Part 2: Why Your Favorite Musicians Are Broke

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Spencer Cornelia

Spencer Cornelia

Күн бұрын

Пікірлер: 1 800
@tayzonday
@tayzonday 4 жыл бұрын
Three of the then-four major labels expressed interest in signing me in 2007. I decided not to. I wasn’t ready. No regrets.
@JDior94
@JDior94 4 жыл бұрын
YOOOO CHOCOLATE RAIN???
@harinezumi7389
@harinezumi7389 4 жыл бұрын
Seems to have been an incredibly smart decision
@juank_marganth
@juank_marganth 4 жыл бұрын
You're a legend bro
@Flowdaboyz
@Flowdaboyz 4 жыл бұрын
Omg the legend chocolate rain.
@dragonxetron7833
@dragonxetron7833 4 жыл бұрын
YOOOO
@pulsarstargrave256
@pulsarstargrave256 4 жыл бұрын
"IF you don't own your masters, the Master owns YOU!" - Prince
@millerrepin4452
@millerrepin4452 4 жыл бұрын
cock and ball torture I must endure -yoda
@cameleyez
@cameleyez 4 жыл бұрын
"Slave to a label but I own my masters".
@letsgetthemusic2333
@letsgetthemusic2333 4 жыл бұрын
What are the masters?
@the_allucinator
@the_allucinator 4 жыл бұрын
@@letsgetthemusic2333some sort of music right.
@AnymMusic
@AnymMusic 4 жыл бұрын
@@letsgetthemusic2333 the eventual final version of the track. Some labels take the rights of the master so that even after you leave the label, the label still owns your track
@johnnykeys1978
@johnnykeys1978 4 жыл бұрын
As an Australian 4 piece band touring USA, we had hundreds of these offers. No exaggeration. We turned them down due to insufficient gullibility.
@jm-je4tl
@jm-je4tl 4 жыл бұрын
I suppose that has been a better financial decision in the context of being a band who have to split the cash more?
@johnnykeys1978
@johnnykeys1978 4 жыл бұрын
@@jm-je4tl indeed, with the added bonus of dignity and freedom!
@jm-je4tl
@jm-je4tl 4 жыл бұрын
Fascinating. I'll keep this in mind. Thank you. One more question: how do you market yourselves??
@johnnykeys1978
@johnnykeys1978 4 жыл бұрын
@@jm-je4tl persistence will eventually turn into repeat business... eventually. A previous career's savings was also necessary to fund expenses and losses (investments). This all may be moot now - there is a new paradigm it seems.
@adastephens2906
@adastephens2906 4 жыл бұрын
j
@pokepress
@pokepress 4 жыл бұрын
Basically, you’re better off building your audience slow and steady rather than shooting straight for the top.
@randallee3544
@randallee3544 4 жыл бұрын
Yes but how? Especially with covid. Keep tuned for my answers 😉
@FeraltheEarthworm
@FeraltheEarthworm 4 жыл бұрын
we out here
@galaxyride4944
@galaxyride4944 4 жыл бұрын
I ididt that and you don't have 2 have a lot of followers. But you do need a lot of confidence.
@AnymMusic
@AnymMusic 4 жыл бұрын
@@randallee3544 social media. idk about pop or hiphop, but in the EDM industry you make content for insta, release music, and get connections via platforms like instagram, discord, twitter, etc. f.e. I've been making music for 4 years now, and started instagram one year later. sure I'm not amazing yet, but I've already grown to 103 followers in 3 years with admitedly fairly mediocre music right now. I just take the people along for the ride of making music, making the covers, what's going on in my life, etc. on the chat platform Discord, I've gotten connections with people inside the biggest EDM label Spinnin' Records, and I've gotten pretty close to an already established artist, and befriended a few upcoming ones simply by talking and having a good time.
@olechristianhenne6583
@olechristianhenne6583 4 жыл бұрын
Something tells me you dont need to be ah Rap god to make good records
@zacharybynummusic
@zacharybynummusic 4 жыл бұрын
This is why it's worth learning how to write, produce, and perform on your own terms. Times are changing!
@plexine_
@plexine_ 4 жыл бұрын
And that's what I do produce my own beats make music on my own upload to a distributor still I'm not anywhere
@philfrank5601
@philfrank5601 4 жыл бұрын
It's not even worth that. Modern pop music is shit and who wants to write that drivel for fans with a 20 second attention span?
@watchdemfools3420
@watchdemfools3420 4 жыл бұрын
Yeah, just have to write, produce, perform, dance, sing/rap, market, film, edit, design, draw, animate, account, promote, distribute, negotiate, network, invest, regulate and entertain ;-) A comedian made a good analogy that went a farmer grows and harvests crops but then is judgmentally shaded with the response "You are a wonderful farmer, but can you cook?" it is the same as saying "You're a great comedian, but can you write/act..."
@KallusGarnet
@KallusGarnet 4 жыл бұрын
@@plexine_ you are doing too much you need a manager
@cjfromgtasanadreas
@cjfromgtasanadreas 4 жыл бұрын
@@plexine_ I will change your life with one thing and make you continue working on your music hard until you become successful. Imagine this. Eminem doesn't exist right now, okay, imagine that. He's in his room, makes a beat, raps over it, creates rap god for example. This product by itself is all you need and you need to be patient for your discovery and send it to labels. If you heard rap god from some guy eminem and sent it to your friends they will absolutely fucking love it and share it with others. Ignore people saying "it's about networking and connections" it's fucking not, trust me, I've heard these peoples soundcloud, absolute unoriginal, badly mixed and mastered crap. Keep going, you will have a few "products" that will with enough patience and passion make people know about you.
@VISPRES
@VISPRES 4 жыл бұрын
Can’t wait for the day when record labels are obsolete. Imagine the unheard creativity we are missing out on because of them.
@allanism
@allanism 4 жыл бұрын
Hey, you are responsable. Don't consume payolas artists and radios. Support independent artists.
@bombercountyblues
@bombercountyblues 4 жыл бұрын
Agree with your first point entirely, but gotta disagree about missing out on talent because of them. Not in this day n age with social media etc. Thanks to KZbin, I've now got the music of weekend barroom bands from the other side of the world on my phones playlist.
@Jubel06
@Jubel06 4 жыл бұрын
@Joe Al OK. Come on over. I'm making beans and cabbage...
@davidmims1032
@davidmims1032 4 жыл бұрын
That is true!!! If everyone just say fuck it lets go independent. They ass will crumple,and that's what their crooked ass need
@kelsopresley
@kelsopresley 4 жыл бұрын
Oh my god, your comment should be pinned. All the bullshit, the tactics, the images they push in our face. Ik we're missing out on something special frfr. Yo, would you mind checking out my song on my homepage? Its short, just 2 minutes, just looking for support where i can find it.
@NathanJamesLarsen
@NathanJamesLarsen 4 жыл бұрын
As a producer, I have artists asking me if they need a label and I ALWAYS tell them "no! Stay away from that junk." Bad deal almost always. With an entrepreneurial mind, artists can make more money on their own. Yes, it takes more work, but it is absolutely possible. Sadly, so many musicians just want everything done FOR them.
@VeryImportantPoetry
@VeryImportantPoetry 4 жыл бұрын
Some of my favourite musicians set up their own labels. No one tell them what to do...but what about the other artists joinging their label? How long they will cooperate as a team of independents artists?
@KallusGarnet
@KallusGarnet 4 жыл бұрын
that's because these people want to be pop idols and not musicians let alone musical artist. Pop idol < Musicians < musical Artist are all different thing's entirely.
@donato8983
@donato8983 4 жыл бұрын
What do you recomend then?
@NathanJamesLarsen
@NathanJamesLarsen 4 жыл бұрын
@@donato8983 Build a social media following, self-release, grow a brand identity that people can easily identify with the music. The music is not what artists sell, it's their brand and the music is a part of it. And artists are simply not actually making money from streaming, so they need to gigging (hard right now, understandably so), getting into sync licensing (music for television/movies/video), and selling physical products that their audience wants (merch). Streaming simply doesn't pay well. A million streams on spotify is like a couple thousand dollars. Not enough to make ends meet and barely enough to cover production costs. House shows are the most profitable way to gig and what I really recommend because they are super easy to put together. There's a lot more than that - but for a KZbin comment, that's a lot.
@traplover6357
@traplover6357 4 жыл бұрын
yeah, you dont have to be a major popstar to live as a musician. Wait after the Rona and indie artists touring will be massive.
@luissam1547
@luissam1547 4 жыл бұрын
So kids let me put it as simple as 1-2-3: RECORD LABEL ARE BANKS IN DISGUISE. THEY GIVE YOU A LOAN TO CREATE SOMETHING YOU DON’T OWN, and IF YOU DON’T BECOME PROFITABLE THEY DROP YOU, and NOW YOU ARE BROKE AND ALONE, and BY THE WAY YOU STILL OWE THEM FROM THAT LOAN. wow, it actually rhymes😁
@0000song0000
@0000song0000 4 жыл бұрын
It's like college, they sell you an idea of future... But give you just loan
@michaelhurley3171
@michaelhurley3171 4 жыл бұрын
Or sharecropping many years ago
@effexon
@effexon 4 жыл бұрын
@@0000song0000 but they keep anything you create, if it is a hit, label gets money even after 30 years. good for those kids and grandkids of company owners who have safe easy jobs then.
@effexon
@effexon 4 жыл бұрын
if you think how western economy now works, this makes perfect sense. selling dreams to people is insane business, and there's nothing to fail, as each dream is "subjective". college, sportstar, programmer, artist, filmstar.... all work the same, selling dreams, but cashing in while doing it.
@luissam1547
@luissam1547 4 жыл бұрын
effexon yep thats about the size of it.
@cjezinne
@cjezinne 4 жыл бұрын
Ryan Leslie is amazing... And was actually a genius. 1600 on SATs at 14 & graduated Harvard at 19.
@KallusGarnet
@KallusGarnet 4 жыл бұрын
yep
@Lady_Tee15
@Lady_Tee15 3 жыл бұрын
So talented as well!!
@Crowbar11115
@Crowbar11115 4 жыл бұрын
I managed a band in the late 90s/early 2000s. I walked them through all the BS they would encounter if they signed a Record Contract. Told them a "deal" is a loan and that they get paid LAST and only after the loan is paid back. Thankfully, they listened to me and released all their music on their own and used a local producer that had a killer basement studio. We got an invite to be featured in the background of an MTV show. Since the band had no agent, no deal, no lawyer, no greedy Manager and we created our own LLC/Label, the band made like $16,000 for 30 seconds of Music. Haha. We received the actual check directly from MTV! MTV liked the music enough to ask for 30 more seconds in another episode and we made even more. It is almost unheard of for a band to receive 100% of the money let alone the actual giant yellow check directly from MTV.
@moonraker30
@moonraker30 4 жыл бұрын
That is 😎😎😎😎 LOVE to hear stories like these
@theoutsiderjess1869
@theoutsiderjess1869 3 жыл бұрын
What's the name of the band I want too listen to their music if they have an online presence and you definitely did them some good
@Crowbar11115
@Crowbar11115 3 жыл бұрын
​@@theoutsiderjess1869 kzbin.info/door/vViJx59p3LLMiIkFvEoQrA They changed their name and released a third album as well kzbin.info/door/oCtOPHauuGe0tcTO00nRvQ The band broke up about a decade ago, sadly. Amazing musicians that just didn't find a larger audience.
@kyokari4
@kyokari4 3 жыл бұрын
@@Crowbar11115 I was not expecting that name at all.
@Selrisitai
@Selrisitai 3 жыл бұрын
@@Crowbar11115 Guaranteed, "I'm Your Voodoo," if released today with a slick music video, would be HUGE.
@young9534
@young9534 4 жыл бұрын
This reminds me of the rapper Troy Ave. He always talked about not being signed to a label and being okay with seeing smaller sales numbers because at least he got to keep most of the money. People responded by calling him Troy Average making fun of his how his album sales numbers compared to artists on big labels.
@KallusGarnet
@KallusGarnet 4 жыл бұрын
People are dumb
@lvl.99socialdistancewarrio67
@lvl.99socialdistancewarrio67 4 жыл бұрын
I fuck with him, he took the slow hustle but all his dollars are his and he's not being fucked by a label. Selling his own merch and I think he just started a podcast.
@DB1Dragoon
@DB1Dragoon 4 жыл бұрын
I called him Troy Average cuz his bars sucked, I'm completely behind him making it on his own.
@coajdka
@coajdka 4 жыл бұрын
he took 100% of the sales, and didnt go in debt tho
@young9534
@young9534 4 жыл бұрын
@@DB1Dragoon He says and does some dumb shit sometimes. But I think he's better than all these mumble rappers.
4 жыл бұрын
Rule number 1: eliminate the middle man
@ShotByGreenLightTV
@ShotByGreenLightTV 4 жыл бұрын
HipHop 🐲🔫 kzbin.info/www/bejne/jnythXWppaxkjMU
@odomisan
@odomisan 4 жыл бұрын
With all the social media avialable on everyone's hands, direct access to the consumer, it should be a nightmare for these industries.
@_Aemse
@_Aemse 4 жыл бұрын
frank lucus showed me that
@joebloggs619
@joebloggs619 4 жыл бұрын
This business principle also applies to otherlines of business, too, but sometimes you just cant eliminate him.
@xanty_3513
@xanty_3513 4 жыл бұрын
So we all must be independent artists
@KingOfMadCows
@KingOfMadCows 4 жыл бұрын
Record labels are owned by large media companies that can easily shape public perception. They make sure the reality of how little musicians make isn't covered in the news or entertainment magazines/websites while pushing the narrative that musicians are greedy spoiled brats who are ungrateful for their success.
@ShotByGreenLightTV
@ShotByGreenLightTV 4 жыл бұрын
HipHop 🐲🔫 kzbin.info/www/bejne/jnythXWppaxkjMU
@hungaryrat5089
@hungaryrat5089 4 жыл бұрын
Yup, this is why music of people who aren't signed by these record label companies are never on the news or radio. Only if you signed the damn contract they will allow you to. Or if they get a cut some other way and if you help them push the current narrative.
@damienbeckman-scott7016
@damienbeckman-scott7016 4 жыл бұрын
Thank you!
@dwightscott2377
@dwightscott2377 4 жыл бұрын
That's the how Music industry works these days. Just mindcontroling lot a ppl.
@yvettelucy9831
@yvettelucy9831 2 жыл бұрын
Bingo!!!
@J.S.3259
@J.S.3259 4 жыл бұрын
As awful as the film and publishing industries are, the music industry is a totally different layer of hell
@geraldstephens6612
@geraldstephens6612 4 жыл бұрын
Oh how true. Case in point; Lou Pearlman, creator\ producer\ scam artist. Check out the story.
@drpingpongs2593
@drpingpongs2593 4 жыл бұрын
as an aspiring filmmaker, how bad is the film industry? just a little 101.
@Live-Life-Freely
@Live-Life-Freely 4 жыл бұрын
It's actually 360 degrees of Hell and there's no shortage of desperate people stabbing each other in the back for a chance to get in.
@effexon
@effexon 4 жыл бұрын
they've mastered the art of cheating and ripping of "artists" (in that sense many artists are regular workers, so after deal, they have nothing, no IP from that time working for label).
@Villytake56499
@Villytake56499 4 жыл бұрын
@@drpingpongs2593 since you want to do film, if so if its specifically Hollywood you are going to be around plenty of executives and other people behind movie-making that are pedophiles you are going to see a lot of wicked shi. so I say just be like a music video maker or short film type maker on youtube, Stay away from Hollywood (anything in Cali)
@morganandrew-morganson8276
@morganandrew-morganson8276 4 жыл бұрын
As someone who does music, this and Part 1 were both eye-opening. I knew that the music business was messed up, but I didn't know how deep the rabbit hole truly went.
@ShotByGreenLightTV
@ShotByGreenLightTV 4 жыл бұрын
HipHop 🐲🔫 kzbin.info/www/bejne/jnythXWppaxkjMU
@damienbeckman-scott7016
@damienbeckman-scott7016 4 жыл бұрын
One of Korn's music videos was entirely about how they were getting screwed over by their record label and it still didn't manage to change public opinion.
@organiceverything9615
@organiceverything9615 4 жыл бұрын
@@damienbeckman-scott7016 name of song?
@damienbeckman-scott7016
@damienbeckman-scott7016 4 жыл бұрын
@@organiceverything9615 Y'all Want a single. It's more about cooperate pressure to make singles rather than their careers as a whole. Given that the band invested roughly 3 million in producing untouchables I don't think they've had any major financial issues, but the point is still that they wanted to make their audience aware of the issues with the music industry.
@AnymMusic
@AnymMusic 4 жыл бұрын
oh yeah the pop and hiphop industry can be reaaaal shady
@mesimesi2313
@mesimesi2313 4 жыл бұрын
Sean puffy combs would just say, “take that, take that” on artists songs and he would receive a royalty checks. None of his artist are wealthy or doing well.
@RealHomeRecording
@RealHomeRecording 4 жыл бұрын
This Puff Daddy you speak of sounds like a real jerk
@mesimesi2313
@mesimesi2313 4 жыл бұрын
RealHomeRecording.com sounds?! He is a real jerk and so much more!!!
@wilfredynunez5263
@wilfredynunez5263 4 жыл бұрын
Getting royalty checks, just for doing adlibs? Sounds like a genius to me.
@lookahere
@lookahere 4 жыл бұрын
@@mesimesi2313 You are right. My nephew interned for Puffy when he was going to school in New York. We're from Georgia by the way. He was so excited at first and thought that he was going to have a great time. He quickly found Puff to be a serious jerk. One day my nephew and another intern that was female were told by one of their bosses to go and get lunch for Puff and the members of Danity Kane. They had specific instructions to get Puff a certain sandwich and to make sure their was no mayo on it. They brought back the sandwich exactly as instructed. No problem right? Wrong! See, even though there was no mayo on the sandwich itself, there were mayo packs in the bag with the sandwich. There was mustard and ketchup packs as well but the mayo packs sent Puff into a profanity laced tirade directed towards the interns and their bosses. My nephew also witnessed a senseless confrontation between Puff and Mario Winans over Mario getting paid for work he had done on a Danity Kane album. Puff refused to pay Mario and told him that he would pay him when he got ready. Winans then asked Puff to let him get his equipment from the studio and leave because he had other commitments and Puff told him the equipment was now his and to "get the f***k out before he got thrown out. My nephew had seen enough and quit that job the same day. Puffy always had an "asshole" aura about him to me even when he was trying to be cool and easy going in interviews and stuff but my nephew's first hand experience with him confirmed my suspicions.
@shmonehshmoneh4156
@shmonehshmoneh4156 4 жыл бұрын
It's so simple! You get what you negotiate. No diffrent than any other contract in the world.
@KhalilGhibran
@KhalilGhibran 4 жыл бұрын
Great topic Spencer, and crazy enough, one that isn't covered often! So many stories, but just to name a few: -They sank $2 million into Trinidad James, let that sink in lol no disrespect to him but c'mon -TLC sold 10 million records and members had to file bankruptcy -NBA Youngboy was told no when he recently inquired into getting his masters -Tupac signed some of the worst contracts known to man, he didn't own anything in the beginning -R&B group New Edition completed lucrative tours and were given checks that mounted to a few dollars, I kid you not Slavery almost doesn't cut it when describing these crazy contracts!
@angelaburress8586
@angelaburress8586 4 жыл бұрын
Chris Brown has his masters
@shadieossei4336
@shadieossei4336 4 жыл бұрын
@Dee Jay The music industry is not a scam but the system is just badly messed up due to the horrible people who run the the industry. There is hope for a better industry!
@mclovinpo
@mclovinpo 4 жыл бұрын
Shadie Ossei thats what a scam is bud
@Tremulousnut
@Tremulousnut 4 жыл бұрын
@@mclovinpo It's only a scam in the sense that people who signed up don't understand what they are signing up for. Artist blow their advance and get in debt because they are not financially responsible.
@bo777ford
@bo777ford 4 жыл бұрын
Nah...but what I want know is what you know about Kahlil Gibran, the Prophet of God? ; )
@TruthAndMoreTruth
@TruthAndMoreTruth 4 жыл бұрын
5 album deal: 1. Much money is spent recording, producing, and promoting the release, it becomes a hit, sells a few million, but expenses overtake artist's cut. 2. Riding off of the first hit, record sells less, artist make very little after expenses. 3. Label decides not to spend any money, time, or energy to promote this record, they've made THEIR money and have moved on to a new victim. The release loses money, placing the artist in debt to the label. 4. The artist doesn't want to record this record because it will only put them further in debit to the label. 5. The artist can't make this record, and can't move to a new label unless their contract is purchased by a new label. Result: The label/publisher OWNS the released materiel, and continues to make money years later. Artist worked for free, and has nothing to show for their success.
@SavedByGrace_CitizenEmperorユウ
@SavedByGrace_CitizenEmperorユウ 4 жыл бұрын
Sounds like a nightmare! I wonder how many newcomers new about what they were getting themselves into? How does the band pay off their debt?
@TruthAndMoreTruth
@TruthAndMoreTruth 4 жыл бұрын
@@SavedByGrace_CitizenEmperorユウ Back in the mid 90s I read an article in a music magazine, and while the details escape me the one thing I remember is that they asked many famous artist what they would do differently if they knew then what they know now. The most common answer was in someway or another expressing that they would have hired a lawyer to review their first contract because they really felt screwed. It stuck with me.
@mercykachigunda9418
@mercykachigunda9418 4 жыл бұрын
oh oh ZAYN MALIK
@jamesearlcash1758
@jamesearlcash1758 4 жыл бұрын
The music business is full of performance talent more so than actual artist especially now a days.
@KallusGarnet
@KallusGarnet 4 жыл бұрын
Artist are expensive and cost money and time.
@jamesearlcash1758
@jamesearlcash1758 4 жыл бұрын
@@KallusGarnet Artist are not as easily manipulated as a talent.
@user-dz2hj6jo5h
@user-dz2hj6jo5h 4 жыл бұрын
Joe D +the most simple and basic choreography. People will wow at someone and call it dancing when a performer can strut mediocrely around a stage and flail their arms about to the beat.
@KallusGarnet
@KallusGarnet 4 жыл бұрын
@@jamesearlcash1758 Bingo, they want idols not artist.
@xylypotatohead3947
@xylypotatohead3947 3 жыл бұрын
It works a little differently I think. Big labels gift the trainee debt. But small labels for sure.
@ethansak8171
@ethansak8171 4 жыл бұрын
I’m an independent artist who’s been writing my own music since I was 14. I’ve garnered a mil streams on Spotify which is cool, but I wanted to attest to the royalty question. I don’t songwrite with people often because anyone who walks in the room at a professional space gets a split of the songwriting royalty, 1/8th of the mechanical side of the money made. The distribution often takes 1/2 of the money from the royalty right out of the gate, so you’re left with 1/8 of 1/2 of 1/10 of a penny that you have to split among all of the songwriters. Recently, I’ve been working on my debut album completely independently. I’ll get almost all of the mechanical and distribution royalties, BECAUSE I’ve written, produced, arranged, etc. this huge project on my own. It’s been a lot more work, but if any success ever follows the album, I won’t have to share nearly any money made from it other than to the aggregator and streaming platforms, which thankfully take a small cut. Own your music guys. Paying up front for musicians and mixers work for hire is a saving grace.
@DeyCallmeBadnuzBytch
@DeyCallmeBadnuzBytch 3 жыл бұрын
Dey Callme BadnuzBytch
@ronblack2700
@ronblack2700 4 жыл бұрын
Remember Prince, fought to get out of his contract.
@nobodyknows5103
@nobodyknows5103 4 жыл бұрын
Did he ever get out?
@KingBaldEagle1984_Prosperity
@KingBaldEagle1984_Prosperity 4 жыл бұрын
cuddly bear I don’t think he got out “ untouched “ even if he got out these record companies are really dangerous and demonic they will do things to destroy your album sales and eventually kill you .
@freezysyahz
@freezysyahz 4 жыл бұрын
@@KingBaldEagle1984_Prosperity Yikes!
@KingBaldEagle1984_Prosperity
@KingBaldEagle1984_Prosperity 4 жыл бұрын
freezysyahz I can’t even go to deep . Some of the things they do is blackmail you , you have to sacrifice your family members and loved ones, you’re left miserable at the end . Just look up the truth about the music industry, the truth about rap music.
@ronblack2700
@ronblack2700 4 жыл бұрын
@cuddly bear ... Yes Prince did.
@redvik2219
@redvik2219 4 жыл бұрын
These "trappers" waste their money on cars, designer clothes and then wonder why they have no money left. No wonder they all decline in a matter of years.
@bo777ford
@bo777ford 4 жыл бұрын
They don't teach you in public schools especially in the inner city about the management of money, property ownership, the fact that music caste spells, the spiritual sciences or any thing else of importance. They purposely teach you false history, bullshit you will never use in life and what to think instead of how to think. There lies the problem. Yea..."trappers" for real.
@StreetsidePhotoOnline
@StreetsidePhotoOnline 4 жыл бұрын
Or having illegitimate kids all over the place, locking themselves in child support.
@Jubel06
@Jubel06 4 жыл бұрын
Man. Musicians been terrible with money for fuckin ever. It ain't just the trappers. You single out their spending habits like they're somehow unique in this shitstorm that is the music industry. It's nothing new: the music industry makes musicians broke for its' profit.
@TheHuskyK9
@TheHuskyK9 4 жыл бұрын
It starts with the education. Seriously, when is the average person going to use calculus in the real world? American schools that are high school and lower barely teach about how taxes work, how 401K's work, etc etc and it's done on purpose. An uneducated population is an easy population to take advantage of. That's why you have musicians and athletes that make it big but as soon as they retire, they crash and burn. Perfect example is Allen Iverson. Literally the face of basketball at one point only to be homeless after his career was done.
@MK-vi2cm
@MK-vi2cm 4 жыл бұрын
@Gzus Kreist you're the only one here spewing that garbage.
@jasonfanclub4267
@jasonfanclub4267 4 жыл бұрын
So you can basically get a loan instead of a record deal
@citytexas6590
@citytexas6590 4 жыл бұрын
Max out your credit cards. At least they won't keep you from selling records if the first one stiffs.
@YoosufMuneer
@YoosufMuneer 4 жыл бұрын
you'll have to figure out the marketing though.
@codemiesterbeats
@codemiesterbeats 4 жыл бұрын
exactly so if you are smart and start seeing some rapid success... you can go to get a traditional loan (might be difficult) but yes doing it that way is probably better especially in today's climate... I make no money of the music I make but would be totally happy with a mediocre pay (in comparison with major labels) and just having a small subset of dedicated fans.
@heythere452
@heythere452 4 жыл бұрын
Not really, because if you take a loan you don't get access to all the networks the record company owns
@kelsopresley
@kelsopresley 4 жыл бұрын
😂😂Can you listen to my song for me? I'd greatly appreciate it bro
@MajorLeagueBassboost
@MajorLeagueBassboost 4 жыл бұрын
21 Savage also spoke about the record industry and why it's better to go independet, at least at first.
@shortscouture1
@shortscouture1 3 жыл бұрын
its amazing how he managed to own his masters
@jermainelee8127
@jermainelee8127 4 жыл бұрын
All Drake ghostwriters eating good lol
@justsaying2834
@justsaying2834 4 жыл бұрын
And birdman eating good too cause he owns Drake's masters
@TheOfficialMorningSonder
@TheOfficialMorningSonder 4 жыл бұрын
@@justsaying2834 he eating forever
@brakernight7881
@brakernight7881 3 жыл бұрын
Controllhim controlim
@mananwashere
@mananwashere 3 жыл бұрын
actually no, credited writers get paid. "ghost" writers are paid under the table and their name isn't mentioned anywhere. They don't get a recurring royalty but a one time fee.
@ranarehman7326
@ranarehman7326 3 жыл бұрын
@@mananwashere he said Drake for a reason. Quentin Miller is credited for his writings along with others.
@KevinMartinez-xk4es
@KevinMartinez-xk4es 4 жыл бұрын
This kinda reminds me of how back in the day Queen was making a killing with concerts and album sales but the artists themselves were broke because of their contract with the label Trident Studios.
@GRMNCVS
@GRMNCVS 4 жыл бұрын
Mariah&WhitneyLamb Probably not, sadly, as Grammys and such are made up by the big record labels, who probably bid to get their artists a prize
@bloodmajesty414
@bloodmajesty414 4 жыл бұрын
@Mariah&WhitneyLamb Who cares about those shallow awards anyway, it is all rigged.
@t-squared6406
@t-squared6406 4 жыл бұрын
so much shady stuff before knowledge of things
@AnymMusic
@AnymMusic 4 жыл бұрын
@Mariah&WhitneyLamb that wasn't really the case in the Queen days. remember, it wasn't easy to get your music out there back in the day like it is now. they didn't have spotify, or distro services like distrokid, or youtube to upload their music on. almost everyone who got big relied on labels. from Queen to The Beatles to Michael Jackson
@Cre8Lounge
@Cre8Lounge 4 жыл бұрын
It's not an advance if you have to pay it back.
@orlock20
@orlock20 4 жыл бұрын
It's business jargon for a loan. Another business jargon word for a loan is margin which is used in options trades.
@firemarshal2629
@firemarshal2629 4 жыл бұрын
That’s exactly what an advance is🙄
@androlibre9661
@androlibre9661 4 жыл бұрын
Every artist needs to know this phrase "Don't Borrow Against the Store"
@Jz-sv1ju
@Jz-sv1ju 4 жыл бұрын
Its just a loan
@jhallo1851
@jhallo1851 4 жыл бұрын
like Ryan said.. that's literally what an advance is.
@LoRdDyY45
@LoRdDyY45 4 жыл бұрын
Thats why you learn to do everything on your own
@NickChase
@NickChase 3 жыл бұрын
Or you give up 😀
@DeyCallmeBadnuzBytch
@DeyCallmeBadnuzBytch 3 жыл бұрын
Dey Callme BadnuzBytch
@falsup09
@falsup09 4 жыл бұрын
Fascinating video, I think it’s a part of a bigger trend , cutting out the middleman. I see it everywhere. I’ve done the same thing in my life. I used to work for a giant corporation, started my own business couple months ago, best thing I’ve ever done.
@NullXNXVoid
@NullXNXVoid 4 жыл бұрын
It's beyond obvious the labels are the problem.
@ZybakTV
@ZybakTV 4 жыл бұрын
Great 2 part video series dude.
@DodaGarcia
@DodaGarcia 4 жыл бұрын
That thing she talked about regarding the style of the music is such a CLASSIC scenario with labels. I was briefly signed in 2013 and it basically went that they wanted me because I was “different” and “fresh” or whatever, but then every move about the music was in the direction of making it sound like everything else. It seems that labels get their creative instinct speak louder when they’re finding new talent but then the business safety instinct kicks in when it’s time to actually spend money on it.
@DB1Dragoon
@DB1Dragoon 4 жыл бұрын
Unless of course they're just lying to you.
@shadieossei4336
@shadieossei4336 4 жыл бұрын
I agree artists should have their total freedom and autonomy to create no matter which company they sign to!
@thecomplexindividual
@thecomplexindividual 4 жыл бұрын
Sounds like wrestling for the WWE
@DodaGarcia
@DodaGarcia 4 жыл бұрын
Boredom is one hell of a drug Lying for what?As this video explains, a label doesn’t have much to gain by signing someone they don’t think will succeed because if you don’t succeed they are the ones footing the bill when you can’t afford to pay back the recoupable. It’s just a typical creative vs business tug of war that exists in many other industries. There’s no mystery why it happens, it just does become very frustrating for artists.
@DodaGarcia
@DodaGarcia 4 жыл бұрын
Shadie Ossei I wouldn’t go that far, obviously the market data and business acumen of a major label is a huge asset, and since they’re investing their money, of course they want you to be profitable. It’s just that in many cases the exact uniqueness that attracted an A&R person to your sound might seem too risky for the parties responsible for signing the checks, and then they pull too far the other way and now there’s nothing special or fresh about your act and you fail anyway. It’s a pain but I wouldn’t say it’s the intentional fault of any party involved. That said, it did get annoying how they wanted to control all my online presence while also stalling like hell to greenlight the production of the music, so I’m glad I peaced out. I’ve found much more success in my more recent career as an independent artist who hires people who do know what they’re doing but work with me, not against me, to find that balance.
@aaronjames398
@aaronjames398 4 жыл бұрын
Joe Budden said it best: “If you believe in yourself, just take a personal loan from the bank” build up credit and go from there.
@OwolabbyAzeez
@OwolabbyAzeez 4 жыл бұрын
“You should see how much the business make from the art that they exploit”.......HARD Truths Ain’t SOFT Spoken 🤧🔥💯. Did y’all know it’s impossible to breathe while smiling? Kidding just wanted y’all to smile. Hope you have a phenomenal week. Friendly reminder to check your bank account on a daily basis. Regularly checking it makes you less inclined to overspend throughout the day.
@TommyP365
@TommyP365 4 жыл бұрын
Don’t forget about the albums being cross-recoupable. Album One tanks, but Album Two crushes? It doesn’t matter that you’ve made enough to pay off the expenses of Album Two, you’re still on the hook for Album One.
@Johnnybananass-_
@Johnnybananass-_ 4 жыл бұрын
labels are like ex wives,. When they first meet you " yes I love you as you are,..". the day after wedding contract is signed, " change your job, change your look, change who you are " hahaha
@dg8459
@dg8459 4 жыл бұрын
A friend of mine was in a band that got signed to a label. They produced an album that the label decided to not release. The result was they basically couldn't do anything until the contract was up
@RealSergiob466
@RealSergiob466 4 жыл бұрын
Go Independent music.
@ShotByGreenLightTV
@ShotByGreenLightTV 4 жыл бұрын
HipHop 🐲🔫 kzbin.info/www/bejne/jnythXWppaxkjMU
@dwightscott2377
@dwightscott2377 4 жыл бұрын
Yes
@youngsol309
@youngsol309 4 жыл бұрын
Haha nobody supports an independent artist
@RealSergiob466
@RealSergiob466 4 жыл бұрын
@@youngsol309 I do support it and so does some people
@youngsol309
@youngsol309 4 жыл бұрын
@@RealSergiob466 i support them too im just saying from experience as an independent artist myself bro
@TheHuskyK9
@TheHuskyK9 4 жыл бұрын
7:05 No better example of that than Kim Hill, a former member of the Black Eyed Peas. When the Black Eyed Peas were still underground hip-hop, they were starting to gain popularity. Unfortunately, the label executives thought that it would be better if Kim showed off more of her body and sexualize her image. According to Kim, she viewed Will.i.am and the other members as her younger brothers since she was with them from the start, and she refused to change her image, so she left the group. She was eventually replaced by Fergie (someone who fit the image the execs wanted) and the Peas' image changed from hip-hop to mainstream pop and EDM. Nowadays, Fergie quit the group and the Peas have been irrelevant since 2014. According to Kim, she did not regret her decision and the members were still supporting her behind-the-scenes, even after she left. There's a documentary discussing about all of this in greater detail that I highly recommend watching.
@gabrielar9611
@gabrielar9611 4 жыл бұрын
My favorite black eyed peas song is Joints & Jams. Kim was a whole other vibe.
@gingerwingerful
@gingerwingerful 6 ай бұрын
Link to the documentary
@Rvu72
@Rvu72 4 жыл бұрын
the kpop scene basically took these scheme to next level right?
@theoutsiderjess1869
@theoutsiderjess1869 3 жыл бұрын
Yes
@Lady_Tee15
@Lady_Tee15 3 жыл бұрын
That's awful!
@andergarcia4953
@andergarcia4953 3 жыл бұрын
Yeah the record labels groom and raise a lot the kids to be famous pop singers.
@dystopicstate
@dystopicstate 3 жыл бұрын
This explains so much. I grew up in the Bronx during the late 80s, and 90s. That era was full of conscience rap and hip hop that opened my mind to everything from the criminal justice system to ancient history. Subjects like Black Wall Street that were never formally taught until I went to college, I first learned about through 90s hip hop. Now, lyricism is basically non-existent, let alone any intellectualism. Mumble rap has taken over and all these artists are basically cookie cutter versions of each other. But it makes sense when you realize that labels would look for "artists" who barely read let alone understand that they don't really own their money or their masters. It's sad cuz teenagers eat that shit up thinking it's the hottest shit out when really it's all propaganda. But no one is taught to think for themselves anymore, just to chase a bag they're never really going to own.
@bayareanewman1566
@bayareanewman1566 3 жыл бұрын
One of my favorite rappers out from the 90’s and who’s still active today is Paris. He’s from the Bay Area, and produces his own music. He speaks the truth, but nobody wants to hear it nowadays. Check him out! His first 2 albums are some of my favorite of all time
@pearlbossa
@pearlbossa 4 жыл бұрын
Entertainment is a really interesting industry when you look at the business side. This story reminded me of listening to WWE wrestler Daniel Bryan talk about how he was still broke, barely scraping by financially, when he was the World Heavyweight Champion. When you're not the top guy and can't get the amazing deals you are stuck paying for your travel (as in independent contractor) 5 nights a week across the country, your food, etc. It's amazing how much harder it is to "make it" even when you reach what you'd think is the end goal when you start out.
@andrewlei2980
@andrewlei2980 4 жыл бұрын
If this is true then Daniel Bryan needs to fire his manager right away. His manager was probably skimming off him and he doesn’t even know it,
@JERSEYBOYPLAY2HARD
@JERSEYBOYPLAY2HARD 4 жыл бұрын
YES
@AbdulForexInvesting
@AbdulForexInvesting 4 жыл бұрын
Will search about it
@shadieossei4336
@shadieossei4336 4 жыл бұрын
You are right! I have a question for you. If you're an artist, what would you like a company to do for you before you sign an agreement with them? I just want to know what artists actually need in terms of touring, promotion, distribution etc.
@GavisDean
@GavisDean 4 жыл бұрын
can you give me the link to that interview from Daniel Bryan?
@tenzackyogi1742
@tenzackyogi1742 4 жыл бұрын
This is exactly like students loans.......
@RuslanKD
@RuslanKD 4 жыл бұрын
Great video. As someone whose been working professionally in music you’re down in this is on point. She’s right. Anyone in the room gets a piece of the writing and publishing if they contribute. It’s also important to note that a “million dollar deal” is not just about advances. She coulda get a 300k advance, 200k to record the project and the rest allocated to market the project. All of which is recoupable and paid back solely from her slither I’d the royalty rate. Usually around 12-18%. Ryan Leslie is a legend. His superphone platform has been extremely helpful to help me better monetize my art.
@Cre8Lounge
@Cre8Lounge 4 жыл бұрын
Ryan would make a good guru for musicians by selling a system that would change the music business
@AdventureAthlete
@AdventureAthlete 4 жыл бұрын
I appreciate you brother! God bless! Uhhhyuuu! 🎯🤘🏼
@rocker6599
@rocker6599 4 жыл бұрын
In my experience the vast majority of musicians don't know how the music business works and fail to actually claim some of their income streams. Always read a contract with a calculator in one hand.
@JohnDoe-mj8rf
@JohnDoe-mj8rf 4 жыл бұрын
And hire a lawyer.
@mxp14242
@mxp14242 4 жыл бұрын
John Doe I was going to say exactly that. Contracts aren’t written to be read and understood by the average person- they’re worded and formed so as to be binding and enforceable by law. If you aren’t familiar with the terminology or are confused by the formatting, you couldn’t hope to understand one simply by reading the words on the page. If it was written by a lawyer, then you need to have it read by one as well. Knowing what it says isn’t the same as knowing what it means.
@DRUMNERD
@DRUMNERD 4 жыл бұрын
Awesome content Spencer! As someone in a band signed to a smaller indie I can fully appreciate and see value in everything you cover. The split we have is 50/50 which seems more common for indies than the average 85/15 for majors. Thank you again for this!
@Joseph-Tapper
@Joseph-Tapper 4 жыл бұрын
I would love to see more music business videos! As a musician myself just starting out these videos are incredibly helpful to get me thinking about how to support myself and not get into terrible situations. I've learned a little bit of music business from my classes on film and videogame scoring in college but it's the absolute bare minimum.
@mogomotsimmogapi8559
@mogomotsimmogapi8559 4 жыл бұрын
Dear Spencer My name is Mogomotsi from RSA. I just started following you and just want to say I find your content very educational. I wish more artists can watch your material before getting trapped into contracts. I wish to thank you and KZbin for what I've learned. If you could please make a video on the genesis of a contract basic things..Contracts on paper should be evolving to video contracts where parties discuss and agree on terms. This will cut out all the riff-raff jargon etc etc when it gets to litigation- technological advancement allows for this. You could also look at an artist called RUSS he is incredibly talented. Once again thank you.
@tonylancer7367
@tonylancer7367 4 жыл бұрын
This is what the new kids, especially hip-hop/pop world suffer from. Record labels appeal to them because they can finally drive that 2020 Phantom and show it to their mothers, but record labels pray on them, give them contracts that are difficult to understand and that everything will be smooth sailing. Ugh.
@orlock20
@orlock20 4 жыл бұрын
That's why it's called contract negotiations. As Beth Hart said, "You have the right to say no."
@louisbourbon8973
@louisbourbon8973 4 жыл бұрын
I thought it was crazy when I found out some of my favorite artists from the 90's and early 2000's were making more money now as lesser known indie acts than when they were all over MTV.
@vibhorsharma6432
@vibhorsharma6432 4 жыл бұрын
I would like to hear what happens when your music actually blows up in part 3
@ShotByGreenLightTV
@ShotByGreenLightTV 4 жыл бұрын
HipHop 🐲🔫 kzbin.info/www/bejne/jnythXWppaxkjMU
@tjslam26
@tjslam26 4 жыл бұрын
Those are the ones we are actually hearing about and what led him to create parts 1 and 2. Big, successful artists complaining that the label takes too much of a cut and struggling to get the rights to their music.
@Treyy101
@Treyy101 3 жыл бұрын
@@tjslam26 when a artist is done with the label like after they already did their albums do they get their masters again?
@KingUnKaged
@KingUnKaged 4 жыл бұрын
Kreayshawn: "It sucks man, anybody who walked into the studio got a percentage of the profits without even doing anything" Also Kreayshawn: "I didn't write the lyrics, edit the music, or play the instruments but dammit I deserve more money!"
@lilithdemonia74
@lilithdemonia74 4 жыл бұрын
Right. Point is her desires for max $ for little work is not much different from the labels. Fans want to act like the "artists" are all totally innocent here, but noone tells them to buy these mansions and fleet of cars and have a "posse" around 24/7. Its not like this is a new story....people need to learn from history instead of just repeating it.
@fallout560
@fallout560 4 жыл бұрын
She was the one singing though, right?
@_Aemse
@_Aemse 4 жыл бұрын
i mean she does the singing, dedicates her own life to their "image", and has to pay for it so yeah i think in her case she probably deserves more of the money - anyone can use an editing program or throw some catchy lyrics together, how many of the people "behind the scenes" are willing to set aside the next few years to actually bring their own music to life (or have the talent too), seems like they're just venture capitalists at best or con men & gangsters in most cases - once the bet goes bad you actively thwart any "re-coupment attempts" & take away their livelihood or means to pay you back. Like the way I see it, they came asking her for a fucking loan and to do the heavy lifting while they took the cream of the profit. Guarantee that some of these "shelved" acts are like stalked by record dealers tryna sucker someone in with predatory contracts (suge knight anyone?) and that its how they make their money, including sometimes getting a hit act that you can milk extra hard.
@kelsopresley
@kelsopresley 4 жыл бұрын
Ayo, can yall check out my music too? Im trying to build some awareness. Just need some support anywhere where i can get it? Its a short, 2 minute rap.
@SvenDzahov
@SvenDzahov 4 жыл бұрын
@@kelsopresley ill peep
@1KILOMUSIC
@1KILOMUSIC 4 жыл бұрын
Nice Work Spencer, you hit a high note, Part 3 could be around Eminem´s confrontation on 8Mile dispute (took it to the Oscars Night) with the Game changer Trump signed "Orrin B. Hatch Music Modernization Act" that bury many options to recover old material to their right owners...maybe(you´re good at find this out). Remember Music is the only industry where the artist lose the rights of his Masterwork for life, something it never happened to writers...good job!
@arcadiansounds2850
@arcadiansounds2850 4 жыл бұрын
i think a solid part three would be transforming this, bad things into the music industry and finish it with, what you SHOULD DO as an independent artist to succeed. youve done all the hard work of researching, I think this would help a lot of people and get a lot of views
@CodyMcManus
@CodyMcManus 4 жыл бұрын
Hey Spencer! These videos have been recommended on my channel and I have found them very entertaining, thanks for putting the time in on these ones. I don’t have any experience with major labels but I have negotiated a couple deals with smaller indie labels ($30,000 deal). If you ever wanted any insight into that I’d be happy to go over the contract with you and break down some of the numbers. I am planning on doing some videos on labels here in the near future myself!
@ivorydungeon909
@ivorydungeon909 4 жыл бұрын
Sounds interesting to me FWIW
@justmyopinion1098
@justmyopinion1098 4 жыл бұрын
Bet
@ojoemojo
@ojoemojo 4 жыл бұрын
So when lil uzi vert stood on his money and his height turned to 9’10’’ he was actually standing on the label’s money lol
@SinserNarmah537
@SinserNarmah537 4 жыл бұрын
@The Shinobi of Chernobyl 😂
@trapdeplugearma3940
@trapdeplugearma3940 4 жыл бұрын
I’m loving this series, If you could talk about how can we grow keeping as an independent artist
@AnmolShelke
@AnmolShelke 4 жыл бұрын
Yeah this would be amazing topic
@Steve_305
@Steve_305 4 жыл бұрын
The day everybody wants to become independent thats when the record labels will go bankrupt
@jordanthomas8540
@jordanthomas8540 4 жыл бұрын
@@Steve_305 Nah they own to much catalog to ever go broke
@MrRiffMusic
@MrRiffMusic 3 жыл бұрын
Trent Reznor from Nine Inch Nails stood up against Interscope Records in 2006. He was well and truly deserving of going independent.
@JRCSalter
@JRCSalter 4 жыл бұрын
So the record company can essentially give a loan to an artist, intentionally not release the album, and thus ensuring the artist cannot pay back their advance, and then ask for the money back. That is some truly shitty behaviour. I've read a lot about contracts for authors, and they are still bad but nowhere near as awful. At least writers get to keep their advance whether the book earns it out or not. In return for this, the publisher may wish to keep the copyright of the product for the life of the copyright, in all current and future formats (many publishers missed out on profiting off ebooks because they never anticipated this, so now they like to future proof the contracts). Many also say you cannot write for any other publisher (though such non-compete clauses may not be able to stand up in court), and they like to give you a percentage of royalties on the net, rather than gross, which, if they organise their accounts just right, could mean you earn literally nothing. It looks like if you are an artist, in pretty much every field, it is better, more profitable, easier, and more fulfilling to go indie.
@stephendverner
@stephendverner 4 жыл бұрын
Originally went to college to study music in the early 90’s to try and make it as a songwriter. Kind of stumbled into a music industry program at my school, changed my major to audio recording thinking that if I learned skills I could produce my own demos. Learned a good bit about the business side with classes in copyright law and promotion etc. and internships at local studios in Atlanta. Wanted to move to Nashville and make a go of it but ended up meeting my wife right before graduating. Turned my degree into a 23yr career as a tech director, audio engineer, and lighting designer. No regrets at all. From what I’ve learned in your videos I am glad my initial goals didn’t work out.
@bdubz_det
@bdubz_det 4 жыл бұрын
Great vid Spencer. The only thing ill add add here as someone working in this daily is that she was working very heavily in the industry directing music videos before her hit record. She can play dumb all she wants acting like she got played but she knew the game and sold her soul for a hit record. Fun fact: most in the entertainment industry (women & men) sold their soul or slept their way in for fame but push a narrative that they got played to take the heat off of themselves. Karma is real.. if you wanna be legit in this dont sell out.
@timflatus
@timflatus 3 жыл бұрын
Personal contact with your fans is golden. I've only just started down this route and have a long way to go, but already I know who and where my fans and superfans are and I know what they listen to. Several songs that I thought would be too personal have proved to be most popular. If I hadn't gone down the self-promotion route I would still be unsure whether I had fans at all.
@Datanditto
@Datanditto 4 жыл бұрын
I remember hearing in shock how James Brown once signed an up and coming singer/ dancer that was starting to get a lot of major label attention and then shelved their project to stifle the young dudes career. It happens..
@TavisMoore
@TavisMoore 4 жыл бұрын
Can you please make a part about producers? After my KZbin blew up along with getting a few placements, I received offers from Tory Lanes and other Major record labels. I just want to know the pros and cons when it comes to producers and if I were to sign, what would be a good contract (if there is one lol).
@kingdcn
@kingdcn 4 жыл бұрын
congrats 👏🏾👏🏾
@bassinblue
@bassinblue 4 жыл бұрын
I think Producers are usually way better off than being an artist, since we get percentages. Obviously it's different to each person, like Kanye being a producer then turning into an artist, because the pay out is way more when you're constantly performing.
@AnymMusic
@AnymMusic 4 жыл бұрын
might also be interesting to look at the differences between labels in the EDM industry vs pop/hiphop
@Mikaek
@Mikaek 4 жыл бұрын
I had an similar experience like this but on a much smaller scale. Guy tried to get me onto his “label” and showed me documentation of contracts from other business ventures that were successful. Initially we agreed on a $4000 advance with touring, merch, singles all going to help pay off the debt I had and make some money for me. After three revisions to the “contract” where I would be making less money, I told him it wouldn’t work out and that I’m done with him. Of course this left me with more debt than I started with because I had a pre approved loan I was going to use to pay my debt off at a lower rate. This also caused me to almost give up on music because of how shady the industry and people are. Now I’m trying to get back into writing and paying off the debt. Moral of all this, learn to play, write, perform, record, and engineer your own music, you’ll be happier. It may take time but it’s a great thing to invest in if you’re creative.
@beersnarkunbleached5660
@beersnarkunbleached5660 4 жыл бұрын
These record labels are evil. No wonder why they always get called "the devil" whenever artists talk about them.
@jungboomer_5362
@jungboomer_5362 4 жыл бұрын
Guess nobody is going to talk about how all these record execs are all part of the tribe, guess it’s all just a big cohen-cidence
@MB-nb7yq
@MB-nb7yq 4 жыл бұрын
Dirk Bogard wait, what tribe? 😳
@beersnarkunbleached5660
@beersnarkunbleached5660 4 жыл бұрын
Tilli G not sure if you wanna go down that rabbit hole, buddy
@beersnarkunbleached5660
@beersnarkunbleached5660 4 жыл бұрын
Dirk Bogard exactly too
@crnkmnky
@crnkmnky 4 жыл бұрын
@@jungboomer_5362 Ahmet Ertegun and Arif Mardin were not, but it's hard to find other exceptions to the rule. It's a good question, but of course I try not to play around such rabbit holes. Check out the Complex interview with Lyor Cohen. You can smell the sulfur… kinda?
@pixelvnce
@pixelvnce 4 жыл бұрын
I’m a professional musician and struggle to moonlight music and work-as do many of us nowadays. My buddy Gary and myself have this duo and we’re always looking to find ways to promote our music and make a living while doing it. I found both parts 1and 2 very informative. The end of this interview I especially paid attention to as that’s the way to work it! The last guy on this interview, Bryan, sounded like he got it right. Get rid of the middle man as well as the greedy record labels, who for years, have been ripping off many artists
@StefanBoeykens
@StefanBoeykens 4 жыл бұрын
Love the insights. I’m not a professional musician and release everything on my own under a Creative Commons license. But I heard quite a few ways that artists often don’t really earn much, even when on the surface they appear to have made it.
@yazzkits1043
@yazzkits1043 4 жыл бұрын
I like how you always balance up at the end and state the fact that at the end of the day the record labels are trying to make profit,Record deals are not for Charity,it's a buisness at the end of the day.
@grrinc
@grrinc 4 жыл бұрын
I hope this does become a series, it's fascinating. Also, my 14 year old son is learning producing and he is looking for ways to move his career forward. Great work man.
@BORGESALEPH78
@BORGESALEPH78 4 жыл бұрын
Steve Vai says that the best advice he ever received was from Frank Zappa: "Own your publishing."
@bloodmajesty414
@bloodmajesty414 4 жыл бұрын
I think that goes to the writing industry as well. In today's climate where publishing houses's knowledge on marketing is on par with the writer who self study - you might as well just study how to market yourself and self-publish.
@lebe220
@lebe220 3 жыл бұрын
Van Morrison learned that early enough.
@MarcoCastilloWorld
@MarcoCastilloWorld 3 жыл бұрын
Great man! Thank you for the part 2 running to see part 3, my father is the last guy from a famous Brazilian old group Trio Irakitan, I know a lot about the industry in Brazil and I'd love to share it.
@Emmajordan1998
@Emmajordan1998 4 жыл бұрын
Please do a part 3! This is really eye opening! I am definitely going to watch more about Ryan Leslie and his methods! I do everything myself with my music, and want to keep it that way, but I feel like I am missing out on promotion and the correct way to do it. Any tips on marketing/promoting? Maybe a discussion on strictly promotion contracts and if they are better (more creative control, money, etc.) for artists? Thank you! 😊
@denniscua9589
@denniscua9589 4 жыл бұрын
Your video about this topic is very useful for fans who wonder why their favorite artist stops making songs. But it is also helpful for new and hopeful artists. A lot I think does know the workings until they are in the industry
@canadacanada7640
@canadacanada7640 4 жыл бұрын
Technically the deal was not enough for recording an album. Feel sad for her and you need more money to get on the top. In this case you have to think about the artist that need to pay the expenses to survive. The numbers are not realistic if you look the cost of living today. Very sad !
@Innerslaught
@Innerslaught 3 жыл бұрын
I'm a songwritter. I record my songs on a rent studio. I still don't know exactly where my direction is with my songs. I fell into the xraymusic couple years ago. Paying for dropbox to submit my songs with no clear result. I think i just want my songs to be heard so I just uploaded them on soundcloud and stop paying xraymusic. Watching your part 1 and this really gives me new insight of how the music industry works. Thanks.
@DrumWild
@DrumWild 3 жыл бұрын
When I started pursuing music as a career, getting signed was the big thing, and pretty much the only substantial thing to do. It was much like you had to live in Los Angeles, New York, Nashville, etc., to get anywhere. Now you don't need to get signed, and it seems to clearly be the worst thing that can happen to you, AND you no longer have to live in a big city to be heard or to get results.
@insertyourquarters
@insertyourquarters 3 жыл бұрын
Already knew it was Ryan Leslie from the blurry picture, I love that man. Informative video 👌🏾
@Beautiful1901
@Beautiful1901 3 жыл бұрын
In the streaming age of music I'm extremely happy and lucky that I have disposable income to be able to buy my faves albums, merch and attended tour dates. People think that high streaming numbers means their faves are rich or relevant but they could be broke from the tactics that their labels use like paying for exposure/playlists on streaming services. My fandom gets a bad rep cause we constantly buy music that could be streamed but we are also well versed in how the industry works so we buy to support directly the artist we love.
@CorePositionTrading
@CorePositionTrading 3 жыл бұрын
Wow, just noticed you have Liar's Poker on the bookshelf on the back right ... LOVED that book ... talk about a story ... Salomon Brothers in the 80's ... Loved it
@doseofreality100
@doseofreality100 4 жыл бұрын
"I'm going to include a link to a really well written article...... from Buzzfeed...." haha.... good one.
@tendaichigondo4249
@tendaichigondo4249 4 жыл бұрын
😂😂😂😂
@SpencerCornelia
@SpencerCornelia 4 жыл бұрын
I felt so cringe saying that lmao. but the article is actually legitimately good. link is in description if you want to check it out
@wisenige
@wisenige 4 жыл бұрын
Thanks for shouting out Ryan Leslie. He's a standup dude!
@shimeih2287
@shimeih2287 4 жыл бұрын
When you said Harvard I immediately thought of Ryan Leslie. Great dude.
@georgeprice4212
@georgeprice4212 3 жыл бұрын
On the subject of albums being shelved: there are at least two artists I know of who shelved their album: Brian Wilson (The Beach Boys' "Smile", which eventually did see release) and John Fogerty (his 1976 album, "Hoodoo", widely and very poorly bootlegged).
@keydaniels
@keydaniels 2 жыл бұрын
Tech9 is another independent artist that is winning. I don't know his music but I've listened to his interviews and his perspective on the industry is an inspiration.
@3deeguy
@3deeguy 4 жыл бұрын
I'm not a professional musician but these videos on how the music industry works are so insightful that I had to subscribe.
@collettemclafferty2614
@collettemclafferty2614 4 жыл бұрын
I was in the music industry for years... the whole ride was so rough that I couldn’t listen to music at home for many years when I got out of it.
@ewaokes
@ewaokes 4 жыл бұрын
Are you better now?
@robg8784
@robg8784 4 жыл бұрын
...Sorry To Hear...Wow that's a Tough Ride
@collettemclafferty2614
@collettemclafferty2614 4 жыл бұрын
Ewaoluwa Okesanya thank you for asking. I still have some psychological blocks with it. I started listening to music again this year and perform occasionally, but I miss the relationship I had with music before I got into the business.
@ewaokes
@ewaokes 4 жыл бұрын
@@collettemclafferty2614 You'll be fine. 👌🏾
@chefajmwz3492
@chefajmwz3492 4 жыл бұрын
The fact that you just recommended another youtube channel to check out an interview deserves more respect, salute
@lisamay5649
@lisamay5649 4 жыл бұрын
This probably explains why some very successful musicians in past decades have decided to cut their careers shorter than others who continued in the business. They busted their butts fulfilling their record contracts and touring, then decided that it was no longer worth it when it became just going through the motions and falling into unhealthy lifestyle habits while the record companies they'd been indebted to wouldn't pay them what they were worth. Taking the "quit while you're ahead" approach was the best decision they could make.
@ann29light
@ann29light 4 жыл бұрын
thank you for making the part 2! I was really interested during part 1, and part 2 is also very insightful!! anyway, that's why it's good to trust labels with actual established artists/rappers as the CEO. they understand and want the artist they sign to make the music that the artist's own self wants to make. hopefully. that's what I understood of those labels that I know.
@ewaokes
@ewaokes 4 жыл бұрын
True
@MVProfits
@MVProfits 4 жыл бұрын
When I was looking at contracts, what POed most about that recoupable money and the way things are typically run: THEY (the label) basically decide how you spend that money! So pretty hard choosing your studio, producer, video crew, etc. as they basically pick from their network and everybody rides your money, overcharging with you having little say in it. And most managers get a cut from GROSS, so the more a label gives you to "invest" in your promo, the more managers make money. I was looking for one with NET in mind, so I could trust that manager would be on my team. I don't mind investing if I have a decent chance at a ROI and the investment itself isn't artificially priced higher... And the biggest danger of it all, as you mentioned in passing, is the record label shelving you. Worse than being independent as you're locked in no man's land. At least the debt you'd owe a record company is typically only paid back with music related income, otherwise it'd be a complete rip-off.
@davekiruluta6330
@davekiruluta6330 3 жыл бұрын
Hi Spencer, I like these videos. Have you ever heard of Ani DiFranco? She is a singer/songwriter who ran her own lable(Righteous Babe Records). She was way ahead of her time.
@SoniqSounds
@SoniqSounds 4 жыл бұрын
This is very important - every artist needs to financially secure the bag. Make sure you understand publishing and masters as well. Get your ducks in row before you sign anything. There are hundreds of books and free classes online available. Watch youtube videos. Be curious! Take charge.
@matthewa2412
@matthewa2412 4 жыл бұрын
Gucci Gucci was literally YEARS ahead of its time. This was sobering to watch, keep up the great content.
@GatochanBolivia
@GatochanBolivia 4 жыл бұрын
Matthew 4 : 9 they never read the full contract when they sign >_>
@DarkSideofSynth
@DarkSideofSynth 4 жыл бұрын
Yeah. Everytime I hear these stories where artists feel scammed, entrapped, enslaved and so on I go: have you just dropped from a spaceship, never lived on this planet and all of a sudden someone pointed a gun at you to sign that contract or can you actually READ, have you cared and took time to learn the rules of the BUSINESS you want to enter in (like any professional does in any other business), and have you really never heard about all the so-called horror stories that went around for decades about artists, managers and labels? Ever heard about Frank Zappa, Prince, and the list goes on and on and on? Stop wasting your time and money on stupid clothes and plugins, beats, Instagram stories and other crap and start learning your language, how an agreement works, royalties, copyright, taxes, expenses, legal terminology, licenses and so on. It's all in black and white on the freaking contract. If you have no idea and do not understand what is written, then just play in your bedroom or take the time to learn THE RULES OF THE GAME instead of then whining like a baby. People giving you money to invest in your business wanna get their money back... what a shock!
@vroomy619
@vroomy619 4 жыл бұрын
matthew 4:9 what a wonderful connection, a deceiver can show u and promise u all the treasures of the world it's tempting as hell but ultimately you won't get crap in return. is it all worth it just to have all the fame and short term materials? all that shit is useless anyways especially when you're bankrupt.
@DarkSideofSynth
@DarkSideofSynth 4 жыл бұрын
@Stella H Those 'reality show' contracts are so shitty, you're better off working for the mob - you get more freedom ;)
@theactualtruth4951
@theactualtruth4951 4 жыл бұрын
This verse is important is because once they sign the contract that is literally them selling their soul to satan, not just metaphorically, literally. That's why they are forced to push satanic themes and messages in their music. And why Kanye says if he says the name Jesus his record won't get played on his song "Jesus Walks"
@Treyy101
@Treyy101 3 жыл бұрын
@@theactualtruth4951 but some signed artists speak the truth like polo g. He signed with columbia and he be talking bout real stuff. Does it depend on the label?
@deansibinski5148
@deansibinski5148 4 жыл бұрын
Thank you sharing this info Spencer. More people need to be made aware of these shady, greedy practices that are now commonplace in music.
@bjorngeerman4431
@bjorngeerman4431 4 жыл бұрын
You should check out Russ! He says the same thing about record labels. That's why he mix produce and master all of his own music!
@uniworkhorse
@uniworkhorse 4 жыл бұрын
Thanks so much for showing us this dude, you’ve probably saved plenty of people’s skin
@ewaokes
@ewaokes 4 жыл бұрын
Mine included
@klausmatrajt8480
@klausmatrajt8480 4 жыл бұрын
Hey, I am an audio engineer and whenever I worked with label artists, the studio got paid by the label, not the artist. I also think that the advance money is paid off with album sales, merch, concert tickets, etc. Isn't that right?
@wesonthekeyz1796
@wesonthekeyz1796 4 жыл бұрын
I also felt the same though record labels are different. I think there is an advance in which artists are required to pay for every expense using the advance money n there is an advance where the label still caters for the artist's expenses but gets paid back through albums sales,shows, merch etc. as long the artist is able to break even. That's why young artists are always encouraged to invest their advance money instead of splurging on material things. That's why also some have contract disputes coz of not reading the contract right. Some record label executives are shady and take advantage of the talented(uneducated) youth. But an advance is still an enticing form of slavery coz you still have to pay it back.
@sphinxy_phoenix
@sphinxy_phoenix 4 жыл бұрын
Wow! Gratitude for this series and please keep it going. I'm a musician, voclaist and songwriter working to transition from corporate coggery to lucrative creatiing and the realistic information you present is enlightening. Keep up the great work!
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