Young Money Entertainment, simply known as Young Money, is an American record label and group founded in 2003 by Lil Wayne. The label is an imprint of Cash Money Records, which is distributed by Universal. Cortez Bryant was originally the president of YM, but Mack Maine took over in 2009 so that Tez could focus more on managing Young Money artists: Lil Wayne, Drake and Lil Twist. Since 2003, Young Mula has been on a steady rise to the top of hip-hop, starting from the streets of New Orleans to signing some of the biggest names in music.
Rappers Curren$y and Boo were the first artists to sign with YM and helped spread the name of the group by appearing on the Young Money mixtape, Young Money The Mixtape Vol. 1, which was released for free in 2006. Since then, personal issues had caused them to part ways but this was acknowledged as a business orientated decision as Curren$y and Wayne are still on speaking terms, and Boo is still a good friend of Wayne. This didn’t stop YM from expanding because Weezy went and signed the likes of Drake and Nicki Minaj, who are amongst the biggest names in hip-hop today. Young Money Ent has also become much more than a music record label as it has close affiliations with sporting stars representing the company.
Young Money will be known to the masses mainly through the compilation album, We Are Young Money, which was released in 2009. It spawned three big singles: “Every Girl“, “Bed Rock” and “Roger That“, all of which helped the album to reach Gold within 5 months of being released. YM also went on a tour across America to promote their new album, as well as the individual artists from the group. Since the release of We Are Young Money, each individual artist has been steady in making their move into the main market. Drake was the first from Young Money Entertainment, excluding Lil Wayne, to enter the charts at #1 with his debut album Thank Me Later in 2010. This was followed closely by label-mate Nicki Minaj a few months later with the release of her debut album, Pink Friday.
Shouting out Young Mula on almost every song, the popularity of the label grew and it soon became the hottest group in hip-hop. Rumors often circulate of mainstream artists being signed to Young Money, which instantly become trending topics on Twitter showing the high stature that YM has reached. All of the artists signed to Young Money Entertainment are well known for their work ethic, constantly flooding the market with music such as mixtapes, singles or appearing on other artists’ records.
In 2011, Drake released his sophomore album entitled Take Care, which debuted at #1 and reached Gold in its first week of release. Taking into account today’s music industry, this is no easy goal to reach. 2012 was another big year for Young Money with their project releases, which included as Tyga‘s Careless World: Return Of The Last King album on February 21st and the sophomore album of Nicki Minaj titled Pink Friday: Roman Reloaded on April 3rd. Albums that are due from YM in 2013 are Hotel California by Tyga and New Orleans by PJ Morton. If this wasn’t enough for all you Young Mula fans, YM will team up with Cash Money Records to release a YMCMB compilation album that is due out in the summer called Rich Gang: Flashy Lifestyle.
- Arslan Shabbir and Daniel Mousdell
Awards & Nominations
|BET Awards 2010||-||Best Group||Won|
|BET Awards 2010||Bed Rock||Viewers Choice||Nominated|
|BET Awards 2010||-||Best New Artist||Nominated|
|BET Hip Hop Awards 2010||Bed Rock||Track Of The Year||Nominated|
|Teen Choice Awards 2010||-||Choice Music: Group||Nominated|
|MuchMusic Video Awards 2010||Bed Rock||International Video Of The Year||Nominated|