Money ruled the week. Lauryn Hill pleaded for mercy from the government for holding on to hers; Tyga revealed that he has received little from Cash Money; and Jay-Z and Beyonce ascended to new heights as the International Business Times named them pop music's first billionaire couple.
Lauryn Hill Pleads With Court for Leniency
Lauryn Hill pleaded for mercy from a federal court in her tax evasion case. According to TMZ, the singer cited threats to her life and her family as the reasons why she became a recluse and neglected to pay her taxes from 2005-2007—a period of time during which she made nearly $2 million. She has already pleaded guilty and she faces several years in prison. The singer will be sentenced on April 22. She is hoping to walk away with probation and a fine.
Tyga Not Receiving Royalty Checks From Cash Money
During a recent interview with Power 105's Breakfast Club, Tyga revealed that he has yet to receive any money from Cash Money Records, except for a signing bonus. "I never got a check from Young Money/Cash Money," said the "Rack City" rapper. "But by me saying that, I've always treated my career like independent, and everything that I got is because of myself, my own endorsements, me touring, myself. I think I got a signing bonus when I first signed but that was it."
The California native (check out his third solo album, Hotel California) doesn't seem fazed by the label's shady money dealings at present. but his tune is bound to change in the future. In fact, disappointing sales of his sophomore release with YMCMB suggest the future could be upon him rather soon.
Jay-Z & Beyonce: Pop Music's First Billionaire Couple
According to the International Business Times, Jay-Z and his pop-star wife Beyonce have claimed the title of Pop Music's First Billionaire Couple. (Recent collaboration with JT didn't hurt their pocket book, that's for sure!) The two have made a number of power moves over the past year, including Bey's recent deals with clothing chain H&M and beverage company Pepsi. Jay, once part owner of the Brooklyn Nets, has since relinquished his stake in the professional NBA team in order to move ahead with Roc Nation Sports. Both artists are expected to release albums and embark on world tours later this year.
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