Friday, October 23, 2009

For the first few years, Cash Money played host to a number of local releases by artists, selling hundreds of thousands of albums without ever releasing a music video or having a Billboard hit. Cash Money's big break came in 1997 when the label's most popular artists, the Hot Boys B. and For the first few years, Cash Money played host to a number of local releases by artists, selling hundreds of thousands of albums without ever releasing a music video or having a Billboard hit. Cash Money's big break came in 1997 when the label's most popular artists, the Hot Boys, B.G. and Juvenile in particular, caught the attention of Universal Records executives. Juvenile's Cash Money release Solja Rags sold 200,000 copies independently. In 1998, Cash Money signed a $30 million pressing and distribution contract with Universal, entitling the label to 85% of its royalties in particular, caught the attention of Universal Records executives. Juvenile's Cash Money release Solja Rags sold 200,000 copies independently. In 1998, Cash Money signed a $30 million pressing and distribution contract with Universal, entitling the label to 85% of its royalties

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