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New York radio host Charlamagne the god claims Kanye West is in debt to Big Sean, an artist on his G.O.O.D. Music label.
Kanye went on a Twitter.com rant, denouncing Universal Music Group for refusing to give him ownership of his masters.
In a series of tweets over several days, Kanye posted his entire contract on Twitter. The 43-year-old mega producer tweeted a video that showed him urinating on one of his 21 Grammy Awards submerged in a toilet bowl.
But Charlamagne insists that Kanye West doesn't treat his own artists the way he wants to be treated by the overlords at UMG.
During a recent Breakfast Club "Rumor Report" segment, Charlamagne claimed Kanye owes Big Sean millions of dollars while keeping 50% of the rapper's royalties and profits.
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"The restraint Big Sean shows to Kanye West is remarkable," Charlemagne said. "I hope one day Big Sean tells his story, but just know Kanye West owes Big Sean a whole lot of money and he got Big Sean in a very terrible contract to be out here screaming about giving folks their masters back."
Charlamagne wasn't done. He said Kanye won't help his own artists get their masters back.
"Kanye West owes Big Sean $3 million, Kanye West gets half of Sean's profits and half of Sean's royalties, and Kanye wouldn't agree to Big Sean getting his masters back from Def Jam... Kanye needs to do right by Big Sean."
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Now we know why Kanye West hates Jay Z with a passion. Kanye went on a Twitter rampage, posting his contracts and urinating on his Grammy Award.
@lavidaNOTA, who calls himself The Authority, is a South African record label owner who read over the contracts that Kanye posted on Twitter.com this week.
@lavidaNOTA writes, "I have 16-years experience in the music business... It took me all night to understand Kanye's contracts. Aspiring artists have no idea what they are getting themselves into. This is why it’s important to ask people who have been through it for advice!"
Apparently, Jay Z sold the masters to Kanye's first six albums just so he could get his own masters back.
"Kanye contracts SUMMARY: Apart from the inducement which Kanye had to sign to get his advances. This shows that Jay Z sold the masters to first 6 @kanyewest's albums just so he could get his own back. He did so knowing Def Jam won't sell them back to Kanye in future. That's BEEF!"
"[Kanye] owns album[s] 7-10 but the most lucrative and most critically acclaimed albums are owned by Roc-A-Fella which is wholly owned by Def Jam... The majors will never sell you your masters because that’s what gives them market share and drives profits and Jay Z knew that."
@lavidaNOTA says Twitter CEO Jack Dorsey banning Kanye from Twitter had nothing to do with him posting a Forbes editor's phone number.
"Jack Dorsey aka @jack was jogging with Jay Z just a few weeks ago. Now Kanye is banned from tweeting for 12-24 hours. Sounds about rights!"
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