Drake Gets Grilled About Record Label Drama After A Night At The Club
Posted on Fri Nov 21st, 2014 7:12am PDT By X17 Staff
Drake partied with some pals at The Nice Guy nightclub in West Hollywood on Thursday evening, and as he slipped into his car he was asked about rumors that he's leaving Lil Wayne's Young Money record due to financial woes.
Young Money Records "may be going bankrupt" and is "coming under extreme financial distress," according to a source for MediaTakeOut. The site apparently got their dirt from some "very senior" employees at the label, who went on to say that the drama stems from lawsuits and the IRS. "If they don’t work quickly, they may have to file for bankruptcy protection and liquidate their assets," the insiders reveal. "And the companies biggest assets [are] Drake, Nicki, and Tyga’s contracts."
It doesn't sound like Drake would be able to leave on his own accord, but we're sure there's a number of other labels who would love to have him if the company falls apart. I mean, he's sold over 5 million albums worldwide, which isn't a ton (think of it this way -- Taylor Swift's 1989 has sold two million copies, but it's also the top-selling album so far this year), but he's still one of the most in-demand artists out there.
Apparently Tyga doesn't seem to think so though, and he wants to leave Young Money because of his beef with Drake -- not for financial seasons. In a recent interview with Vibe magazine, Tyga stated, "I don’t really get along with Drake. I don’t really get along with Nicki ... I think being signed to Young Money, everybody felt like they had to force a relationship ’cause [Lil] Wayne put us together."
And that's not all! apparently Tyga, 24, who is dating 17-year-old Kylie Jenner, recently told Billboard:
- "I don’t like Drake as a person. He’s just fake to me. I like his music; you know what I’m saying? I think his music is good, but we’re all different people. We were forced together… I try to be cool with everybody but sometimes everybody just has different personalities."
Meow, Tyga!
SEE THE GALLERY Drake Leaves The Club With His Entourage