Cash Money Records has reached a settlement with former in-house producer Mannie Fresh, who left the New Orleans based label due to a financial dispute.
“Cash Money Records has reached an amicable agreement with former in-house producer Mannie Fresh,” Representatives Cash Money Records/Universal told AllHipHop.com in a statement. “Per the agreement, neither party can discuss the terms.”
In the latest installment of Smack DVD titled The Album Vol. 1, Mannie Fresh explained his his decision to Cash Money Records.
“Now its me myself and I, doing big things,” Manny Fresh said. “I left Cash Money because of money, scratch, moola. “I move on if something’s not right. I had to do my thing, because it wasn’t right. I still holla at everyone. I still get along with them dudes. I still look at them like brothers, I wasn’t raised like that. Its just a growing up thing and I had to move on.”
Mannie Fresh has since gone on to start his own record label, Chubby Boy Records.
B.G. and Juvenile also appear on the Smack DVD, stating that they the label because of financial mismanagement by Cash Money co-CEO and artist Bryan “Baby” Williams.
B.G. was the first to leave, claiming he had never received a royalty check for any album released before 1998.
The second to leave was platinum recording artist Juvenile, who for reportedly only received half of the tour money he had accumulated over 4 years. The rapper also claimed he had not received proper payment for his quadruple platinum album, 400 Degreez.
He returned to Cash Money records in 2003 for $4 million to release Juve The Great and later inked a deal with Asylum/Warner Music Group, as did B.G.
Mannie Fresh worked with B.G. on the hit “Move Around,” taken from B.G.’s latest album The Heart of Tha Streetz: Vol. 2 (I Am What I Am).
Source: All Hip Hop