so they never got their money back for cruel summer?
they took some of his yeezus and Pablo money for it but they only took like $500k of Pablo and $1m of yeezus
they still see it as a distribution obligation as of 2016 so I would assume they still have costs on the books that they can take from it
or at least they will get a significant amount of the royalties from a release
If I’m on the label I’m not taking any of the advance money they try to give for the album. You already in the hole before the album comes out.
take what you need! if you need studio time, equipment etc then go for it
but view it as a loan cause thats what it is
Need Queen Taylor to reach out. Her battle likely played a part in Kanye going down this route.
Imagine Taylor and Kanye working together not as friends but as MUSICIANS and ARTISTS to fight for their masters. Fight for everyone’s.
Legendary movement
Need to manifest this
Amazing thread @op I’m in group chat with a few lawyers and no one explained it this in depth
im sure they can get some more insight from it than me lol there was a bunch of stuff in there that was just confusing to try and follow along
but thank you ❤️
they took some of his yeezus and Pablo money for it but they only took like $500k of Pablo and $1m of yeezus
they still see it as a distribution obligation as of 2016 so I would assume they still have costs on the books that they can take from it
or at least they will get a significant amount of the royalties from a release
right they always end up getting their money from the next album
is it possible to tell from these contracts and sales data how much ye made off of his music throughout his career?
Kanye gets the masters of yeezus and tlop 20 years after release
yea lmao basically worthless
God I f***ing love @safe
Kanye gets the masters of yeezus and tlop 20 years after release
This tho, what the hell
Did he really have to make 52 albums or
im not sure where thats from lol
the longest contract obligation I could see in there was the original roc-a-fella contract which had label-side options for up to 7 albums
I might have missed something tho
TYSM OP
Dont see the issue here. Some sus stuff about the Yeezus/TLOP masters. But looks like the label isnt even making a profit on his albums, just trying to make their money back.
Is recording that expensive
I guess it depends right
like he spent two weeks there so flights for his team, studio/hotel space, food, alcohol etc is probably a fair amount
then equipment if he had to buy any
maybe that includes features and/or producers that he had to hire
it can rack up pretty quickly - s*** a Drake feature alone runs 7 figures
Amazing thread @op I’m in group chat with a few lawyers and no one explained it this in depth
You link this to them
fascinating, thank you OP
Ye annoys me nowadays but tweeting out his contract page by page has to be a good thing in the long run
Need Queen Taylor to reach out. Her battle likely played a part in Kanye going down this route.
Imagine Taylor and Kanye working together not as friends but as MUSICIANS and ARTISTS to fight for their masters. Fight for everyone’s.
Legendary movement
facts
I wanna see unionization
you get kanye, drake, Taylor, kendrick, Cole and some other big names together on this s*** and you have an enormous amount of leverage
I guess it depends right
like he spent two weeks there so flights for his team, studio/hotel space, food, alcohol etc is probably a fair amount
then equipment if he had to buy any
maybe that includes features and/or producers that he had to hire
it can rack up pretty quickly - s*** a Drake feature alone runs 7 figures
7 figures
no wonder drake just be jumping on s*** he likes as a favor at this point
im not sure where thats from lol
the longest contract obligation I could see in there was the original roc-a-fella contract which had label-side options for up to 7 albums
I might have missed something tho
Yeah before the thread was locked I told someone that I couldn’t confirm the validity of the 52 album deal, as it was just running rampant on twitter and in the thread itself
Also makes sense that his contracts not as good as Drakes, he probably doesnt come close to the amount of money Drake would bring in
I guess it depends right
like he spent two weeks there so flights for his team, studio/hotel space, food, alcohol etc is probably a fair amount
then equipment if he had to buy any
maybe that includes features and/or producers that he had to hire
it can rack up pretty quickly - s*** a Drake feature alone runs 7 figures
Fair enough I was doubting if a feature would be listed there as well, that could increase the costs pretty quick. Bot overal flights, staying and renting equipment would be a little expensive to be half a milli for 2 weeks
7 figures
no wonder drake just be jumping on s*** he likes as a favor at this point
Pretty sure drake doesn’t charge but he asks for royalties. Clb fam correct me if I’m wrong
right they always end up getting their money from the next album
is it possible to tell from these contracts and sales data how much ye made off of his music throughout his career?
mmmm it would be a very inaccurate figure but im sure someone could get an estimate
the issue is that some of these contracts are incomplete and sales data is often incomplete. these also dont specify costs for the label for a lot of this stuff so its hard to say when he would've started to recoup losses
I think its safe to assume that most of his money music wise is from advances
the rest is probably the stuff he could actually profit off like touring and merch
Cant wait for a music biz lawyer to make a 3 hour YT vid breaking down all the pages
It just seems like Kanye been losing them money. Like they cant even be making that much from his music post Yeezus bc of streaming
@op be having the best threads.
7 figures
no wonder drake just be jumping on s*** he likes as a favor at this point
I mean I doubt he'd just do one for anyone it seems like he wants to like the person and like someone above said he might want royalties instead or he'd just do it for free
but yea feature prices are insane