This isn’t the first time Jeezy has been said to not pay people. The music business is a shady, especially when its a lot of “thugs” running the labels and pushing horrible music doing bad deals.
According to reports
A former business partner is suing Young Jeezy and Def Jam Recordings, claiming they failed to share millions of dollars in profits from hits he helped Jeezy produce and promote.
In a lawsuit filed recently in Fulton County Superior Court, Demetrius Ellerbee said he and Jeezy, whose real name is Jay Wayne Jenkins, founded Atlanta-based CTE Music in 2001 as equal partners and later signed with Def Jam to distribute the rising rap artist’s music.
But despite the success of CTE, also known as Corporate Thugz Entertainment, Ellerbee has seen little of the millions of dollars in Def Jam advances and royalties paid to the company, according to Ellerbee’s Atlanta attorney, Mario Breedlove.
In addition to at least $5 million in damages, Ellerbee is seeking interest, punitive damages and legal costs. New York-based Def Jam’s parent company, Universal Music Group, also is named as a defendant in the suit.
Ellerbee also said he is the founder of Hush Management, a music company he started in 2006 in Atlanta. In an online bio, Ellerbee says he has ” negotiated multi-million dollar endorsement deals, managed projects and overseen collaborations with Jeezy and superstars such as Usher, Kanye West, Lil Wayne, Mary J.Blige, Rick Ross, Timberland, Jay-Z, The Dream, Fabolous, Jadakiss, and R. Kelly.”