**NEW song (from 2011 though)**
so when you see me in the streets remember uon kno me
He's "selling himself" too though. You're getting him and his entire label for $75M. If anything that's gonna put more money in his artists pockets. 10 years ago, an artist of his status requesting a deal like that was normal...Problem is there's no label generating enough revenue right now to even begin to consider investing $75M in an artist past their prime who's bigger off reality shows than he is off rap right now.
You won't make your money back selling $300k first week.
Last edited by deRaNged 4 Phuk'dup; 01-19-2013 at 02:25 AM.
Musically he is past his prime but as far as marketing potential goes? He is at his peak. He's close to where Jay is at in terms of marketing potential.
TI's problem was that he went backwards after Paper Trail. He had all the best commercial features in there (Rihanna, Timberlake, BOB, Kanye, Wayne, Jay, Usher etc) and he showed maturity and growth... that was the perfect transition and he ****ed it all up with the whole gun situation.
Whoever signs him needs to continue where Paper Trail left off.
If the labels played the games right with Google, every video or even "video with lyrics"-knockoff would've had a download link with payment right through Google. With a Google-based player, etc...
But noooooooo, just as with Napster, they had to f**k up a functioning system by being too greedy. 'Cauz they wanted to sell their "top hits" MP3s for $4.99.
So knowing that.............how much do they get on iTunes?
No matter the price of the album, you have at least 35% of it that goes to iTunes for providing the platform. Promotion, overhead at the label, production of the album itself, etc... Attending some promo-gigs at radios and TV stations. That's money that has to come up-front, out of your pocket. Labels used to pay that upfront, when you are independent, that's what you do.
And he isn't striving to be the "I-make-2k-on-iTunes/month" artist, so the overhead is bigger and so are the expenses.
Keeping that in mind, Uncle Sam knows exactly what you move and wants his. There's no selling of 10s of thousands of CDs from the trunk and money not accounted for anymore.
So the 2million you think you "made" off that 300k sale look more like 500k-600k in the end.
Guess what? You can as well concentrate on selling SINGLES, but for those 2-3 big singles, you either need BIG songs, BIG names & collabos or a BIG promotion.
Nothing you can afford to pay upfront at an indie label.
Hence why the successful ones have a one-stop-shop solution, the original 360 deals.............now when you PART OF THE LABEL, that makes sense. As an employee? Do yourself a favor and go flip those burgers. At least you will keep your dignity and won't end up with debt after 3 years of being an "independent artist/weed dealer". LOL
Master of Disaster aka King of Bounce
A label under the deal he's talking would have to sale close to $20M albums to make their money back off sales(they offer other outlets to generate money ex. shows, movies, ect, just giving clarity with numbers), not to mention other expenses they're running into.
That deal makes no sense whatsoever. Didn't Rocafella sale for like $2M? Just more clarity.
Last edited by deRaNged 4 Phuk'dup; 01-20-2013 at 08:34 PM.
There are currently 1 users browsing this thread. (0 members and 1 guests)