According to TMZ, the trio claims they signed a joint deal with Wayne’s Young Money Entertainment and Williams’ Cash Money Records a year ago and were promised an advance of $600,000 toward recording costs.
W3 The Future’s production company Grassroots, who filed the suit on the group’s behalf, claim the labels only covered the initial recording fees, but the balance of the $600,000 was not paid, even though the aspiring stars turned in their album on time.
According to the legal papers obtained by TMZ, a label rep simply told them, “Cash Money is not moving forward with this project.”
What do you think — the realities of the music industry or shady business?
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