Omarion Dropped From Cash Money Records for Leaking Track

Omarion is shopping around for a new label home again.

After only two and half months as a Cash Money artist, the former B2K front man has been dropped.

“Omarion is no longer with Young Money,” label president Mack Maine confirmed in a statement. “May God be with him and his future endeavors.”
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CNBC “The Rise of America’s New Black Overclass” Featuring LeBron James, Terrell Owens, Lil Wayne, and More

It’s an American success story. Self-made black multimillionaires, many of whom grew up poor,
have made vast fortunes in the sports, entertainment and media industries.

The new moguls made their millions under the age of 40, primarily by taking more ownership and control over their brands than their predecessors. Collectively, black athletes in the NFL, NBA, and in Major League Baseball earned nearly $4 billion last year and the nation’s 20 highest-paid hip-hop entrepreneurs brought in more than $500 million. Now, with their newfound wealth come responsibilities to their family, friends, and community.

Based on Lee Hawkins’ forthcoming book of the same title, NEWBOs: The Rise of America’s New Black Overclass examines the growing responsibilities of black celebrities in the Obama age. The project features personal stories and interviews with some of the biggest names in sports and entertainment. It’s an inside look into how each successful NEWBO surmounted challenges to achieve the American Dream.

Lil Wayne re-signs with Cash Money

Rapper Lil Wayne has re-signed with Cash Money Records. The rapper has been with the label since he was a teenager and also acts as the label’s president. The terms of the deal is unknown.

Lil Wayne’s current album “Tha Carter III” has sold 2.4 million copies in the United States.