Via the Lup.E.N.D. Blog, we finally receive some details on why Atlantic Records is holding out on releasing Lupe Fiasco’s highly anticipated third studio album, Lasers. They got word from a fan who attended Lupe’s keynote in Dayton, Ohio:
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.
He told them “no” so they threatened him by not pushing any of his new songs on the radio or giving him money back 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 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.
It’s nice to finally have an explanation (a ridiculous one at that) as to why this album has been delayed for so long — all the more reason to attend Fiasco Friday in New York on October 15th.
Once again courtesy of the LupE.N.D. blog, we now have video of Lupe talking about his issues with Atlantic. Check it out after the break.