PHARRELL WILLIAMS FILES $5 MILLION LAWSUIT OVER QREAM LIQUOR DEAL: According to Allhiphop.com, Pharrell Williams has filed a suit against distillery Diageo North America, Inc for failing to produce, market and distribute his high-end Qream liquor to the appropriate target audience -- which resulted in low sales. Williams filed a breach of contract papers at Manhattan Federal Court last week and is seeking $5 million in damages.

WALE ANNOUNCES 'THE FOLARIN' TOUR: Wale has announced his five city Folarin tour -- in support of his Folarin mixtape. The tour will start on January 27th in San Antonio and will end on February 1st in Baton Rouge.

JUELZ SANTANA SPEAKS ON LIL WAYNE'S ROLS AS EP ON HIS NEW ALBUM: In an interview with RealTalkNewYork, Juelz Santana has opened up about Lil Wayne's role as an executive producer on his upcoming album Born to Lose, Built To Win. He said, "I don't need to just say Wayne's executive producing. I feel like getting with Wayne, us together we can get the results I need." He continued, "I'm not just going to send him records and ask him what he thinks or he's not just going to send me records and I just do the records that he likes. It's not going to be that. It's going to be a collective..us figuring out what's the best way to be successful...have a great product that the people appreciate and like."