Someone posted a talk about CEOs in the Sillicon Valley. Truth be told, the music industry has only one thing in common with the IT sector = a lot of egos in one place, that's it.
The value of music can only be determined by sales, be it mp3s or tickets, merchandise or licensing fees. The true value of a technological company cannot be determined that way.
There's also a ton of PAPERWORK surrounding every decision, when it comes to investing in companies.
And then there's the REAL copyright, when it comes to technological inventions, which doesn't exist in the music industry. Nobody can claim to have invented a certain genre of music.
But you can look up the people who have patented a new technological invention.
Simple as that.
So the value of the artist and his music can only be protected by NEW MUSIC these days, because new styles are milked dry 'till the death of the genre. Just look around the world of production.
You've got all those people who can "cook" everything from a steak to a 15-courses 3-Michellin Stars menus.
But all they are being asked for is that "new hamburger without pickles and extra cheese they got at Burger King! I want one exactly like that one, just with a different cheese! Bamm, I'm a genius"..........next year, everybody's looking for the new "flava of the month" Hot Dog, next year it's Pizza time again.
So you've got all these cooks doing the same shit, but only a couple of fast food joints, which can sell them.
So you end up with a thousand "cooks" who sell out their new Burger idea for pennies, when they could've had started their own fast food joint or try to supply little local restaurants. "Hey, at least I can wear that McDonald's cap now!". Do you guys get the analogy?
That's how it works these days. Either you realize you can cook, you come up with the recipies........now you need a restaurant............or you sell out for pennies and before selling a single burger, you've already payed McDonald's over a million dollars in fees for being able to be associated with the franchise (read: advances, production, videos, lawyers, etc...,etc...)
Master of Disaster aka King of Bounce
That good knowledge being dropped in here.
Keef did the right thing by signing. He probably won't last any more than a year, but he will gain experience. He can use that to either continue working as an artist or work behind the scenes.
He just needs to get out of the hood. That should be his first task. Signing a bad record deal to get out of the hood is definitely worth it. That alone is priceless.
shit, curren$y is making hella money independently
his net worth is 7 mill
lets see what cheif keef's net worth is by the end of the year
they will rape him out of his money so bad he'll wish he wouldn't have signed
I'll be surprised If he's worth 1 mill by the end of the year, let alone half a mill
also, lets see If he moves out the hood this year
Last edited by JAMESRRTT; 06-18-2012 at 03:20 PM.
i wish labels would just cut me checks to find artists all day.. i had a Chief Keef thread up a month before Kanye even knew who he was. I can find any label an artist. They be fronting though
Currensy is signed to Warner
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