News: Lil Flip And Sony Music Group Part Ways
Sandy Lal, Lil Flip's attorney and manager, announced today that he has successfully negotiated the release of the multi-platinum rapper from his contract with the Sony Music Group.
The terms of the release allow Flip to retain ownership of the master tapes of I Need Mine, the rapper's forthcoming CD, which had been scheduled for release on June 27.
"Flip and I are ecstatic," says Lal. "Our relationship with Sony has been quite fruitful. But I've always believed that Flip's potential is virtually unlimited, and we're really eager to take it to the next level. Being able to walk away with the masters to 'I Need Mine' is an absolute victory." Lal is the executive producer of "I Need Mine."
Mr. Lal has represented Lil Flip since the release of his breakthorugh second album titled U Gotta Feel Me.
"If I can be sure of one thing about the music business, it's that Sandy Lal has my back," says Flip. "Usually, it's like the labels have all the power. No one else could have negotiated a release so favorable to me as an artist -- and I got to take my masters with me! Incredible."
Sandy Lal is the chief executive of the New York-based Kingpin Entertainment Group.
Flip's latest set, "I Need Mine," was scheduled for release earlier this week but will now remain under wraps until a new label partner is found.
Asked why the Sony deal didn't pan out, Flip's manager Sandy Lal would tell Billboard only that, "A label like Sony is not the place for an artist like Flip." Contrary to a published report, Lil' Flip has not signed with Asylum/Warner Bros. Lal said the artist is "very close" to signing a new deal but that "it could be done in an hour or it might take a month."
Lal added that he anticipates the track list for "I Need Mine" will remain relatively the same once it sees release. The album is the follow-up to 2004's "U Gotta Feel Me," which debuted at No. 4 on The Billboard 200 and has sold 1.1 million copies in the United States, according to Nielsen SoundScan.
As previously reported, Lil' Flip will be on hand for a July 22 concert celebrating late Houston hip-hop legend DJ Screw in Pasadena, Texas. He also appears on the CD/DVD "DJ Screw: The Untold Story," due July 18 via Double Platinum Entertainment.