Floyd did tonight, but racking up hundreds of thousands of dollars while you sit and enjoy a historical fight is a nice way to live. Check the gallery as Birdman comes to collect!
(Photos) Boxing: Birdman Is Living That “StunnaLife”, Drops $1 Million On Mayweather To Beat Pacquiao
A fight of this historical proportion is going to bring everyone out to Vegas! Floyd Mayweather and Manny Pacquiao are bringing in money that even to Vegas experts is extreme. The bets are flowing in fast and heavy, with Pacquiao getting more action than anyone expected. 50 Cent already said he dropped $1.6 million on Floyd and now another heavyweight in the hip hop game is dropping serious money as well. Birdman shared a picture of the $1 million cash he is putting on Floyd. Since the odds are in such favor for Floyd, that million will only get Stunna roughly $500,000, but considering it would be money for doing nothing, it is a win. Check the gallery!
What’s Next For The Music Biz?! Universal Music Group Dismantles Distribution Company
Universal Music Group officially dropped the name Universal Music Group Distribution (UMGD), and updated its U.S. structure. In a digital market, where applications like Spotify, Tidal, and iTunes have limited the number of hard copies purchased by consumers; it looks like Universal Music Group will be placing more interest in marketing and e-commerce operations.
(Video) Young Thug ft. Birdman – Constantly Hating
Young Thug Drops the visual for “Constantly Hating” featuring Birdman. Watch below.
UPDATED: Lil Wayne Drops The $51 Million Lawsuit Against Birdman and Cash Money
*Scroll to the bottom for an update* Earlier this year, Lil Wayne filed a $51 million lawsuit against Birdman and Cash Money, attempting to get out of his deal, get the money owed from his contract for completing Tha Carter V, and get the rights to all of Nicki Minaj and Drake’s music. At the time, sources close to Wayne said he’d be willing to drop the lawsuit if he was paid the $8 million advance he was owed when he began C5, as well as the $2 million he was to be paid for its completion. The Jasmine Brand has revealed that Tune officially filed documents in the case yesterday, stating he wishes to voluntarily dismiss the lawsuit “without prejudice” – which means he could re-file at any time. Hopefully this is a sign that some sort of agreement has happened behind-the-scenes!
