How Quality Control Music Became The New Cash Money Records
Once upon a time, in a land called New Orleans, Louisiana, emerged a record label called Cash Money Records, founded by Bryan “Birdman” Williams and his brother Ronald “Slim” Williams, that was so strong that in 1998, they signed an unheard of $30 million pressing and distribution deal with Universal Music Group. In addition, they received a $3 million advance contract, entitling Cash Money to 85% of its royalties, 50% of its publishing revenues and complete ownership of all of its masters. This deal was more lucrative than other boutique hip hop labels at the time, including Roca-A-Fella and Ruff Ryders.
With the Hot Boys (Lil Wayne, Juvenile, B.G., Turk) being the young flashy Southern hip hop super group of their time that Migos is 20 years later for Quality Control Music, Cash Money Records was on a role—especially acquiring Drake, Tyga and Nicki Minaj later on. But now with growing pains and growing lawsuits, Cash Money Records is struggling to maintain the shine that would make modern rappers beg to sign with them like they used to. This seems to raise the question of how did Quality Control Music come in and become the contemporary Cash Money Records, even while Birdman’s label still competes for the Billboard charts?
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