T.I. Sues Cinq Over Hip-Hop Catalog Dispute

0:00On April 29th, rapper T.I. just slapped a lawsuit on sink recordings, saying they're trying to hit him with a $52 million bill to buy back his own music catalog. The deal from back in the day lets his company, Grand Hustle, repurchase it for around $3 million based on a clear formula. But sink jacked up the price way beyond that. This all kicked off in 2017 when sink bought T.I.'s full Atlantic Records catalog, including hits like Trap Music and Paper Trail. In exchange, they added a buyback clause tied to 12 times the net profits from a one-year window. Grand Hustle jumped on it right on time in September 2024. Fans in the industry are buzzing because this feels like a classic bait and switch in hip-hop business. T.I. So built a legacy with those seven albums and owning his master's means full control over his work and future earnings. It's a big deal for any artist fighting to reclaim their catalog. Now the suit drops details on how sink cooked the books. They added in streaming fees from spots

1:03like Spotify and International Cash that the formula. Straight up excludes while low-balling royalties to pump the total, rented by the rules, and is just $2.4 to $3 million. sink even wrote the contract themselves. T.I. and Grand Hustle want the court to step in, force the sale at the real price, and shut down these shady moves for good. This battle is just heating up in the music world. I'm Cory with the story. That's your music news today update. A.I. powered and always on.