Cash Money Records’ Unfair Deal to Wendy Day is Published

By Lora Neng
WWW.STREETGANGS.COM STAFF WRITER
December 15, 2010

Cash Money Records is responsible for the break out careers of a number of hip hop artists, as well as garnering criticism over their accounting management. The particular story of how the label shortchanged the music consultant who got them their label deal with Universal Records is written in a book by veteran hip-hop journalist Dan Charnas.

Charnas’s book on the history of hip hop includes the story of Wendy Day, who founded the non-profit Rap Coalition to help artists obtain better record deals and not be exploited by the music industry, aiding the rise of labels such as Cash Money Records. After Cash Money Records reached success and Wendy Day, in a moment of financial difficulty, asked for a finder’s fee of “five percent at the time – reasonable, the same thing that a lawyer would charge,” said Charnas, they refused to pay her. Later two gunmen showed up at the lawyer’s offices of both Wendy Day and Cash Money Records, demanding, “Somebody didn’t get paid. Somebody better get paid.” Wendy Day said it wasn’t her doing, and at least one of her lawyers believed her word.

Dan Charnas worked for seminal rap labels Profile Records and Def American Recordings, has written some of the first cover stories for The Source magazine, and is now an author of The Big Payback released earlier this month.

Posted by on Dec 15 2010. Filed under Entertainment. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

2 Comments for “Cash Money Records’ Unfair Deal to Wendy Day is Published”

  1. Nice post. I learn something extra challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to make use of some with the content on my weblog whether you don’t mind. Natually I’ll provide you with a link on your internet blog. Thanks for sharing.

  2. rr3t

    guys are always guys cuZZ…sloB

Leave a Reply

*

Search Archive

Search by Date
Search by Category
Search with Google

Photo Gallery

Log in |
  • My Kingdom Come – 2015
  • Hispanic Gangs
  • Homies Figures – The Original Homies
  • Prison Gangs
  • The Inside Man – Confidential Informant, Los Angeles Gangs & the LAPD
  • Email
  • Connecticut Drug Threat Assessment report – 2003
  • Dianne Feinstein Report, The Gang Prevention and Effective Deterrence Act: Combating the Spread of Gang Violence – 2003
  • National Alliance of Gang Investigators 2005
  • L.A. Area Terrorized by Marauding Youngsters
  • Other Cities
  • Three persons were killed by shotgun blast in hotel on Vermont Avenue, 1979
  • Jamiel’s Law, proposed by Mayoral candiate Walter Moore
  • MAYOR VILLARAIGOSA, CHIEF BRATTON, AND LOCAL AND FEDERAL LAW ENFORCEMENT AGENCIES ANNOUNCE MAJOR CRACKDOWN ON L.A. STREET GANGS
  • Los Angeles Police Gang Enforcement Initiaitives – 2007
  • Passing of Vincent A Alonso
  • SG Music Group
  • Crip Gangs
  • Bloods
  • Asian Gangs
  • Forums
  • Shop
  • Injunctions
  • contact
  • Resources