Cash Money Founders on Lil Wayne’s ‘Tha Carter IV’ Debut: ‘No Record is Safe From Him’
With Tha Carter IV moving 964,000 copies its first week, Lil Wayne has the music industry cheering, especially Universal Music Group, which has distributed the Cash Money label for the past decade.
Founded in 1990, the New Orleans-based imprint has released more than its share of hip-hop hits over the years, starting with 1997 breakouts Juvenile and Hot Boys, but none have compared to the record-breaking phenom that is Lil Wayne.
"I consider him my son, part of the Cash Money family from the very start,” said Cash Money’s co-CEO Bryan “Baby” Williams in a statement released Wednesday. “One thing I've learned. No record is safe from him.”
Added label co-founder Ronald “Slim” Williams: “This is a tremendous accomplishment for Lil Wayne and everyone here at Cash Money. It’s a tribute to the hard work and commitment he’s shown from the very start.”
Tha Carter IV nabbed the top spot on this week’s Billboard 200 chart. It also set an iTunes record by moving more than 300,000 album downloads in just four days, besting Jay-Z and Kanye West’s Watch the Throne album, which sold 282,000 digital copies its first week out.
Wayne’s Tha Carter III, released in June 2008, sold just over 1 million copies.