Damn! Summer Walker is getting fucked over by her label

Started by Amazing, November 04, 2021, 09:14:39 AM

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Nonchalantboi

November 04, 2021, 01:20:39 PM #15 Last Edit: November 04, 2021, 01:21:23 PM by Nonchalantboi
 
Quote from: Rudest Lil Madam on November 04, 2021, 11:31:34 AM
Quote from: Gilgamesh. on November 04, 2021, 10:36:10 AM
Why would she give up her Masters? :uhh:
In 2021, you don't really make much from masters unless you're a HUGE artist.

Girl iz you dumb  :shook: owning your masters is way more money if endorsements/campaigns wanna use your songs and stuff you can get the coins and get paid that's one of the cons they don't have to go thru the label for permission and all the other legalities sis

🔥🔥🔥

JCJ


Cartierline

dsjhfj I love how unashamedly DUMB Bows is sometimes

It's adorables


RedOctober

Not a $110k cash advance! She might as well continued to clean toilets for a living. Somebody took advantage of this slow ass girl. That's illegal. 

b7

Quote from: Naomi's cheekbones on November 04, 2021, 09:31:19 AM
QuoteThe draft outline of Walker's deal with LVRN and Interscope stipulated that she would have received just $110,000 as an advance. The proposed royalty rate for her debut and its follow-up was 16% — meaning she would take home just 16 cents out of every dollar she generates once she has recouped her advance.

Managers say these numbers are low by contemporary standards. They drop lower (starting at 15%) in the deal Walker ultimately signed, in which she also gave up her masters. (One progressive music company, Indify, does not even allow acts to sign royalty deals or give up ownership of their masters on their platform, believing that both practices are unfair to artists.)

:disgusted:
Who the hell advised her to give up her masters? Omg and she's one of the few young girls that streams really well, especially after Drake remixed her record. What a mess

b7

Quote from: Gilgamesh. on November 04, 2021, 10:36:10 AM
Why would she give up her Masters? :uhh:
!!!!! And doesn't she write or co write a lot of her stuff? Make it make sense  :unsure: