Tuesday, June 30, 2009

DRAKE SIGNS WITH YOUNG MONEY


Well, the wait is over: After weeks of speculation, Drake has chosen to go with the home team and sign with Lil Wayne's Young Money Records, according to a source close to the situation. The deal breaks down as a joint venture between Young Money and Cash Money, with Universal Republic distributing. Drake's management was adamant that he should be viewed as an independent artist, although Universal will distribute the project.

"Today is a definitely a comfortable day for me, having my team now that's been in place for a couple of years. It's just a great day," Drake told MTV News recently in New York. "It's something new, but it feels familiar."

Drake's official debut LP, Thank Me Later, is currently in production and due later this year, with Kanye West, Lil Wayne and Jay-Z listed as possible collaborators. This summer, look for Drake on tour with Lil Wayne, Young Jeezy and Soulja Boy Tell'em as part of the Young Money Presents: America's Most Wanted Music Festival.

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