Whoa. I almost thought this was fake news. It's great news -- just a little mind-blowing. Asian American R&B/hip hop group Aziatix has reportedly signed a $11.3 million deal with Cash Money: Asian-American Hip Hop Group Aziatix Signs with Cash Money Records for a Lot of Money.
At Cash Money's annual Grammy party, the label announced that it had struck a deal with Korean American trio Eddie Shin, Flowsik and Nicky Lee, who have amassed a pretty amazing following in the U.S. and Asia in a relatively short time. They now join Cash Money's roster, which includes Lil Wayne, Nicki Minaj and Drake.
And hold up, before you think Cash Money going international is all about the success of "Gangnam Style"...
Cash Money A&R/manager Joshua Berkman told Billboard it wasn't "Gangnam Style" that inspired this signing. "We were courting Aziatix before Psy broke, but that certainly helped,” he said. Berkman added the boys kick off a new worldwide focus for the label, which includes interest in even more Asian acts. We’re reaching out more internationally now—it’s a global thing."Sky's the limit for these guys. Expect a lot more great things from Aziatix. More here: Backbeat: Annual Cash Money Party Brings Big Names, Big Plans and Blunt Smoke with Pre-Grammy Revelry.