Reply
  • Sep 17, 2020

    imagine if Kanye gets ownership of everything another W

  • Sep 17, 2020
    The Bouse

    From my friend who read through every single contract and is in the music business.

    “Basically he signed a pretty bad deal with rockafella right when he released college dropout. And they’re owned by def jam/universal. It was for 7 albums, which is a lot and his royalty % was pretty low. But he got some huge advances. Then when we was getting towards album 5 or so, they renegotiated it. Prob bc he was huge at that point. He got a bunch more in advances and he gets ownership of albums 6 and 7 masters 20 years after release of album 7. Then after album 7 they started GOOD, which was a joint venture between GOOD and universal, but Kanye will own all his masters from album 8 onward. I guess he just really wants to own the masters for the first 5 albums, which makes sense, but that’s not how the contract works. Literally the same thing that happened to swift. Also universal fronted him soooo much money for his recording budgets, plus random GOOD music projects and film things that never came out, so he just dug himself a huge hole”

    Also Cruel Summer movie and “Yeezus Lost Tapes” are mentioned in the contract.

    Was there two GOOD labels?

    after Album 7 would be way too late, he used to say people like John Legend were signed to his label on songs and interviews in the College Dropout era.

    That seems really early to get your own imprint, but they must have based it on his success as a producer and maybe saw him as someone who would end up putting out producer compilations

  • Sep 18, 2020
    ·
    1 reply
    BlackStar

    https://www.thefashionlaw.com/what-do-the-contracts-at-the-heart-of-kanyes-twitter-rant-actually-say/

    “...amendments to his recording agreement, among them were those that established the terms of his 6th through 10th albums – or what we now know was Yeezy, The Life of Pablo, Ye, Jesus is King, and the not-yet-released Donda. “

    Ah yes his 6th studio album “yeezy”

  • Sep 18, 2020
    Swaygan

    “...amendments to his recording agreement, among them were those that established the terms of his 6th through 10th albums – or what we now know was Yeezy, The Life of Pablo, Ye, Jesus is King, and the not-yet-released Donda. “

    Ah yes his 6th studio album “yeezy”