10/05/2024
Dear Artists, Here's The Truth About The Industry,
The Music industry is being run by secret societies from major record labels, distribution companies and other major media entities. The Industry is rigged & most upcoming artists don't know the real truth about this type of business industry. This is why artists run to get signed, and later on CRY when it backfires, they're all just being used as puppets (a product of the Industry). Do you know why most artists die as soon as they make it? huh, A death of a famous celebrity means more revenue for record labels and publishing companies, once you sign a deal, you automatically sold your soul, you become nothing but a pawn to be moved around and disposed of once they're satisfied. You are just a product, nothing more. Ask the mainstream artists, they're very happy in front of the screen but behind closed doors they're crying their lungs out. Being Independent also has disadvantages but it's better and it's worth it...
As Soon As You Sign With A Label They Take 80% to 85% Off Of That 100% of your Intellectual property Because They Will Be Handling Every Business Side Of Your Career While You Only Worry About The Creative Side Of Things.
This Is How It Goes,
When You're Signed The Label Gets A Beat From A Producer For That Song. The Producer Owns 50% Publishing Royalties/Mechanical Of The Song Not Negotiable (Its By Default & Its Standard) So You Are Left With 50% Publishing. The producer also gets 25% of the artist's Sale Earnings. Out of 20% sales the producer gets 4% of that. Which now means you are left with 16% in sales.
If The Song Has 2 Featured Artists, It Means Each Other Artist Will Own 12.5% Of The Song When You Sign The Split Sheets. Which Then Means You Now Have 25% Left In Your Wallet. But The Percentage Can Be Negotiated, Its Up To You & The Featured Artist Depending On What You Tell Them Via The Plans For The Track e.g Video Costs, marketing fees on your back.
Music Video, Drip(Clothes/Attire) Cash