Tuesday, August 21, 2012 12:49 PM PT
Young Money Hit with Two Royalty Suits

     (CN) - Two producers claim the highly successful record label Young Money skipped out on paying them royalties for working on best-selling rap albums like Lil Wayne's "Tha Carter III."
     Producers Infamous (Marco Rodriguez) and Drew (Andrews Correa) sued Young Money and Cash Money records in separate lawsuits in Federal Court in Manhattan.
     Young Money, founded by rap star Lil Wayne, is an imprint label of Cash Money Records, which is distributed by Universal Republic Records. The label has sold millions, including seven number one albums by other artists like Drake and Nicki Minaj.
     Infamous, a Miami producer and DJ, says he entered into five different production agreements with Young Money between 2008 and 2011.
     Infamous says Young Money agreed to pay him mechanical royalties and a production fee, but stopped doing so.
     A second lawsuit filed by producer Drew and his company Tykoo Entertainment also accuses Young Money of refusing to pay mechanical royalties and production fees.
     Drew produced the song "Mr. Carter" by Lil Wayne and Jay-Z, which was nominated for a Grammy award in 2009.
     Both plaintiffs demand an accounting and damages. They are represented by Matthew Holden in Hackensack, N.J.