Cash Money Signs 1st Pop Group

Cash Money Records has broadened their musical parameters with the addition of the label's first pop act. Savvy, a six member teen group hat has been featured on the TV show "The Wannabes," will officially be welcomed to Cash Money next week.

“The Wannabes,” will premiere in North America on September 5th, and next week, Birdman and Slim Williams, the founders of Cash Money Records, will host an event in Beverly Hills to announce the signing.

The group already has an international following, and will be introduced to North America via their upcoming debut album for Cash Money Records.

Rick Ross Was Inspired By Diddy

Rick Ross revealed that his inspiration for launching his own Maybach Music Group was seeing hip hop moguls like Diddy and Cash Money's Brian "Baby" Williams. Following their template, Ross has begun building his own stable of artists, ranging from rapper Wale to soul singer Teedra Moses.

"Building Maybach Music Group, building this empire, of course I was inspired by some of the earlier movements and earlier dudes that came along such as Cash Money [and] Bad Boy Records. To me, when I really think about the greatest era of hip-hop, that was the greatest eras of hip-hop; when I turned on the TV and saw Big, Mase, Junior Mafia, and the Lox. That was the most exciting era of hip-hop. I looked at the No Limit era and saw that camaraderie that they had, that unity, that brotherhood that they shared. I think it spilled over from [their] music," Rick Ross says.

Baby Laughs Off Jay-Z Diss But Did He Tho + received a check for $100,000,000

Birdman recently interviewed with Los Angeles legend Big Boy and said some very interesting things about his money and his supposed rivalry with Jay-Z. The Cash Money Records founder bragged--as he is known to do--about his and his label's financial success--but he made one claim that seemed outlandish.

Even for him.

Birdman claims to have received a check for $100,000,000. That's right. $100 milli. No way.

Oh, and as far as Jay? Baby says he has no quarrel with the Roc Nation megastar and mogul. Even after Jay-Z's 'we spendin' baby money' sub-diss on Kanye West's "H.A.M." track. “I ain’t tripping--we spending Baby money," Baby said. "I don’t know how he feels, but I don’t have a problem.”