The smart thing to do, as an artist get signed save your money do your job for how long your contract is for and when it’s over use your money that you saved to make your own label and become a boss learn the business before you step into it
Questo Young great if you want to be independent and you’re content with your fan base, if you want to be a household name then eventually you’ll need a machine
What happens if you get a poor advance, get locked into a 1+6 deal and an exclusive license? Sure, $20k advance looks shiny, but if it takes me 10 years to complete my record deal, I don’t recoup $20k, and I can’t work for other labels for the duration of my contract, I’ll never see a dime from the label.
They not gone tell you the truth. ARTIST are being screwed royally Labels need artists Artist don’t NEED labels Labels NEED artists to BELIEVE they need labels Labels NEED artists to be dependent upon them in order to continue to drain money out of a culture that they don’t invest in nor want the best for Most wont tell you this because they risk losing money/opportunity 🤷🏾♂️
Lukas W with all the successful indie artists we have today you’re honestly going to make that statement? I guess chance the rapper doesn’t exist since it doesn’t work 🙄
I disagree with artist not needing labels. Yes you can have a career being independent, but there is a reason why pretty much every big artist is associated with a label. The marketing machine is just unmatched. Kanye, Jay, Beyonce, Drake, Justin Beiber, Taylor Swift, Cole, Kendrick, Adele, The Weeknd, Ariana Grande etc are all signed to major record labels. If you want to be the household name who sells out stadiums around the world, then yes you need the marketing machine to push you as well. Independent artists just don't have those connects to get radioplay and what not
Duncan Wells Touring has always been where the real money is for years now but these artists today are too busy chasing streams instead of putting all of their time on stage!
Ben Dixon So are we just gonna ignore the fact that I’m a young producer trying to make the most of my summer and would really appreciate if y’all could check out my beats and show some love/ constructive criticism. It will be greatly appreciated!
Xzyson // "mindset" is pretty hard fam you just need to invest in better equipment my g and remember it only takes one beat for a nigga to fuck wit an you on, do yo thang my guy
As the author said, most of this money is coming from the live side of entertainment. The thing about live shows is there are a lot of people who need to get paid for a gig to succeed. The agent has to schedule each show and negotiate the deal with the venue for how much the artist will be paid. The promoter pays for/works out the details of each show and makes sure people show up. The manager works on developing the artist's live show, brand and business. The record company develops recorded music and makes sure the right people are familiar with it. The venue handles the logistics and actually houses the show. There are a lot of moving parts that all need to be paid. It might seem weird that the artist is only getting a fraction of the revenue, but there are so many jobs to do and if one of them doesn't get done well, everyone's bottom line suffers. And within those roles the promoter is often the one who is taking the real risk. If it costs $50,000 to rent an arena, $10,000 to handle the concert's production, and $30,000 to market a show, the promoter is paying out $90,000 for that show, not the artist. And if not enough tickets are sold to cover expenses, the artist still gets their fee, the promoter eats the loss. So when there is gain, a big chunk of it goes to the promoter, hence why Live Nation is seeing massive growth right now.
Important conversation. Bottom line is that money needs to be distributed more evenly than it currently is. Signing the MMA into law will push the needle in the right direction but artists need a way to directly monetize their audiences rather than being platform-dependent.
Gotta have a name before you can do something like that, and this industry is evil there would be no way you’d be able to do it unless you were splitting the money with someone bigger than you,
yeah: 1. You dont have to join a label 2. If You Join one, you will soon realise that its a fair split. because 12% of 1.000.000 $ is still more than 100% of 2000$ Also you have to pay a LOT of people from this money, song recording, videos, managers, producers, ....
@IVORY ! By the time you pay for producers, marketing, publishing, promoting you won't be left with much but yes of course you can then keep all of it.
Just keep it real and straight to the point man. Records labels and everyone else steal and rob artists of their hard earned money. The business model of the industry has always been that way. The artist does most if not all the work while receiving the least and getting it last. It's never been in the industry's interest to be fair to or make the artist rich. It's the complete opposite as a matter of fact. No different than an employee at a 9 to 5. It's either you work for someone else or work completely for yourself. That's the system.
It’s so crazy! I’m 💯 indie and invest out of my own pocket for everything I do. Knowing I have the option to be an owner instead of going the traditional route which is full of ppl that don’t actually care about the artist is literally everything. If a major gets involved it has to be a partnership and not a traditional deal. Better to build leverage it seems.
Know that this is late but it is a business relationship. If you can't get on the billboard top 20 consistently, goodbye. If you go independent you need to learn how distribute and market your music. Networking is good too.
@@crzune know that this is late but you totally didn’t get what she said. She’s talking about progressive building to build leverage. Your music is your passion that builds your business. The bottom line is what matters. Can I make money off of you? Homie don’t get caught up in awards and charts. Peace and love
9 times out of 10 it's the melody that the musician or producer composed that give the singer or rapper what's needed to harmonize on a song they just have to fill in the words. Now some the best like Michael Jackson & Eminem will have the melody in their head and just need a musician to play what their mind came up with.
Partly, it’s right, cause most part of artist are not business man... I think this will make people think more link business man, like Jay, like chance... instead of thinking as an artist
Streaming is ripping off artist. Y would people EVER buy a record when its free. Ask yourself who would EVER go 2 the movies when u can stream it for free? Then play crazy when nobody goes 2 the movies. Labels created this to minimize paying the artist. Straight robbery!
Folks need to really know their history and get their knowledge on topics like these. This is something I talk about 24/7 365 a year because I know that the industry and anything with a business thrives off of. Period.
Chefs and cooks only made a small percentage of a restaurants total food sales. This is the World we live in. The owners make all the $ that their workers do for them
yh well most "musicians" dont even produce their own music. and yet there r producers with hella less money than some of these rappers who cant even write their own lyrics and no one seems to care bout that
Dv P majority of producers work very hard to get a profesional music for singers and they earn a ridiculous amount of money and no recognition. EDM producers and beatmakers are the only ones who are known by people. About most of beatmakers I agree (not all of them).
not necessarily because even though these Artists aren't seeing the wolf's share of the revenue, they're making far more than they would independent. Drake made $58 million this year...no one is making that independently (other than Jay)
Vaughn Simmons Beyonce is doing it with Parkwood entertainment but she's also a bigger touring artist than Drake, he's kinda struggling in that department right now, canceling a lot of shows with the migos!
Jay-z? He got backed by a Rockefeller.. If Biggie, Pac and Eazy didn't get murdered off their wouldn't be a Jay-Z.. Wouldn't be a lot of these fake closet cases out here acting tough..
You're all referring to veteran artists. All these new"lil" rappers w/ face tattoos are literally get a 20k cut and either go big or just vaporize. It costs weekly to keep your $h!t on the charts. So it is all a money gamble. Yes if you sign. Stick out the contract. Then Fire your manager. start your own label . Keep close to the ones who built you up and play as many shows as you can book in a year. Keep busy keep your nose clean and see the increase
It is always been the case, the artists get a small percentage of the record sales . It was always the live shows and the touring where the bands made the big bucks!
Do what you gotta do to pay for studio time and mixing...but personally speaking a regular 9-5 80 hrs full time job is gonna definitely take away time from the grind.
It costs a fortune to break a new artist/record. Most artist don't have that front money to push their records thru all the available marketing and distribution channels in a short period of time. The label is just a MARKETING firm for artists providing services/support. An artists would take on the role of the label and have to hire staff and pay operational overhead. Back in the day wasn't the artist signing to an artist manager who worked for the label they were signed to the throwback 360 deal ??? All those artists support people like artist mgrs, business mgrs, entertainment attorneys, accountants, agents etc...all take their % from Gross not Net...that's the other financial rookie move artists make... how you going to pay them from what you didn't get.
no knowledge here man talking what a bs youtubers would talk, man it's genius wtf is this get better we as consumers expect more, set up was good by the resume but they are not dropping gems , hugely disappointed. Not to diss ya'll but I post this for u to realize that ya'll dropped the ball with this one. I'm an aspiring musician and this one was hard to sit through.
Just because you flipped the burgers in McDonalds doesn’t make you deserving of more of the revenue. Burger flipper - Musician Cashier - Distributor Manager - Executive producer HR - A&R Record label - you catch my drift...
Traplover7 you missed the point. It’s a business. The musicians work for the labels. And yes you can compare the burgers to singles, albums and streams. People will be back for more.
If you are going to sign, make sure you are getting the best people around you possible... if they gone take all your money make sure you can generate income outside of rap... Use your platform.
Really good episode! I like how different it is! Please have an updated one after all the MMA has passed. What it's done for the music industry and what we're seeing has changed and will change in the coming years to come
Don't have the exact figures but Parks from the Joe Budden Podcast mentioned on their most recent episode that this "12%" figure is coomprable to other industries. Lawyers make around that much of the revenue generated from Court cases, doctors make around that much of the money generated in hospitals. I know we look at musicians as deserving of a wolf's share of the money generated off the backs of their art, but there is a lot that goes into tracks being put before you outside of just stepping into the booth and putting it online.
seethrufaded That's a illogical comparison though. The healthcare industry generates trillions of dollars a year. The Music industry only generates billions. So 12% of trillions is incomparably more than 12% of billions. Don't just listen to what people say, you should think for yourself. Those industries generate more than the music business, and the people that are apart of those are probably share holders of music labels. Making 12cents on the dollar isn't what doctors or lawyers make. They earn up to $80-$100hr and they don't have to payout to 5 or more different people. Don't listen to Joe buddens podcast and take it serious.lol
Everybody saying start your own label acts like it is the for sure route to making money lol. what y'all need to be saying is "Start your own label if you're prepared to spend 10-20 years of hard work, and spending ALOTT of money for promotion with influencers, radio, hosting your own events, etc. etc." There's a harsh reality to get over when starting your own label. It isn't that simple dudes. Unless you know people in the industry, have hella money already saved to throw away, or someone puts you on, prepare for the tough Tech n9ne grind. Majors have a lock and gatekeepers that have been there since their creation that keep things the way they are for the most part. Making your own label is just the beginning of the solution..it is not THE solution. I'm not saying to sign at all, just that it isn't as simple as yall's simple comments make it out to be. Trust me, I know. #BlackBusiness5OutNow
I wish they wouldve discussed having a sound business model prior to looking to get into bed with a major. For example, what are the fundamental parts of a business that would get a musicians portfolio, or "demonstration" as Tiffany called it, off the ground to prove to an A&R that the talent is worth the investment. What do these demonstrations look like on paper, what does the artist need to present in these meetings with industry officials. Is it just a social media page, or is it actual numbers with analytics? get into detail..
This is an eye opener for real!!! Now I completely understand why Dame Dash be calling out all these record execs as being culture vultures ... They be pimpin’ these artists and exploiting they’re talents man!!! It’s kind of sad
I'm confused. These labels invest six and seven figures behind broke artist, and y'all are upset that they get the lion's share of profit for the act THEY invested millions in? It's fucking business, some of y'all never gonna get that big bag if you don't understand this.
Why the hell would they have that rapper on there instead of having Ashanti, Mýa , Dawn Richards and others that used to be with labels and got kicked out and started thier own label. Talk to them ... but this is a learning lesson for me as an artist.
I mean, if i have a business, i wont get 100% of the cash i make also. i have to pay accountants, salespeople, buy new inventory, insurance ..... there is a lot to cover from this !! so its fairly normal you wont get all the money
It seems - incomprehensive - that there isn't for instance, any government, website, for artists to sell their art, with less than a 50% take by whoever has the connections - ? - stress-time, to invest in one of those sites, taxes being what they are. There are thousands of ways we could as capitalist, too, become an equally high producing mature equal world of nations. Can you imagine if a nation did not just parcel out necessarily at the closest skimming of all principles for hell! of securing that high a percentage of such a large industry/responsibility that completely! failed in this country under capitalist suppression - the damn' point.
Beware hate-stupidity tests, like they just wiped out the full bank of all the life force, ever, to heaven, in relation or not to the average chance of an offense or success as an at all good life.
of course they get only a smaller portion, because the artist is actually a small part of the value creation. There is so much more, and so many people involved in earning money with music, the artist is critical, but without everybody else there would be none of them earning a single penny
You also get a loan when you sign ... you have to pay all that back. So... I have no respect for anyone who signs. 80% that do also have writers who write shit for them. All these artists are these lables products. All they are trying to do is create the perfect artist .. but it actaully goes way deeper. Who knows what there intentions really are..
On the surface this looks bad. Real bad. But...when I put up all the money and assume all the risk, I deserve a large piece of the money. At least on the first contract. Tons of stories of artist that just didn’t pop. No one counts the money that’s the label (small or large) lost. Looking at profits is one thing, but let’s also discuss the losses.
Julia Røse So are we just gonna ignore the fact that I’m a young producer trying to make the most of my summer and would really appreciate if y’all could check out my beats and show some love/ constructive criticism. It will be greatly appreciated!
I already knew these artist don't make money , why do you think Kanye made a song called New Slaves . And think about it there money has to go through a lot of people before they can even get paid . So I guess if you trying to make them coins you need to work behind the scenes .
Shanelle Shanelle Nope, not anymore because producers & video directors don't get paid like they used to either! The money is in touring! Record labels are always going out of business but Live Nation is making money hand over fist every year!
TRAP SOUL bro The Weeknd lil Wayne drake will never go independent. You know why? Cause they already signed they life away with a label aka the Illuminati. Them going independent will wake up the rest of the industry and labels will start losing and that’s bad business
So are we just gonna ignore the fact that I’m a young producer trying to make the most of my summer and would really appreciate if y’all could check out my beats and show some love/ constructive criticism. It will be greatly appreciated!
12 percent of billions of dollars tho. Is it fair ? no. But it's a helluva lot more than u would make independent. I'd sign to major label in a heartbeat.
If you want to more imformation about being successful in the Music Business, check out Master P's interviews and "Top Ten Rules for Success". They literally have free gold on UA-cam
The smart thing to do, as an artist get signed save your money do your job for how long your contract is for and when it’s over use your money that you saved to make your own label and become a boss learn the business before you step into it
Questo Young great if you want to be independent and you’re content with your fan base, if you want to be a household name then eventually you’ll need a machine
What happens if you get a poor advance, get locked into a 1+6 deal and an exclusive license? Sure, $20k advance looks shiny, but if it takes me 10 years to complete my record deal, I don’t recoup $20k, and I can’t work for other labels for the duration of my contract, I’ll never see a dime from the label.
And get your publishing what you mean and you good
smart move
They not gone tell you the truth.
ARTIST are being screwed royally
Labels need artists
Artist don’t NEED labels
Labels NEED artists to BELIEVE they need labels
Labels NEED artists to be dependent upon them in order to continue to drain money out of a culture that they don’t invest in nor want the best for
Most wont tell you this because they risk losing money/opportunity 🤷🏾♂️
seems good, doesnt work
its not that easy mate, trust me ;)
noone forces them to join a label, they just realise its not a bad idea
Lukas W with all the successful indie artists we have today you’re honestly going to make that statement? I guess chance the rapper doesn’t exist since it doesn’t work 🙄
I disagree with artist not needing labels. Yes you can have a career being independent, but there is a reason why pretty much every big artist is associated with a label. The marketing machine is just unmatched. Kanye, Jay, Beyonce, Drake, Justin Beiber, Taylor Swift, Cole, Kendrick, Adele, The Weeknd, Ariana Grande etc are all signed to major record labels. If you want to be the household name who sells out stadiums around the world, then yes you need the marketing machine to push you as well. Independent artists just don't have those connects to get radioplay and what not
Your cover photo says otherwise 🤷🏾♂️😂
Who the hell buys music anymore tho ?
Crazy how the music industry has changed so much over the years...
Shaquan yeah I suppose that's true
Duncan Wells Touring has always been where the real money is for years now but these artists today are too busy chasing streams instead of putting all of their time on stage!
Belize2787 I agree dude
Duncan Wells it really hasnt
Belize2787 that’s why Beyonce said fuck these labels I’m touring
FELLOW INDEPENDENT ARTIST'S, PRODUCER'S & MUSICIAN'S, WE HAVE TO COME TOGETHER & BUILD OUR OWN TO HELP OUR OWN!
We need more CEO rappers than street Gangsters
King Ech Amen!
Respect for this. You guys should have a series called "What the business doesn't want you to know, but you should".
holy shit that room they’re in is insane, would kill to have a record collection that big
Ben Dixon So are we just gonna ignore the fact that I’m a young producer trying to make the most of my summer and would really appreciate if y’all could check out my beats and show some love/ constructive criticism. It will be greatly appreciated!
Ben Dixon you'd really kill somebody for those records?
Xzyson // "mindset" is pretty hard fam you just need to invest in better equipment my g and remember it only takes one beat for a nigga to fuck wit an you on, do yo thang my guy
Xzyson // yeah we gon ignore that
Ben Dixon same like thats serious dedication
As the author said, most of this money is coming from the live side of entertainment. The thing about live shows is there are a lot of people who need to get paid for a gig to succeed. The agent has to schedule each show and negotiate the deal with the venue for how much the artist will be paid. The promoter pays for/works out the details of each show and makes sure people show up. The manager works on developing the artist's live show, brand and business. The record company develops recorded music and makes sure the right people are familiar with it. The venue handles the logistics and actually houses the show. There are a lot of moving parts that all need to be paid.
It might seem weird that the artist is only getting a fraction of the revenue, but there are so many jobs to do and if one of them doesn't get done well, everyone's bottom line suffers. And within those roles the promoter is often the one who is taking the real risk. If it costs $50,000 to rent an arena, $10,000 to handle the concert's production, and $30,000 to market a show, the promoter is paying out $90,000 for that show, not the artist. And if not enough tickets are sold to cover expenses, the artist still gets their fee, the promoter eats the loss. So when there is gain, a big chunk of it goes to the promoter, hence why Live Nation is seeing massive growth right now.
Important conversation. Bottom line is that money needs to be distributed more evenly than it currently is. Signing the MMA into law will push the needle in the right direction but artists need a way to directly monetize their audiences rather than being platform-dependent.
Create your own record label
Collin Bracy That is a lot of work tho, I agree but you'd have to do LOTS of work gettin your music out there, ya gotta be really dedicated
Flame Beats not really ,
Gotta have a name before you can do something like that, and this industry is evil there would be no way you’d be able to do it unless you were splitting the money with someone bigger than you,
Collin Bracy its not as easy as you think
Dominique Harris I didn't say it was easy
yeah:
1. You dont have to join a label
2. If You Join one, you will soon realise that its a fair split.
because 12% of 1.000.000 $ is still more than 100% of 2000$
Also you have to pay a LOT of people from this money, song recording, videos, managers, producers, ....
@IVORY ! By the time you pay for producers, marketing, publishing, promoting you won't be left with much but yes of course you can then keep all of it.
IVORY ! You’re a fucking idiot
Without the lable and everyone involved to music publishing and stuff musicians wouldn't even earn 10% of those 12%.
that's crazy 12 percent is too slow i agree with you
That’s why you have to be an independent artist
Just keep it real and straight to the point man. Records labels and everyone else steal and rob artists of their hard earned money. The business model of the industry has always been that way. The artist does most if not all the work while receiving the least and getting it last. It's never been in the industry's interest to be fair to or make the artist rich. It's the complete opposite as a matter of fact. No different than an employee at a 9 to 5. It's either you work for someone else or work completely for yourself. That's the system.
It’s so crazy! I’m 💯 indie and invest out of my own pocket for everything I do. Knowing I have the option to be an owner instead of going the traditional route which is full of ppl that don’t actually care about the artist is literally everything. If a major gets involved it has to be a partnership and not a traditional deal. Better to build leverage it seems.
Know that this is late but it is a business relationship. If you can't get on the billboard top 20 consistently, goodbye. If you go independent you need to learn how distribute and market your music. Networking is good too.
@@crzune know that this is late but you totally didn’t get what she said. She’s talking about progressive building to build leverage. Your music is your passion that builds your business. The bottom line is what matters. Can I make money off of you? Homie don’t get caught up in awards and charts. Peace and love
SO GLAD TO SEE DYME-A-DUZIN ON HERE!!!
I wish steez was around they would of killed the game for sure
Why is it so engrained in people's heads that they need a label??
The looks in minute 20, smiling at the camera about DT & Congress, were perfect, classic! :D
9 times out of 10 it's the melody that the musician or producer composed that give the singer or rapper what's needed to harmonize on a song they just have to fill in the words. Now some the best like Michael Jackson & Eminem will have the melody in their head and just need a musician to play what their mind came up with.
Partly, it’s right, cause most part of artist are not business man... I think this will make people think more link business man, like Jay, like chance... instead of thinking as an artist
Streaming is ripping off artist. Y would people EVER buy a record when its free. Ask yourself who would EVER go 2 the movies when u can stream it for free? Then play crazy when nobody goes 2 the movies. Labels created this to minimize paying the artist. Straight robbery!
Word & they're still pissed off, even with Apple Music paying them millions upfront!
Spotify introduces an artist to a fan for touring
What? The music industry revenue increased last couple of years.
Todays music industry is bigger than 2007 and we will soon overtake 1990s also
Folks need to really know their history and get their knowledge on topics like these. This is something I talk about 24/7 365 a year because I know that the industry and anything with a business thrives off of. Period.
Appreciate Tiffany Ballard's closing words 🙌
Chefs and cooks only made a small percentage of a restaurants total food sales. This is the World we live in. The owners make all the $ that their workers do for them
Underrated comment but also points to the fact that its business tho the workers could be owners if they worked for it
yh well most "musicians" dont even produce their own music. and yet there r producers with hella less money than some of these rappers who cant even write their own lyrics and no one seems to care bout that
Majority of “producers” are just beat makers. And beat makers are a dime a dozen.
Dv P majority of producers work very hard to get a profesional music for singers and they earn a ridiculous amount of money and no recognition. EDM producers and beatmakers are the only ones who are known by people. About most of beatmakers I agree (not all of them).
Any artist/producer that doesnt own their own pub and is not registering their works or and not writing their own lyrics is expendable.
Fr33 Worker I would disagree with you here.
Producers make shit tons of money lol.
You got to be business oriented! Artist got to be smart man !
Its best to Go independent. You can control your own music put it out when you want to have a solid team behind you ppl you trust
That's why it's best to do it all. Jay-Z on it
not necessarily because even though these Artists aren't seeing the wolf's share of the revenue, they're making far more than they would independent. Drake made $58 million this year...no one is making that independently (other than Jay)
Vaughn Simmons Beyonce is doing it with Parkwood entertainment but she's also a bigger touring artist than Drake, he's kinda struggling in that department right now, canceling a lot of shows with the migos!
Jay-z? He got backed by a Rockefeller.. If Biggie, Pac and Eazy didn't get murdered off their wouldn't be a Jay-Z.. Wouldn't be a lot of these fake closet cases out here acting tough..
You're all referring to veteran artists. All these new"lil" rappers w/ face tattoos are literally get a 20k cut and either go big or just vaporize. It costs weekly to keep your $h!t on the charts. So it is all a money gamble. Yes if you sign. Stick out the contract. Then Fire your manager. start your own label . Keep close to the ones who built you up and play as many shows as you can book in a year. Keep busy keep your nose clean and see the increase
It is always been the case, the artists get a small percentage of the record sales . It was always the live shows and the touring where the bands made the big bucks!
Do what you gotta do to pay for studio time and mixing...but personally speaking a regular 9-5 80 hrs full time job is gonna definitely take away time from the grind.
Star Child right
100 percent and all the energy and thought, it’s inside battle
It costs a fortune to break a new artist/record. Most artist don't have that front money to push their records thru all the available marketing and distribution channels in a short period of time. The label is just a MARKETING firm for artists providing services/support. An artists would take on the role of the label and have to hire staff and pay operational overhead.
Back in the day wasn't the artist signing to an artist manager who worked for the label they were signed to the throwback 360 deal ??? All those artists support people like artist mgrs, business mgrs, entertainment attorneys, accountants, agents etc...all take their % from Gross not Net...that's the other financial rookie move artists make... how you going to pay them from what you didn't get.
no knowledge here man talking what a bs youtubers would talk, man it's genius wtf is this get better we as consumers expect more, set up was good by the resume but they are not dropping gems , hugely disappointed. Not to diss ya'll but I post this for u to realize that ya'll dropped the ball with this one. I'm an aspiring musician and this one was hard to sit through.
Facts smh
6 minutes in and after opening remarks it's apparent we dont even know who's included in the term 'musicians'. Bit vague.
for real man!
They always fall short imo, its no REAL information being passed its alot of click bait.
it was a whole bunch of hot air with NO SOLUTION OFFERED
Just because you flipped the burgers in McDonalds doesn’t make you deserving of more of the revenue.
Burger flipper - Musician
Cashier - Distributor
Manager - Executive producer
HR - A&R
Record label - you catch my drift...
Bravo Anane you right tho
Because music can be equated to a $1 burger that can be only eaten once... smh
Traplover7 you missed the point. It’s a business. The musicians work for the labels. And yes you can compare the burgers to singles, albums and streams. People will be back for more.
The artists are the cows and the songs the burger - hence the term cash cow. No cows no burgers - no Mc Donalds.
black history buff and just like any business, the cash cow can always be replaced. They sign/pay you to work for them, not the other way round.
Dyme-A-Duzin is hella underrated tbh
y’all are dope for covering this
If you are going to sign, make sure you are getting the best people around you possible... if they gone take all your money make sure you can generate income outside of rap...
Use your platform.
Really good episode! I like how different it is! Please have an updated one after all the MMA has passed. What it's done for the music industry and what we're seeing has changed and will change in the coming years to come
This is a tale as old as time. Just look at TLC or any of the, boy bands of the 00’s. This can go on and on.
Internally Grateful and Thankful...Definitely Jewels among jewels 💭
John Lynch from BI is right, blockchain tech is where things will be for artists to be paid directly.
12% in a pretty big cut of revenue considering how many pieces go into making and distributing music
TyKOmain I guess so but.. Yea you kinda right but singing and performing and stuff and the mental struggle is alot
X-RYA which is why they get most of their money from touring.
Don't have the exact figures but Parks from the Joe Budden Podcast mentioned on their most recent episode that this "12%" figure is coomprable to other industries. Lawyers make around that much of the revenue generated from Court cases, doctors make around that much of the money generated in hospitals.
I know we look at musicians as deserving of a wolf's share of the money generated off the backs of their art, but there is a lot that goes into tracks being put before you outside of just stepping into the booth and putting it online.
How so?
seethrufaded That's a illogical comparison though. The healthcare industry generates trillions of dollars a year. The Music industry only generates billions. So 12% of trillions is incomparably more than 12% of billions. Don't just listen to what people say, you should think for yourself. Those industries generate more than the music business, and the people that are apart of those are probably share holders of music labels. Making 12cents on the dollar isn't what doctors or lawyers make. They earn up to $80-$100hr and they don't have to payout to 5 or more different people. Don't listen to Joe buddens podcast and take it serious.lol
Everybody saying start your own label acts like it is the for sure route to making money lol. what y'all need to be saying is "Start your own label if you're prepared to spend 10-20 years of hard work, and spending ALOTT of money for promotion with influencers, radio, hosting your own events, etc. etc." There's a harsh reality to get over when starting your own label. It isn't that simple dudes. Unless you know people in the industry, have hella money already saved to throw away, or someone puts you on, prepare for the tough Tech n9ne grind. Majors have a lock and gatekeepers that have been there since their creation that keep things the way they are for the most part. Making your own label is just the beginning of the solution..it is not THE solution. I'm not saying to sign at all, just that it isn't as simple as yall's simple comments make it out to be. Trust me, I know. #BlackBusiness5OutNow
I know Im late af & don't kill me but I just realized Rob interviewed Wiz on Taylor Allderdice..
Dillon Yarbrough didnt realize that was him but that interview on the cd was mad random
Lol, on the low this guy is a interviewing legend, much like how sway is to the culture
Really appreciate the interview. The industry should change
I wish they wouldve discussed having a sound business model prior to looking to get into bed with a major. For example, what are the fundamental parts of a business that would get a musicians portfolio, or "demonstration" as Tiffany called it, off the ground to prove to an A&R that the talent is worth the investment.
What do these demonstrations look like on paper, what does the artist need to present in these meetings with industry officials. Is it just a social media page, or is it actual numbers with analytics? get into detail..
This is an eye opener for real!!! Now I completely understand why Dame Dash be calling out all these record execs as being culture vultures ... They be pimpin’ these artists and exploiting they’re talents man!!! It’s kind of sad
I believe authors also earn a similar percent off their books
I'm confused. These labels invest six and seven figures behind broke artist, and y'all are upset that they get the lion's share of profit for the act THEY invested millions in? It's fucking business, some of y'all never gonna get that big bag if you don't understand this.
That’s tuff💀
I wounder what Prince would say?
The struggle is harder in Denmark
Still the same today. Even worse now. It's the labels and audiences to blame, and now, music quality and songwriting has hit an all time low.
yo tengo
Aye Dymez Brooklyn we in here!!!!!!!!!!!!
Rob .. Thanks for having Dyme!!! & Unlike "Every Day, All Day Struggle" Content ... Thank You for being "Hip-Hop" Genius #Brooklyn
That's harsh
🗣 🗣 Where’s the “Good or Bad” for Nicki’s album?
vinney91 thats what i want to know
Joe Budden put yall on!!
Hi
It's a crazy and sick world..
let’s not forget before all the people you have to pay & etc. , that taxes alone will make a strong cut.
Kin.g Productions facts
Why the hell would they have that rapper on there instead of having Ashanti, Mýa , Dawn Richards and others that used to be with labels and got kicked out and started thier own label. Talk to them ... but this is a learning lesson for me as an artist.
Because dyme was also dropped by his label
Evil ish man. The labels don't rap nor sing. Try to stay independent.
I mean, if i have a business, i wont get 100% of the cash i make also.
i have to pay accountants, salespeople, buy new inventory, insurance .....
there is a lot to cover from this !!
so its fairly normal you wont get all the money
Why sign in 2018 in the first place AHAHAHAHA
It seems - incomprehensive - that there isn't for instance, any government, website, for artists to sell their art, with less than a 50% take by whoever has the connections - ? - stress-time, to invest in one of those sites, taxes being what they are. There are thousands of ways we could as capitalist, too, become an equally high producing mature equal world of nations.
Can you imagine if a nation did not just parcel out necessarily at the closest skimming of all principles for hell! of securing that high a percentage of such a large industry/responsibility that completely! failed in this country under capitalist suppression - the damn' point.
Beware hate-stupidity tests, like they just wiped out the full bank of all the life force, ever, to heaven, in relation or not to the average chance of an offense or success as an at all good life.
No risk no reward artists put up now money
of course they get only a smaller portion, because the artist is actually a small part of the value creation.
There is so much more, and so many people involved in earning money with music, the artist is critical, but without everybody else there would be none of them earning a single penny
Lukas W yea and without the product (artist) those people wouldn’t be making money either.
You also get a loan when you sign ... you have to pay all that back.
So...
I have no respect for anyone who signs. 80% that do also have writers who write shit for them.
All these artists are these lables products.
All they are trying to do is create the perfect artist .. but it actaully goes way deeper. Who knows what there intentions really are..
Exotic Narcotics all you little niggas keep saying the same shit. An advance against royalties and a loan are two different things
@@maestrojamieson9385 I'm 22 years old shut your mouth you ignorant fuck. You have absolutely no idea what you're talking about lmao.
Nobody gives a damn bout your irrelevant ass respect lol
@@MikeAlmighty the fuck up nigga .
Lame ass bitch. Clearly you do if you took the time to say that shit & like your own comment.
Fuck ass nigga.
Exotic Narcotics since I don’t know what I’m talking about then go ahead and explain to me what an advance against royalties signify?
On the surface this looks bad. Real bad. But...when I put up all the money and assume all the risk, I deserve a large piece of the money. At least on the first contract. Tons of stories of artist that just didn’t pop. No one counts the money that’s the label (small or large) lost. Looking at profits is one thing, but let’s also discuss the losses.
the word '' like '' receives only 12% of that rapper talk
And yall think being in the music industry all fun and love ... NOPE
Julia Røse So are we just gonna ignore the fact that I’m a young producer trying to make the most of my summer and would really appreciate if y’all could check out my beats and show some love/ constructive criticism. It will be greatly appreciated!
nPlatin Always do what you love, but do it in a way that allows you to maintain a life that keeps you happy.
Julia Røse we been known that since Michael Jackson talked about how evil Sony is
Dominique Harris omg yeah
Just start your own label. These old labels aren’t in the record business, they’re in the robbery business and always have been.
I already knew these artist don't make money , why do you think Kanye made a song called New Slaves . And think about it there money has to go through a lot of people before they can even get paid . So I guess if you trying to make them coins you need to work behind the scenes .
Shanelle Shanelle Nope, not anymore because producers & video directors don't get paid like they used to either! The money is in touring! Record labels are always going out of business but Live Nation is making money hand over fist every year!
If drake gets independent he'd still bomb trust me on that
TRAP SOUL bro The Weeknd lil Wayne drake will never go independent. You know why? Cause they already signed they life away with a label aka the Illuminati. Them going independent will wake up the rest of the industry and labels will start losing and that’s bad business
@@kappypaycheck8640 Artists are already independent & winning like Chance The Rapper, Beyonce, Tech Nine etc!
@@kappypaycheck8640 Lol Marshmello is bigger than drake worldwide and he is independent
Well how do we still have crazy artist out there still
Better follow Chance the rapper, Jay Z, The Beatles...
@veganverb Aye Verb (BLISS) tape is Dope hiphop 🎤💯✨💚 JUST CAME OFF 8/18 Battle vs MURDA MOOK n NEW YORK CITY 🌃
This is one of those things that’s kinda obvious but once vocalized and put out there is just seems sooo much more worse
you mean, at first it sounds really bad that they "only" get 12%, but once you start thinking WHY, 12% seems quite OK.
I need my masters where ever I go
Rob Next time have a music exec aswell because this sounds like a bunch of speculations.
I just figured out the Genius logo.. I guess I'm a genius!
She’s knows the most out of all of them lol
Don’t go to college for music kids
Why would you say that
Supreme Gabby why its better to learn it yourself than have someone do it for you
So are we just gonna ignore the fact that I’m a young producer trying to make the most of my summer and would really appreciate if y’all could check out my beats and show some love/ constructive criticism. It will be greatly appreciated!
Capitalism, ladies and gentlemen
Do you have to sell your soul in the music industry to be on a certain level?
I think that it is all some and that's what I like
G E N I U S . This is dope
I don’t listen to moderndap even though it’s good but bands like phish Grateful Dead and umphreys McGee isn’t with the major labels
Topic fresh the Joe Budden podcast
Brian Turner he has a podcast
12 percent of billions of dollars tho. Is it fair ? no. But it's a helluva lot more than u would make independent. I'd sign to major label in a heartbeat.
Late notification tf
Lil pump should only get 1%
Mark Z U C C one artist getting 1% wtf, you known that's a shit ton for just 1 person
He should get no less than 30%
That was a ignorant joke
Great conversation
Curtiss king... hmm 🤔 genius
Fuck Rap get racks - GT
If you want to more imformation about being successful in the Music Business, check out Master P's interviews and "Top Ten Rules for Success". They literally have free gold on UA-cam
💡
Wow!
She is a smart cat!!