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Young Money Entertainment is an American record label founded by rapper Lil Wayne. The label is an imprint of Cash Money Records and is distributed by Universal Records. In October 2007 Lil Wayne said in an interview with Vibe that he had stepped down as President of the label, and had given the position to Cortez Bryant.[1] As of 2009, Mack Maine is serving as president.[2] Drake had signed a joint venture between Cash Money Records and Young Money. On August 19, 2009, Mack Maine confirmed that Omarion is no longer on the label. To promote their upcoming collaboration album to be released on December 15, 2009, Young Money artists embarked on the Young Money Tour.[3]
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