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  • Apr 4, 2020
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    2 replies
    MiguelMeyerz

    So my guess from looking at this is that he has Distribution deal with Universal.

    He owns the Masters and Universal/Republic gets the license for it for a period of time.

    So this goes for anything dropping now and into the future? What about all his previous stuff can he get that back if he doesn’t already have it now?

  • Apr 4, 2020
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    2 replies
    CKL TML

    Out of his deal with birdman while pusha still signed to 8 people

    I’m not a push fan at all but isn’t he president of good music or did that deal expire

  • CKL TML 🌺
    Apr 4, 2020
    LottyDotty

    I’m not a push fan at all but isn’t he president of good music or did that deal expire

    And what did he accomplish with that? Good music fell off as a label as soon as he took over. Desiigner, katy hill, sheck wess, teyana taylor all have been complaining

  • Apr 4, 2020
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    3 replies
    OVOTOPIA

    So this goes for anything dropping now and into the future? What about all his previous stuff can he get that back if he doesn’t already have it now?

    Lol no.

    I don't think he can ever get it back from CM/Universal.

    For reference Taylor Swift's back catalogue is worth like 300M.

    If he wanted his he would have to buy them back.

  • Apr 4, 2020
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    2 replies
    MiguelMeyerz

    Lol no.

    I don't think he can ever get it back from CM/Universal.

    For reference Taylor Swift's back catalogue is worth like 300M.

    If he wanted his he would have to buy them back.

    You can't know that for sure. It all depends on the terms of the deal he signed with them. Some artists sign away their masters upon signing with a label but state in their contract that the label only owns the masters throughout the term of their contract and ownership comes back to them after their deal is up. That might be what he signed. Even if it isn't, his situation is far different from Taylor's. He could have worked out a deal with Universal to get back ownership of his masters for resigning back with them directly. You never know, but knowing Drake, it's probably something he'll rap about if/when he owns it because that's something to brag about.

  • Apr 4, 2020
    OVOTOPIA

    So this goes for anything dropping now and into the future? What about all his previous stuff can he get that back if he doesn’t already have it now?

    He put those out under Universal. I don’t know how those albums and songs wouldn’t be their’s.

  • Apr 4, 2020
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    1 reply
    LottyDotty

    I’m not a push fan at all but isn’t he president of good music or did that deal expire

    Ye is still and has always been the owner of Good Music. Pusha was only given an embellished job title with no form of label ownership. He is still signed to Kanye, who is signed to a bunch of other people stuck in contract hell as he was complaining about a few years ago. All of those labels Kanye is signed to take a percentage from anything made by Good Music, including its artists such as Pusha.

    As mentioned before, once Pusha was given the title of president the artists on Good Music have been more outspoken than ever before about how upset they are with how they've been treated by their label

  • Apr 4, 2020
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    1 reply
    thegreatdivine

    You can't know that for sure. It all depends on the terms of the deal he signed with them. Some artists sign away their masters upon signing with a label but state in their contract that the label only owns the masters throughout the term of their contract and ownership comes back to them after their deal is up. That might be what he signed. Even if it isn't, his situation is far different from Taylor's. He could have worked out a deal with Universal to get back ownership of his masters for resigning back with them directly. You never know, but knowing Drake, it's probably something he'll rap about if/when he owns it because that's something to brag about.

    Well I don't know. But I think it's unlikely he got the "Get it back after the contract is up" deal.

    But I guess Cash Money also owns some part of his catalogue right? What are the chances Birdman gives them up.

    Also Universal paid off the Lil Wayne settlement. They will be looking to make their money back from Young Money.

    But this is speculation by me.

  • MiguelMeyerz

    Well I don't know. But I think it's unlikely he got the "Get it back after the contract is up" deal.

    But I guess Cash Money also owns some part of his catalogue right? What are the chances Birdman gives them up.

    Also Universal paid off the Lil Wayne settlement. They will be looking to make their money back from Young Money.

    But this is speculation by me.

    Nah. Cash Money doesn't own the masters. I've heard several times that part of Cash Money's reason for getting as much money as they'd get fr Universal was that they signed off the rights to ownership of their artist's masters. This was way before Drake signed so I don't know if that applied to him as well but I can't see him not trying to get back the rights to those old masters.

  • Apr 4, 2020
    ovosound

    Ye is still and has always been the owner of Good Music. Pusha was only given an embellished job title with no form of label ownership. He is still signed to Kanye, who is signed to a bunch of other people stuck in contract hell as he was complaining about a few years ago. All of those labels Kanye is signed to take a percentage from anything made by Good Music, including its artists such as Pusha.

    As mentioned before, once Pusha was given the title of president the artists on Good Music have been more outspoken than ever before about how upset they are with how they've been treated by their label

    Bruh chillax its not that serious

  • Apr 4, 2020

    as he should at this point

  • Apr 4, 2020
    thegreatdivine

    You can't know that for sure. It all depends on the terms of the deal he signed with them. Some artists sign away their masters upon signing with a label but state in their contract that the label only owns the masters throughout the term of their contract and ownership comes back to them after their deal is up. That might be what he signed. Even if it isn't, his situation is far different from Taylor's. He could have worked out a deal with Universal to get back ownership of his masters for resigning back with them directly. You never know, but knowing Drake, it's probably something he'll rap about if/when he owns it because that's something to brag about.

    his masters are going to a private equity firm

  • Apr 4, 2020
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    1 reply
    MiguelMeyerz

    Lol no.

    I don't think he can ever get it back from CM/Universal.

    For reference Taylor Swift's back catalogue is worth like 300M.

    If he wanted his he would have to buy them back.

    Lmao Drake apparently according to HDD and Akademiks resigned multiple times with CM/YM and I think he already owns a large portion of his back catalogue not 100% tho I don't think he ever will its better to leave spme pointa for the label as they will have better incentives to market the music and also they would put more effort into re-releasing old albums in the future and also a Greatsest hits album etc

  • Apr 4, 2020
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    1 reply
    Lucien98

    Lmao Drake apparently according to HDD and Akademiks resigned multiple times with CM/YM and I think he already owns a large portion of his back catalogue not 100% tho I don't think he ever will its better to leave spme pointa for the label as they will have better incentives to market the music and also they would put more effort into re-releasing old albums in the future and also a Greatsest hits album etc

    I know he might have some of his publishing.

    But he almost certainly can't own the masters for those.

    It doesn't make any sense for universal to give them to him. iMO

  • Apr 4, 2020
    MiguelMeyerz

    I know he might have some of his publishing.

    But he almost certainly can't own the masters for those.

    It doesn't make any sense for universal to give them to him. iMO

    As I said, Drakes contract was redone multiple times
    In 2013 before nwts
    In 2015 before iyrtitl
    In 2018 after more life

    I am VERY SURE Drake could have leveraged for whatever percentage of masters he wanted irrespecive of Advances. Did you not hear how the CEO of the UMG, Lucian talks about him? 😂 Birdman even said it best "he kept the lights on in here for the last 5-6 years consistently" and you think they wouldnt bend backwards for him?

  • Apr 4, 2020

    Im not sure if drake owns the rights to his back catalog or not but im sure its worth a s***load
    Def has to be in the 300m range like taylor swifts
    Albums like take care and nwts still pushing numbers in streaming

  • Apr 5, 2020

    Chess not checkers.

  • Apr 5, 2020
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    1 reply

    Hopefully real details come out so we can bury the whole “drake signed to a million people” narrative in the ground.

    Watch this next work.

  • Apr 5, 2020
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    2 replies

    Owning your masters is a dangerous move for someone of his caliber.

  • Apr 6, 2020
    jonathan

    Hopefully real details come out so we can bury the whole “drake signed to a million people” narrative in the ground.

    Watch this next work.

    Drake always a solid deal from the jump

    From 2009, his first deal:

    "They have given me one of the greatest situations in hip-hop," Drake, 22, said of his team.

    Under the unusually lucrative agreement he struck with Aspire/Young Money/Cash Money Records distributed through Universal, Drake received a $2-million advance. He retains the publishing rights to his songs and cedes only around 25% of his music sales revenues to the label as a "distribution fee," his managers said. By contrast, the overwhelming majority of new artists sign financially restrictive "360 deals" that sap their touring and merchandise income and offer much more restrictive profit-sharing.

    A dissection of how the rapper was able to drive such a hard bargain underscores an evolution in the music industry. At a time when CD sales have declined by 15% over last summer's numbers and major labels remain more fixated on scoring hit singles than sustaining artist rosters, managers such as those working with Drake have stepped into the void to become king-makers in urban music.

    "The record company doesn't have any ownership of Drake," Bryant said. "The label does not have participation on profits. They don't have ownership of his masters. We control his entire career. Those deals don't happen anymore."

    latimesblogs.latimes.com/music_blog/2009/07/drake-from-teen-tv-star-to-rap-royalty-.html

  • May 26, 2020
    voodoo

    Owning your masters is a dangerous move for someone of his caliber.

    Why

  • CKL TML

    Out of his deal with birdman while pusha still signed to 8 people

    Lol i always thought that was a hypocritical diss like nigga aint signed to a nigga that's signed to another nigga too???

  • Htownwolf

    Drake gonna make a killing off records now lol
    Only has to give the label a cut for distribution

    Which is a rip off in the streaming era

  • May 26, 2020
    voodoo

    Owning your masters is a dangerous move for someone of his caliber.

    why?