It's a bad business There are payday loans more reasonable than 360 record deals and that saying something considering how s***ty they are and they fact that they are even outlawed in some states. They may get shirts and s*** for free but things that are provided by the label are s*** that they have to pay back and often paid for by said loan. You being jealous of the lifestyle they live doesn't mean they are being fairly compensated for the work they do
how is not caring about some millionaires complaining about their industry, being jealous?
They know what they getting themselves into, artists sign the contract because of the perks and the fame which allow them to make even more money.
Why should we suppose to care about the “struggles” of multi-millionaires when there’s people who work even harder without the benefits?
Sure they’re paying it back or it’s their own expenses, the everyday person is doing the same s***
Y’all be too attached to these artists
sure but it's harder to be hugely successful without label help
Yea, The Weeknd said in a interview I think in regards to starboy that if he didn’t do what his label suggested he wouldn’t be half as successful on billboard
It was the Zane Lowe interview but the full thing isn’t even on YouTube anymore
For every major artist who makes it and their masters are worth anything there are hundreds upon hundreds of flops who those labels wasted money on. If they aren’t turning as much profit on their successful investments then they’ll inevitably have to make less investments and be more frugal about the ones they do.
At the end of the day no one is forcing these artists into these deals. They willingly sign them because they want the opportunity the label offers. If you don’t like the terms of the agreement, go a different route.
how is not caring about some millionaires complaining about their industry, being jealous?
They know what they getting themselves into, artists sign the contract because of the perks and the fame which allow them to make even more money.
Why should we suppose to care about the “struggles” of multi-millionaires when there’s people who work even harder without the benefits?
Sure they’re paying it back or it’s their own expenses, the everyday person is doing the same s***
Y’all be too attached to these artists
Why bring up some fanatical see the world and getting free s*** if there's no modicum of jealousy at play? And you should care because it's ethically not fair and not every single one of these niggas are multimillionaires or do you forget that people signed to indie labels and smaller artists on larger labels exist?
S*** a lot of these artists work harder than the people who oversee their music at executive positions (shout out a&rs tho) so why are you riding the record labels d*** if we're going by the same logic?
People go into payday loans knowing what they are getting into but they are still illegal in many states due to how f***ed up and predatory they are
In regular loans you pay back the money you initially owed + at a interest rate ontop. But in record deals you PAY BACK AT A RATE. For an example I can give you 1000 for a song, with a royalty rate of 10% to pay it back at. By time I get back the 1k, you still owe me 900 So by time you recouped, I got 10k. And still owe your masters so ontop of that I can sell the copyright of your music, when I license your music, you may get a songwriting royalty but I'm still getting the most because it's mine. Now lets inflate that to maybe 300k to millions with around the same royalty rate.
Now can you see how a lot of these niggas end up in debt?
Stop d***eating. You can easily fight for the "common person", the artist signed to a label on bandcamp, or a person signed to a major.
For every major artist who makes it and their masters are worth anything there are hundreds upon hundreds of flops who those labels wasted money on. If they aren’t turning as much profit on their successful investments then they’ll inevitably have to make less investments and be more frugal about the ones they do.
At the end of the day no one is forcing these artists into these deals. They willingly sign them because they want the opportunity the label offers. If you don’t like the terms of the agreement, go a different route.
These labels get tax incentives from artists flopping, they are spending way less now than ever because of they don't do artist development anymore among other reasons like music videos not being as extravagant as they were in like the 2000s, even if you go the DSP argument, many of them invest in them and help set s*** to the way they are as far as majors And read my post above.
In reference to this post I saw on Instagram
https://ibb.co/28wrBB0
I get that you don’t make all the money off of the music but still
Lil Wayne and Drake made millions off of pandora and I don’t think they owned their masters
Kanye became a billionaire without owning his masters as well, like he made so much outside of music.
I heard lil baby makes a lot off of his concerts, lil uzi too.
People talk a lot about this a lot today even Taylor Swift owns her masters for what she’s gonna re record so it’s got me thinking, what do you guys think?
an artist even at the highest level imaginable puts in a lot of work with their individual team to be successful. When you don't own your music, you are doing the work of a CEO and getting paid the equivalent of an employee's wages. and on top of that, you are putting in work as an investment for someone else's financial gain who has probably only met you once or twice. when your career peaks and you can't make money on tour anymore, the label makes more residual money off your music than you ever will. lots of musicians that fall off are financially ruined but their label is still profiting off their previous success
Crine niggas don’t want socialized healthcare but will fight tooth and nail for helping their millionaire idols make more money
This is what’s wrong with America
Crine niggas don’t want socialized healthcare but will fight tooth and nail for helping their millionaire idols make more money
This is what’s wrong with America
People outside of the US that can't understand the concept of wanting both and that MOST artists aren't millionaires
Crine niggas don’t want socialized healthcare but will fight tooth and nail for helping their millionaire idols make more money
This is what’s wrong with America
Like, make it make sense
Can make money through other ventures
Doesn’t matter if your catalog becomes a multimillion dollar asset in and of itself
People outside of the US that can't understand the concept of wanting both and that MOST artists aren't millionaires
whole thread is so lost
Just like a paycheck for the everyday person is a “loan” when you have bills and s*** to pay
These artists are still making money, travel the world, get tons of s*** for free, and have fans who give them more money, like boohoo are we supposed to feel bad? It’s a business
How is a paycheque a loan do you pay back your workplace????
And what artists don't? Your argument makes no f***ing sense. Artists have to PAY back their advances. YOU don't have to payback your employer.
How is a paycheque a loan do you pay back your workplace????
I didn't even catch that
And what artists don't? Your argument makes no f***ing sense. Artists have to PAY back their advances. YOU don't have to payback your employer.
Y’all completely missing the point
Nerds
Y’all completely missing the point
Nerds
bro do you have a learning disability because i don't see whats not clicking
bro do you have a learning disability because i don't see whats not clicking
Y’all clearly don’t see what’s clicking because you guys are so blinded by being attached to these artists and their lives, it’s embarrassing