News: Lupe Fiasco Explains Deading Atlantic Records Feud

Monday, Oct 11, 2010 6:07PM

Written by Biz Jones

Grammy-winning rapper Lupe Fiasco has detailed how his publicized issues with Atlantic Records were recently squashed and resulted in his long-awaited Lasers album finally receiving a release date.

According to Fiasco, he spoke with Atlantic and ironed out their problems.

"We just came to a reconciliation, saw both sides of the argument of what was going down, found a midway point that we can all agree on, and we're rolling," Fiasco said. "March 8: Lasers. Single drops in a couple weeks. It is what it is...I'm not a 360 artist, and I'll never be a 360 artist. And you should never be a 360 artist. If that's something that you need, then your situation is different. I'm not the type of artist that needs a 360 deal, but it's probably some newer artists that need that kind of motivation or extra support to enhance their operations in the future. I don't necessarily need that. If it comes along in the future, who knows? But, right now, I don't need it. Thank you, but no thank you." (MTV)

Atlantic Records announced a release date for Lasers last week.

In his lone tweet yesterday, Lupe simply stated "Victory!" to go along with a picture of him (sporting a thumps up), and unidentified woman, and an Atlantic Records sign. Atlantic Records later tweeted thatLasers will be released on March 8, 2011. (The Source)

A day prior, Fiasco posted a Twitter message and photo reading "Victory."

A week before a protest was set to take place outside of Atlantic Records in New York City, Lupe Fiasco and his label appear to be on the mend. The Chicago native tweeted a picture of him and Atlantic executive Julie Greenwald together in front of a giant Atlantic poster, with Lupe giving the thumbs up and wearing a giant grin on his face. (Rap-Up)

Speaking at last weekend's RACC (Regional Academic & Cultural Collaborative) in Florida, Lupe detailed his problems with Atlantic.

Lupe said Atlantic wanted him to sign a contract that would give them 25% of anything he makes from shows or deals with other companies like Nike or whatever. (Sean's note: That's a 360 deal) He told them NO so they threatened him by not pushing any of his new songs on the radio or giving him money to make the videos (the I'm Beamin' video came out of his own pocket). Also they basically don't like his music or the way Lupe put it 'They think I'm whack'. So Atlantic sent him hooks they wanted him to do. He recorded them and sent them back but they didn't like them anymore and tried to have him change the hooks like 60 different times. In the end he had enough. (The LupE.N.D.)

Check out some recent Lupe Fiasco footage down below:

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