“Lollipop” goes the Weasel!! Lil Wayne Being Sued By ‘Lollipop’ Producer For $500k In Owed Royalties


THisis50.com

CN- A record producer claims jailed rapper Lil Wayne’s record company owes him $500,000 in royalties for the song “Lollypop,” which won the 2009 Grammy for Best Rap Song of the Year. On behalf of himself and his company, Rebel Rock Productions, Jim Jonsin, whose real name is James Scheffer, sued Young Money Entertainment in Manhattan Federal Court.
Scheffer says “Lollypop” has garnered more than 4 million downloads and more than $4 million in ringtone sales
The Lil Wayne album on which it appeared, “Tha Carter III,” earned the rapper another Grammy for Rap Record of the Year and sold more than 3.2 million copies, according to the complaint.

Scheffer says the rapper promised semi-annual accounting statements, but skipped the statements due in December 2008 and June 2009. When it did provide them, the statements “grossly underreported the monies due plaintiff and were not accompanied by any payment,” Scheffer says.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s