Lil Wayne dropped a bombshell Saturday that left fans simultaneously celebrating and speculating over what it could mean.
“I just signed a deal with my motherf–king idol, Jay Z,”
Said the rapper, whose real name is Dwayne Carter, as he took the stage at KMEL Summer Jam, CNN reported.
The crowd erupted in cheers and rumors started spreading through the internet: Did this mean Lil Wayne was signing with Jay Z’s Roc Nation label amid a long-running beef with his current label, Cash Money Records?
Not today, Lil Wayne’s manager told Billboard. Lil Wayne was referring to his involvement with
Tidal, Jay Z’s music subscription service, Cortez Bryant said.
Lil Wayne joined Tidal as a co-owner this month, according to Forbes, and dropped an exclusive new track “Glory” to celebrate. “The Internet and blogs took his words out of context,” Bryant told Billboard.
Tidal is a subscription-based music streaming service that combines lossless audio and high definition music videos with curated editorial.
The service has over 25 million tracks
and 85,000 music videos. Tidal claims to pay the highest percentage of
royalties to music artists and songwriters within the music streaming
market
“When Wayne was speaking about the
partnership with Jay Z, he was speaking about his new deal as an artist
owner with Tidal.” his manager added.