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Cash Money Records co-founder Baby has confirmed recent reports of a joint tour with his record label and Lil Wayne's Young Money camp will begin later this month.

In addition to the tour, Birdman also updated fans on the status of Young Money's Drake and Nicki Minaj.

"Drake is in the studio," Baby said in an interview with DJ Semtex. "We got a tour starting, a Cash Money/Young Money tour starting December 17th and that's with everybody. Kevin Rudolf, Jay Sean, myself, the whole Young Money camp, just the whole squad and Nicki has a new album coming out at the top of the year and Drake's new singles and new album coming out the first quarter. I'm excited about that. And we got Bow Wow coming out, Kevin Rudolf and everything that we doing right now." (DJ Semtex TV)