Prince Explains Mariah Carey's $100M Record Deal

Prince is speaking facts
This is exactly why I stand for independence and ownership
Imagine how much record labels make from their artists
Just for the artists to have to ask the label for money
When the artist creates the music
Not the record label
Thoughts?
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[@lilbrah4794]

can someone break this down for me I'm not getting it 😮‍💨

[@TRMentality]

He’s basically saying that when Mariah Carey signed that deal for $20 Million an album & she won’t see much if any royalties on the backend from her album sales & that if he signs a deal with no advances to recoup and has a 50/50 profit split deal with the label he would make $30 Million from only 3 Million albums sold meaning Mariah’s deal sounded good from the outside looking in on that big $20 Million number but long term she’s leaving A LOT of money on the table.

[@saiyanleague653]

@@TRMentality Yup this don't count the house bills they have to pay, the taxes cut out of her portion, the car bills if you have a lot of cars, she needs food so that's money spent lol. Her mansions cost a fortune, she might even owe money to band members & musicians. The general public was shocked to find out years ago taylor swift was getting robbed from her online services. Even making under 50k when you've sold 30M albums worldwide. People in the business though weren't shocked at all. Prince made himself a chess player in the game, that made him a huge threat. -

[@TRMentality]

@@saiyanleague653 Facts 💯

[@darejob]

With the benefit of hindsight, CB, mariahs album sold 3M copies worldwide good for 30M at a 50/50 split. She prolly didnt make as much from the 20M deal all things considered.

[@lilbrah4794]

Now I'm even more confused 😵 ... 1. You said she signed a deal for "20 million an album" that has to be a typo bc that means each album sale she gets 20 million ... 2. Why do you say she won't see any royalties on the backend? 3. Wtf are "advances to recoup"? 4. So 20 million per album means 10 albums = 300 million while prince deal means 10 albums = 100 million??

[@markeesebutler]

Prince and Michael Jackson was speaking on it for years… RIP those greats

[@jr9655]

He and Michael were both murdered by the ws in these industries

[@giovannisocci8793]

Prince more so than MJ,I don t think MJ owned the rights to all his music,I think Paul McArtney owned some of MJ's music and made some coin with it.

[@markeesebutler]

@@giovannisocci8793 MJ actually bought and owned the Beatles catalog which he did with Sony

[@Slowhand871]

Don’t do fent

[@DesignsbyGina1]

That’s why they both are dead today. 👀

[@lb7068]

Unbelievably intelligent, insanely talented and fierce. He was not afraid to call out the industry for the crooks they are. They tried to destroy him but he prevailed and blew them all away. RIP Prince!

[@markfrost2707]

In all honesty he has 6 or so great songs that are known.

[@joshisenhour8464]

That may be the case, but he was far more then a writer/singer. Plus I'm sure prince fans enjoy more than 6 songs. The fact that you don't listen to him and know 6 of his songs is pretty impressive.

[@TechSecGuru]

Prince appeared on Jay Leno's show in 1999 and spoke about Mariah Carey's record deal with Virgin Records. He said that if Mariah's contract gave her only $20 million for selling 3 million albums per album, she was getting a bad deal as the major record label she signed with kept $70 million for themselves. He also mentioned that he himself was no longer signed to a label per se, but he released his records through himself. If his record sells a million copies, he gets $10 million. If his records sell 2 million, he gets $20 million. Prince was talking about the unfairness of the music industry and how artists are often taken advantage of by major record labels. He believed that artists should have more control over their music and be able to release it on their own terms. Prince himself was known for his independent approach to music and was one of the first artists to release his music online.

[@tinanaioti3214]

Of course… he self taught every instrument

[@SierraLee-sm4lk]

New artists today being so eager will look at the dollar sign the label throws out there and then every expense is taken out of that but they may not be experienced enough to know these type of bargains even exist

[@SierraLee-sm4lk]

New artists today being so eager will look at the dollar sign the label throws out there and then every expense is taken out of that but they may not be experienced enough to know these type of bargains even exist

[@jaylove954]

Thankfully she “flopped” and was out of Virgin records fast and they even paid her to leave. They lost more than she did. So the universe always had her back.

[@Oneness100]

Mariah signed a $100 Million contract. Yeah, but if you don't go through a record company, then YOU have to pay for advertising, promotions, etc. and YOU have to hire your own staff to manage your own record label, so it does cost you more to make that extra amount. Some artists don't want to deal with their own record label as they just want to focus on playing music and not have some organization of people to deal with. That's why not all artists own their own record label and STILL go through the record companies.

[@LoveJoyPeace4612]

Prince was insanely intelligent and unbelievably talented. RIP Prince.

[@filmsforfrens]

I mean it doesn't take a genius to figure out basic math lol

[@mindwash1613]

For sure…trust and believe he knows what he talking about.

[@JK-ry7id]

free speech; he was narcissistic and selfish he could have helped the homeless and jobless

[@Ray_____]

There is no indication WHATSOEVER that Prince was anything close to "insanely intelligent". He's playing VICTIM here (all to common these days) and spouting memorized nonsense.

[@TheAcceleratorMagazine]

Yep, and way too smart to go out like he did. Probably somewhere chilling, writin cool music and just waitin to come back as the "Artist Formally Known as Dead"....

[@SurfSailKayak]

That's why Prince is considered true Royalty.

[@BrianSmith-vk5ym]

He didn't bite his tongue .. he left the label changed his name dropped his album on the internet and still went platinum

[@jsutigers8954]

🎯

[@oholm09]

He sold his albums independently his own label

[@JJ-fq4nl]

If you bought his concert ticket you also bought his album. The concert included the album. also.

[@knix2for5]

​@@JJ-fq4nlyup, he went multiplatinum like that too . He owned the front end, backend , tours, merch, and wrote off his losses most likely too. He put artist on game on live tv

[@Ahoto_papa_bi]

You still needed the label to sell millions though because they had the infrastructure back then. You couldn’t do that on your own unless you were established like a Micheal Jackson or a Prince.

[@tawanabrown8908]

He never sugar-coated the record industry bull**** and he didn't give 2 *****!!!! This is why he got what he wanted in the end and his actions helped so many others such as Anita Baker get their due!!!! Rest well Prince Rogers Nelson you are still the man!!!! 💜🙏🏾

[@themightEmudE]

On his Musicology Tour when you purchased a ticket, it came with the album. You paid for the album because it was included with the price you paid for the ticket. There wasnt a "no album" option because majority of people didnt know until they were handed a cd at the show. Brilliant move because this way it went to the top of the charts because most people just wanted the 20+ yr old classics and could take or leave anything they didnt know. It was also his first major tour when he finally owned his name and work. Sold out everywhere and the album if not #1, was easily in the top 5 on the charts making more people wanting to buy it. Bowie and Prince performed until the day they died...both passed away the same year.

[@basskilla3050]

The music execs were RIPPING THEIR HAIR OUT AFTER PRINCE DID A "CHECKMATE" MOVE WITH THAT TOUR.......My understanding is that P was the ONLY person to make a move like that.......The execs took action to make sure that NEVER EVER happens again....

[@themightEmudE]

@@basskilla3050 That is why Prince was always "appreciated" by the industry but tried to make him a joke like the symbol (which he used to get out of his contract, another ingenious move) and would down play how incredibly smart and legendary talented (watch him play guitar for the George Harrison tribute) he really was since he always got the best of them. Hell from one bassist to another i watched an interview about how he told someone how important it was to play the basic bass line to whatever song they are performing that becomes ingrained in them. Then and only then you can add fills or anything extra. He's 100% correct.

[@pinkoslayer]

Yep. Bowie also understood the system. Two brilliant artists.

[@PinkJoy143]

​@@basskilla3050Frank Ocean finessed Def Jam. Russ picked up the torch. Tory Lanez as well, he was on the cusp of shaking %©¥¢ up in the industry. Look how that turned out.

[@autsept7116]

Literally have the tee-shirt. I mean, I really wanted to see him dance (lol), but I love and appreciate what he gave me.I know every word to Musicology.

[@averyj8924]

He was ahead of the game. He knew his worth. That's why he fought for his songs.

[@dominiquejones3805]

Then 4 his family 2 basically hand over everything

[@TzoHill]

Yeah, and also that's why he's 6ft under. They don't like intelligent individuals

[@larrymitchell692]

@@TzoHillexactly

[@JaymelHall]

@@TzoHillso his overdosing is the gatekeepers fault??

[@TzoHill]

@@JaymelHall "overdosing" yeah? Haha don't believe everything you read. I highly doubt it was an overdose

[@WickedAng43]

You are missed immensely - Rest in Peace

[@rahmancooper9716]

Record companies give you pennies on the dollar. Prince wrote 99% of his music and 99% of the beats and melodies. Recorded it in his own studio. Artists like him deserved more than half.

[@WinnersOnlyLotto]

That's the key difference he's a special artist! Most artists don't bring all what's needed to break an artist and promotions!

[@williammilestone5386]

Prince ain’t doing nothing now except feeding worms lol NOW who has the best record deal

[@truthbetold06]

@@williammilestone5386 Disrespectful af

[@kayothechosen1898]

​@@williammilestone5386YOU A CLOWN

[@JonathanAguilar-b2d]

@@truthbetold06welcome to the real world kid

[@marcusmiller3798]

That man was a freaking genius! He was just explaining HIS own independent deals.

[@andreaskarlsson5251]

Problem is, he could do it cause he's Prince. 😅 Most record studios help their artists more. Not saying studios arent ripping of the artists. They absolutely do. But this isnt good advice for most artists. Few artists can go independant and become successful like that sadly. Exposure sells, simple as that.

[@GC16199]

If you can't divide 18 by 2 then you are most definitely not a genius... 😂

[@ilèńt702]

@@andreaskarlsson5251 True very few successful independent rappers 1 is SPM from houston blew the fuck up made his own label brot out dope rappers and the Fedz hate to see a Mexican getting rich so they locked him up SMH u know they had it out for him wen they gave him 45years! Wtf killers rapist n sex traffickers get less then that not to mention Akon R Kelly & Damion all did the same shit SPM got 45 for except for Kelly he went a lil more extreme then the rest but they’re signed to the music pimps so they let them slide smh. Master P & all of no limit was making bank & paying his artist putting them on game not like baby paying his artist way less then half while literally fucking lil wayne & not just fucking him over. Tech n9ne is one of the last ones left to make it on his own and comes out with strate bangers & lately he’s been featuring a mexican female artist well known to us in the underground Snow the Product & she can hang with the best of them respect to tech for working with 1 of our own & snow keep doing ur thang cuz ur on fire🔥

[@jasonito23]

@@GC16199 - He said roughly because he knew he was going to go further with it. No need to be exact. He rounded $9.00 to $10.00.

[@john.premose]

What are you gonna do with all that money? Nobody needs all that. He still died at like 55. Who's the genius now?

[@warriorwhoembracesra.]

REST IN POWER TO PRINCE HE ALWAYS KEPT IT 1000

[@pameladavis7850]

Checkmate ❤

[@JK-ry7id]

free speech; he was narcissistic and selfish he could have helped the homeless and jobless

[@slowboi1688]

@@JK-ry7id he did helps tons of charities in his lifetime but he didnt want his name to be used as he wasnt a clout chaser like most artists nowadays.

[@chickennuggetking313]

Prince had the balls to speak about this on air.

[@Nobody-ji1oe]

Yeah he was a ♊ They always spit the truth whether you want to hear it or not!

[@PinTooTrill]

@@Nobody-ji1oe💀💀 Jesus Christ nobody gaf if you’re a capricunt or an aquarium.

[@yxungboiOYA]

@@Nobody-ji1oe🤓🤦🏻‍♂️

[@ancestorofJacob]

And this is why they killed him

[@Nobody-ji1oe]

@@yxungboiOYA Leave me 'lone huh!

[@carmenhaines150]

I sure miss him. He was an intelligent, fun, and extremely talented man who made beautiful music. I loved his clothing.

[@CurtisTobal]

Me too

[@LifeOfThePod]

He wouldn’t do a feature on anybody’s project unless they owned there masters…. That’s why he’s the goat 🐐 music education 101

[@Demi1369]

Their, not there

[@nazairbey2603]

Prince was on point and about his business way before his time. Knowledge is key.

[@cortwomble6766]

Wym way before his time lol. Makes no sense. He was just a normal guy with common sense.

[@networth00]

But left no will.

[@neilbiggs1353]

He is a bit wrong here though - if an album sells for $18, typically the retailers will have bought it at something like $6, and a lot of the $12 balance will include costs like storage, wastage staff costs, there were a lot of hands in that pie... He needs to be looking at the factory gate price, and asking what percentage of that can he get? if you call that say $2 out of the $6 (which is still a bit high), and then Mariah needing to sell 50m records, then it looks about right, though of course there are additional revenue streams (at least in that era) of radio play and licensing. You look at artists getting maybe $0.005 per stream and it takes a few hundred plays of their songs to get from one person the same as they got from one album sale. Even if the old margins looked a bit cheap, they were still mostly better off

[@agawied2910]

@@cortwomble6766because most artists are broke and being able to have a million dollars in your bank is amazing until you realize the company you signed with is taking most of the money you earned and not really adding any value to the art you are making. Prince was one of the first artists to own the rights to his masters and make all the money he deserve on a global scale.

[@happinesspeace3028]

And that's why he did his own thing and "they" didn't like it

[@ericmorse2251]

That's why they got rid of him they make a lot of deaths look like suicide to make sure they do not break contract by exposing how things work same thing happened to Epstein

[@charlesfaile7452]

Yeah , because he was cutting out the middle man , he recorded and produce his own albums...😂

[@eightiesbabynintiesmademe]

“They”? Just say record label and relax 😂

[@Connection-Lost]

@@eightiesbabynintiesmademe Who owns the record labels?

[@dingus6317]

@@Connection-LostSame who owns banking and news and politics

[@averagebeastt3606]

He was one of the rare ones the flipped the script 💯 RIP 🙏🏾

[@Contractorhouseguy]

mark

[@MorpheusOne]

He was a junkie. Maybe that's why he's using fuzzy math.

[@chrisv.noire.6388]

Prince is the only dude that could show up at a spot wearing a blouse, make up and high heels and still leave with your woman. This dude was special.

[@ronnikimberlin3365]

My dad says "prince could take your woman while dressed like a woman" lol we love prince!

[@blaque53clay24]

Facts

[@barbaralee9097]

You right Special special lol

[@brooklynbred1460]

He's dropping science and that's what you focused on? Seems, you're the one special

[@KamariV]

@@brooklynbred1460 thats not science, all 3 of yall special especially you tho.

[@robluv2799]

Prince was no dummy… 💯 RIP

[@ricksanti6203]

Yes he was a dummy cuz he's dead now he got himself killed and Mariah Carey's worth a half a billion

[@PurplePerinaise]

Amazing how basic maths can help you in life

[@omerBandz]

Government definitely killed him

[@echangeourlifee9465]

that's why they killed him.

[@SierraLee-sm4lk]

Why is this just now getting attention?

[@cbreezy1322]

I recently just explained to someone about TLC after they won an award and they told the world through an interview at that event that yeah the award is cool but WE BROKE!

[@StopSelfDoubting]

I remember that. My stomach dropped! I was like HOW??

[@Kinobambino]

Wild

[@centigradz2centigradz289]

Ppl didn't get it back then. These ladies should be billionaires by now. Sadly they didn't receive a penny of their sales coz all that money was deducted for the extravagance and the basic expenses. But the record company is still making millions.

[@kevinmoore2929]

Pebbles did TLC wrong as well. Research her role in what happened to them.

[@cbreezy1322]

@@kevinmoore2929 oh i remember them being signed to her label with a BS deal

[@connorvanzant594]

this is why he played every instrument, did his own production and owned all his masters. aside from his musical genius he was also a business genius. never been my favourite artist but i definatly give credit where credit is due to this man

[@tmj2016]

❤And that why they killed him.😢😢😢❤❤❤❤

[@connorvanzant594]

@@tmj2016 who's they? I wouldn't be so quick to jump to those conclusions his money still couldn't be redirected to "they" cause of his accidental overdose of fentanyl, which could be easily made to look like an accident but why wait so long? its sad but I dont think there was foul play especially when it was all his own and so many years since his big albums. Thoughts and prayers though

[@leslieclark9285]

​@@tmj2016get real and learn how to read.

[@devesongs]

He didn’t own all his masters

[@Real_Life_Is_More_Important]

Agreed.

[@daramckee6950]

I love Prince, he was always so smart n creative n an amazing artist.

[@SnowForgeHammer]

Prince was a very intelligent man all around

[@alicegauteng2358]

Not intelligent enough to stop taking drugs

[@cyrusacre]

"If this is the music business, then the *musician* should receive the lion's share." - Prince

[@graphicacedesign]

Lol such a naïve soul most artist like regular human beings, aren't trained in finance they just want to make art which business people pray on to make money

[@mr_knowitall]

Yes and no. The artist takes zero risk. If the album flops, does the artist pay the label back their losses?

[@cyrusacre]

@mr_knowitall TOTALLY disagree, Prince didn't say the musician should receive the *WHOLE PIE*, he says the musician should receive the lion's share - if the album flops, absolutely the label should be compensated for their loss! At the same time, that doesn't entitle the label to 99% of every album sold (*are you serious?!!?*)! Look at this from the musician's standpoint and not the label's - the *musician* is the creator and the talent, *NOT* the label!

[@mr_knowitall]

@@cyrusacre the label doesn't get 98% of every album sold. The artist typically got $1 per album sold. One other thing that is fucked up, though, is that the label recouped their expenses from the artist, so if they spent 1 million on the artist (income, studio fees, marketing, etc.) then the artist had to sell one million albums just to break even, and essentially financed their own album at that point. I always thought artists shouldn't have to recoup, which would have warranted the label's share purely out of the risk they assume. In a capitalist society, the risk takers get the lion's share. How would a label recoup their losses from a broke artist if the album flops? They wouldn't. Besides, if the artist could mass produce, distribute and market their own music, they would have....and they did, when they could.

[@n34z3r]

@@mr_knowitall they never got $1 per unit. It was, at most, 25 cents and that was Michael Jackson. Most got less. It may have changed but never $1. That's why Prince, Ray Charles and a few others always said own your masters. If the artist left the company can continue to sell their recordings and not pay the artist a penny and the artist can't sell their material on another label because their former label owns it. The creator needs to be heavily paid for their work. Royalties should go to the company not the creator.

[@iunderstanphotography2780]

damn I miss Prince just hearing his voice and energy

[@SrAntonio301]

Agreed. His presence was otherworldly.

[@nautnadrofire]

This comment needs more likes. Prince was a Boss! Rest easy Prince Rogers Nelson

[@minokafonseca3229]

He's maths is messed up I don't get his math .. but I get what he's trying to say ... How half of $18 go to 10 million 😅😂😅😂

[@linfordmaxwell]

@@minokafonseca3229 3 million copies @ $18 54 million. Then there's this thing called overhead and taxes. HIS MATH IS SPOT ON!

[@walt3rwhit387]

He sound high

[@armorykittington]

Man, I miss CD stores _SO BAD_ it's actually bringing me to nostalgic tears. Going to the mall, walking into musicland with an Orange Julius in hand, checking out the newest albums, going over to the wall and putting on a giant headset and listening to selected tracks from 6 albums to decide if I wanted to buy one or not... Discovering music was such a huge ritual thay defined your character and expressed who you were to the world in such a dramatically different way than how it is in now, in 2023, where you can just stream any song that ever existed or download it illegally for free and put in on a rectangle in your pocket. I'm going back to the portable CD player that I have to hold horizontally and buying AA batteries.

[@Hazelthehedgehog22]

I can see that. It sounds like an amazing experience. However, I was born in 2003 and I have discovered Wham, George Michael, Prince, MJ because of that rectangle in my pocket. The internet allows older music to have a comeback, more so than in the past. In stores that still sell albums and CDs, I have never seen any Wham or GM. I have seen Prince's Purple Rain and MJ's Thriller/Off the Wall, but half of the songs I listen to I have never seen in store. I wish I could experience what you described, but I am grateful, in a way, I have the ability to discover older music for the first time--even if the songs did not chart to top ten. As a person in my 20s, people still gravitate towards a specific style of music even though we have access to so much. I know I gravitate towards pop/country more so than other genres. Music is still a definer of character. Concerts though, I feel, define people more because you have to decide if you want to spend that much to see an artist.

[@meghanmisaliar]

So true. I miss those day. Everyone had a huge CD carrier in their car lol

[@kidkrazen]

yeah but at the same time back then you’d end up missing out on so much good music if it never came across to you. Someone who may have been a deep fan of hiphop would never discover rock or metal whereas nowadays everyone is aware and can find all different kinds of music and artists easier

[@mrsx7944]

​@@kidkrazenyou couldn't be more wrong. I grew up in the 80s and we were exposed to a LOT more variety than people are today. We had MTV and RADIO stations.

[@mrsx7944]

​@@kidkrazentoday it's very "niche". People only listen to certain genres.

[@Oh_Tom]

The artist formally known as prince, was intelligent and business savvy.

[@red-hat-mike]

Nope, not with that logic.

[@123macks]

That’s y he got bumped 🤔🤔

[@t193u]

Doest require being business savvy, just exercise common sense and critical thinking.

[@tloco1529]

And he aged so well because he don't believe in birthdays 🗣🎙🔥🔥🔥💯

[@m.dionlewis439]

Prince was business savvy yet didn’t have a will made out , so without a will there is no way his legacy and music is protected as he wanted it. I’m sure his royal badness didn’t want Paisley Park turned n2 some museum . He was a private person from what I understand.

[@emanuelsantos5925]

The world misses you Prince

[@rockrhymrr]

not really

[@emanuelsantos5925]

@@rockrhymrr we never included or invited you to be part of the world anyway.you are just occupying space

[@misstunes1765]

​@@rockrhymrrWe see you don't pay attn much. Does no one miss you?

[@rockrhymrr]

@@emanuelsantos5925 😄😃

[@rockrhymrr]

@@misstunes1765 much attention* does ANYONE miss you*

[@abubakryasin5082]

Miss him, he was so special ...

[@MikeyBAAZ]

His solo in the rock and roll hall of fame his guitar solo was great

[@MatthewBrooks-y4y]

Legend

[@janicepearson7382]

Oh How I Miss You Prince My You Continue To Rest Peacefully 🙌🏾🙌🏾🙌🏾🙌🏾💜💜💜

[@ChrisHarrell-c3s]

He was a great business man who supported his own music and didn’t let record labels take him to the bank!

[@mork6668]

Oh really?did you listen?He was saying every album costs 18 dollars, however he was making the math as a mad man😂

[@juliedepaolo9971]

I did not realize he was such a business man. They weren't going to take advantage of him. He understood the business aspects.

[@milanpeeters6305]

​@mork6668 also saying that 8 is roughly 10...

[@ChrisHarrell-c3s]

@@mork6668 he cut out the middleman any time you can cut out anything you’re making more money and he called the shots

[@ChrisHarrell-c3s]

@@juliedepaolo9971 well, now you know

[@rstokes9518]

Very talented and savvy. Miss you Prince. Rest easy King 👑🎉

[@saltlife2547]

There's only one TRUE KING.🙏JESUS!

[@rstokes9518]

@@saltlife2547 Agreed 💯👍🏾

[@Myselfnyou]

Very talented and savvy. Miss you Prince. Rest easy Prince! 👑🎉

[@phillipzimmerman4522]

He was always a legend in every way.

[@Thisistheday3]

Exactly! 💯

[@danielmarquis5258]

Not only is Prince my favorite Musician, I can listen to him talk all day long.

[@sandrayoung1586]

me to

[@mamabear619isalpha8]

One of the most laid-back, sweetest and smartest people I've ever met! Enjoyed that our talk was real! Miss you PR!🥰🥰😘😘

[@joseywales148]

It’s a shame he overdosed on fentanyl, like Michael Jackson, Tom Petty and countless other musicians

[@dennissettlemyre917]

@@joseywales148….Michael Jackson was getting knocked out by a personal doctor with Anastasia (what they knock you out with when you have surgery). That’s why the doctor went to prison

[@joseywales148]

@@dennissettlemyre917 MJ overdosed on fentanyl- as did Prince, Tom Petty and countless other junkies

[@pbodyblaque2532]

Knowledge is potential power, til it’s used!. Well Said, Purple One. A pleasure knowing u in this lifetime!. 👍🏾

[@MsAmique]

He’s so beautiful. Physically and mentally.

[@MrSte2phen]

He had aids was a junkie and beat up women. Cheers

[@edenjans8366]

What a Legend.. Miss you Prince, Rest In Peace Brother.. ❤

[@JohnBarrylizard]

Prince seems like the kind of person who was good at everything.

[@justgavin_]

well he kinda was lmao

[@markbernhardt6281]

He also wrote tons of songs for other people so he didn't have to promote them and got paid when other people sell them. For example Nothing compares to you by Sinead and Manic Monday by the Bangles

[@steve_bal4]

Except being tall.

[@corrosivedevourer]

​@@steve_bal4shiiit, aliens are short yet they're more advanced than us

[@jasonito23]

Well he knew he was getting ripped off for his music. So he learned from experience.

[@bricktothehead]

Prince understand the game and the numbers game very well.

[@brianborja8538]

No he does not cause it literally made no sense.

[@Tes7000]

The example given in this video was nowhere near accurate. When CDs were $18, the actual wholesale price of a CD would have been half of that. Even factoring out the royalties specified in the contract with an artist, the record company would have had to finance the actual production of the album itself, making all videos and other promotional materials with the associated costs, promoting the album at radio and on TV, actually pressing up and distributing the CDs themselves, and dealing with chargebacks. The record company also has its own operational costs -- office space, staff, and other related costs. There is no business model that would have resulted in an artist receiving 50% of the retail price of a CD while signed to a record company.

[@anthonybelyea1964]

I miss Prince he was a great musician, song writer and poet. I'm sure it would have been interesting to sit and have a conversation with him.👍😎🇨🇦

[@jacquelinefortune8621]

I could watch Prince and listen to him talking all day long. He was so creative, intelligent, savvy, a musical genius and something unique. Rest in power Prince 💜💜

[@courylanders4142]

A decade earlier, Little Richard was trying to tell the world the same thing. Some stars were listening. Prince and Michael Jackson were listening.

[@KalleKongo-uf5ei]

Mj got screwed😢

[@robertulloa4043]

when MJ died he was bankrupt and broke

[@waynefletcher9884]

@@robertulloa4043dumbass MJ estate is worth $482M

[@annajones8941]

​@@robertulloa4043not necessarily, considering he played it smart financially. Mind you, he was free agent and owned his master's. He made MORE money dead than he was alive, (and he had a lot). What he did sounds a lot like putting it on a trust fund so that his family be straight long after he gone

[@MJForever1999]

​@@robertulloa4043His estate was, not his personal finances.

[@davidhawkings5548]

Absolute legend ...never to be repeated 😢

[@Maggie_n_Mitch23]

Purple Rain , , my god !! I felt his '' Feelings '', artistic fabo 💔

[@oscarmarroquin4374]

mariah has sold 200 million copies across 15 albums world wide for her career. lets suppose the average price for one of her albums was $18 200,000,000×18=3,600,000,000 50% of $3.6 BILLION YES BILLION is $1.8 Billion that Mariah Carey wouldve earned based on the 50% hipothetical deal Prince is describing. However Mariah got a deal of 20 million per album. 20,000,000×15 albums= 300,000,000 or 300 million that means Mariah Carey left $1.5 billion dollars on the table in career earnings for the record label. so yeah she got royally screwed.

[@FreeBlackConservative6859]

Damn

[@rolandharris2706]

Depends. Is the $20m guaranteed? If so you take guaranteed money over potential money.😅

[@FreeBlackConservative6859]

@rolandharris2706 That's like saying you spent years processing 20 keys of the finest most pure coke that's in demand. It's worth 6 million easy all you have to do is mix it and sell it wholesale. Then somebody come with a proposal saying yo! If you give me 75 percent, I'll make sure you sell it all in a timely manner! And help you sell everything else you process. That's crazy especially when you have to work harder to get not even half of what u would get selling direct. You're either naive about the business or don't know your worth. So yeah! You get screwed.

[@martinstilltz638]

Well since you put it that way lol

[@berthahowell9258]

​@@rolandharris2706in buisness potential money is always better than garuenteed. Infact almost all buisness works on potential gaines..record companies screw artist because artist think like how u described and take the gaurenteed..there a reason independent arrist are selling alot less but seem to be richer than artist wirh record deals..even artist like drake arent as rich as theh seem..drake had a 360 deal on young Money that had a 360 deal with cash money

[@FixedFocusProductions]

Prince was amazing. Not just musically, but he really understood how the music industry was taking advantage of its artists. He predicted the future.

[@coolcwby2288]

Prince is the G.O.A.T. 💯 🎸 🎸

[@paulmurphy8549]

Is? Was

[@OxenFloxen]

Prince was a national treasure gone way too soon 😢. As someone from Minnesota, I'm sad that I never got to see him live

[@qweencookievalentino8692]

I as well being from Minnesota, however I did go to the same high school he went to❤

[@Whoopdido777]

@@qweencookievalentino8692 I’m also from Minnesota. I was born there and lived there for about the first 40 years of my life. I never saw him live either and regret it. It was shocking when he died. I guess the closest ever got to seeing him in any way was at the Science Museum one time. They had a Prince exhibit going on with a bunch of his stuff in there like his clothes and guitars and stuff like that. That was cool.

[@MrTonyBarzini]

He was long washed up before he died

[@OxenFloxen]

@@MrTonyBarzini thats wild

[@joseywales148]

@@Whoopdido777 He was a junkie - overdosed on fentanyl

[@Christenwicker]

ABSOLUTELY LOVE PRINCE! Hands down one of the BEST! You're truly missed! ❤

[@samsteen2115]

Prince was a gentle genius that’s why he was loved by everyone, even though he’s dead people still love him today, RIP prince

[@wonanimal4528]

True legend.. RIP

[@UniquelyKnowledgeable]

Mariah received the 2000 World Music Award for being the best selling female artist of the millennium, she had over 220 MILLION record sales. Using Prince’s example, if each record sale was $18.00 each and she received half that sale, $9.00, her total would be $1.98 Billion dollars! Close to 2 Billion vs. $100 Million. She was clearly screwed over. 😢

[@kingkie04]

Thanks for explaining how she got screwed

[@qwertyuiop-ke7fs]

No, the companies market the music and have all sorts of relationships. If she didn't need them, she should have gone solo without them and see how that worked out.

[@TheAcceleratorMagazine]

Guessin the artists don't get anywhere near half....of anything. BUT 100 million dollars still pretty good money for singing songs one time. Probly STILL gettin paid from back then....

[@lisasdubois-writeinyourfac6206]

Wow

[@rebeccaspratling2865]

​@@TheAcceleratorMagazineshe also writes and produces but I would be happy with 100 million, I don't complain 😂

[@richardmccormick859]

Prince kept it 💯

[@tianabrown3074]

I saw this when it was broadcast and always remembered it. Prince was so down to earth and businesslike.

[@anthonykehoe5257]

The world lost a genius the day this man passed 🙏🏽 🎶 🎼 🎸 🎹 💔

[@AJ-bz7wq]

100%

[@nitsuanomrah6997]

I like he asked the crowd "half sounds good?" Everybody cheers and claps. Then he put his hand up and they all stopped instantly

[@Thisistheday3]

They respect him! 💯

[@sweetteagrits3822]

I like how was bad no idea what one sold for?! Me scraping up change BITD to buy an album 😂…

[@tonycassali4538]

It's recorded and the crowd's noise is added later

[@andrew36345]

​@@tonycassali4538no it's not. It's a live taping with a studio audience

[@Aerational]

Just scrolled down to say the same thing. He knows how to command an audience for sure. Does it so casually like a hypnotist might.

[@OfficialRayJaxon]

"if you don't own your masters, you're a slave" -Prince

[@TMCremixes]

Mariah now owns her masters, so things worked out for her in the end thankfully.

[@kevin_dasilva]

That's so brilliantly poetic, it's crazy

[@Nitebug61]

I read that Prince said - if you don’t own the masters the masters own you.

[@RespectAllGirlz]

Bruce Lee is asking us to be water

[@12890mrkickass]

Lmao that maybe made sense 20 years ago but have you seen the people coming out of college? 😂

[@KasimOwens-lo8vg]

Smart. We miss you Prince.

[@Devil0027]

Prince & MJ were two juggernauts and they tried to give this free game many times, folks just weren’t trying to hear it. RIP to them both💯

[@theblackwidowchronicles]

Wacko was a kiddy fiddler and he was rubbish anyway, didn't play any instruments, didn't write his songs and had more plastic surgery than liz taylor

[@jakobcampbell3837]

Not true at all regarding MJ. He asked the Beatles to teach him how to be financially literate in the music industry then turned right around afterwards and bought all their royalties to their music so they couldn’t, Michael Jackson was a scumbag and a pedophile. Can’t stand when people randomly compare MJ and prince.

[@justenrobinson433]

Real rap.

[@karokier83]

She's not dead

[@spaceforce0]

@@karokier83M J

[@lakiahaughton3613]

Prince was such an Outstanding Legend ijs he wuz knowingly WELL EDUCATED, DEFIANT & RESILIENT in this biz cos he wuz REAL Asf & it shows....Dearly miss him!!!🙏🏽😇💪🏽💜🎸💜💜💜💜💜💜💯

[@TomAnderson.]

This is why we love him. He was real to the core of his bones.

[@fredwerza3478]

He mastered like 22 instruments by the time he was 19 years old 💯

[@KayKay-fc5sg]

Throughout his career in totality he learned to play 27 instruments all self taught!💜

[@Uneke]

Annnd he served pancakes

[@MaxineTheQueen1]

Until he became a self hating Christian.

[@calilove6445]

Anyone notice what happens when artists go after the record industry or their label?... RIP Prince, gone too soon. 🕊🕊🕊

[@Ushay.W]

Kissing 6ft... Crazy..

[@basementtunesentertainment279]

Anyone else notice how many people die every second on this planet? If they were famous, it's always a deep dark reason. No one with a record deal can die..... ever.

[@xejelah]

@@basementtunesentertainment279 It's more suspicious when they're found dead in an elevator. Not exactly normal circumstances and "fame" has nothing to do with that being off.

[@basementtunesentertainment279]

@@xejelah I have no idea what your "off" comment is about. And if 1 "suspicious" death was all this was, then that would be different. None of them die without these kids of theories. None of them.

[@erictoomer5665]

Prince broke it down to where a layman could understand it 💜 #Genius

[@acenofrontz3435]

You could hear a pin drop in that room...Speaking truthfully about how billionaires screw the little artists/workers out of their money has always been dangerous

[@RobertoRaymon]

You can't go that far. For every artist that makes it there's 100 that don't. Record labels invest in artist all the time that don't make it. They're not "technically" screwing anybody because they're taking on all the risk

[@thebandcoca]

Didn’t she marry the ceo of the label and also pull out of a deal that cost 400 label jobs. Lol.

[@acenofrontz3435]

@@RobertoRaymon the major major labels screw people and I won't even pretend for a second you don't know that... They have mathematical equation that covers everything in fact they made so much money off Top tier artists that sometimes they absolutely need a few failed investments for tax purposes I'm talking 1960-2005 with internet came legitimate competition from independents for the first time but I'm sure the billionaires have now won that war too!

[@acenofrontz3435]

@@thebandcoca Im not sure but she needs a movie because I've heard a bunch of wild stories she should clear stuff up

[@sagacioussage899]

M. Jackson had the best contract for his time. He owned the rights to his music and a large part of the money for each album sold.

[@samanthab1923]

Who has his masters now?

[@Spaceghost_2347]

Yes and when he left Sony he owned a big portion of Sony then after he put smarted them they killed him the industry is evil

[@Spaceghost_2347]

They killed prince bc he was smart too smart to be played so they just killed him they are the Illuminati

[@Klubvids]

Now he is the weeknd...and will smith...woops

[@for-house-stark]

​@@samanthab1923his estate owns his masters

[@evilpnut4550]

Prince was a brilliant human being in many ways.

[@ezatron9766]

He was the only man in the world who could go out dressed looking like a woman and still steal your bird!

[@Nasirr1421]

Dude was a genius. Music industry didnt like his business sense.

[@HealthNutrition100]

Its just common sense, nothing genius there

[@dispmonk]

But he’s incapable of doing basic math…. 😂

[@wolfman231]

​@@dispmonkhis fans didn't catch that. 😂

[@jupiter1014]

Prince has such a nice voice even just talking ❤

[@ElizabethBSoCal]

He sure does. He was mesmerizing on many levels.

[@ThePrettyeyes341]

I was thinking that ❤

[@kstancil11]

Thats what i was thinking

[@geewiz8253]

Sorry to say this buddy but in case you didn’t know, he had…

[@TREMVan]

Agree totally...I ve never heard him before here..

[@theninjacat7200]

Music is a business. Prince learned it well.

[@TT-jy2db]

Music is art. The music business is business.

[@troywood5403]

And that's why they had him killed.

[@marisoldeoliveira4838]

I love Prince’s voice ❤

[@td3521]

Prince knew the game early

[@KayKay-pj1xb]

Not early enough because he was getting screwed until the day he died. Nobody cares to count every dime until their funds get low!!

[@ICXC7NIKA]

No, he learned 13 years later.... he was being used. But for everyone after him ...he put them on game.

[@lanellenglish2423]

No he Suge got screwed for years!! Remember slave across his face?

[@deegee7521]

No he didn’t he got screwed too and had to leave the name prince and became the artist formerly known as prince you just get smarter as you go through the trials

[@KayKay-pj1xb]

@@deegee7521 thank you!!!

[@thehypocriticalcynic9182]

R.I.P. Prince F-anyone who says this man didnt have a will!!! We have noticed a trend of artists who sell and dont sell their master's...

[@TinyTC]

What are you on about?

[@kiswahiliworldwide]

The funny thing is that Prince kept it simple. He didn't have time to explain that the artist don't get half. They get less than 1%

[@alonzosmithpowergog4946]

True

[@victorj1415]

around, I guess he was 50% with the author rights.

[@jaylon2325]

No they don’t 😂😂 and if they do they are retards for signing a contract to get less than 1%

[@kingjet5123]

Yeah he also didn't explain that the record company is paying for marketing and getting those millions of copies made to sell

[@holdyourownnuts182]

@@kingjet5123Well, it should still be an even split…. Because money can’t be made if the record label don’t have an artist to invest in…..that will generate more money for them…!!

[@22LA22]

Wow! I loved Prince so much. One. Of. A. Kind.

[@tonybosen701]

Prince always kept it real

[@EverythingIconic]

My guy said “if I only sell 3 million copies” 😂 people are lucky to sell 500k these days. Prince was a different breed

[@eldridgeprimus1189]

Prince music was sold globally

[@bigshipsailing100]

He also talking about Mariah Carey. She’s also not in the same category as people who selling only 500k

[@KingDom.mp3]

Music is very different compared to when Prince was releasing albums. Streams ≠ Sales Sales ≠ Popularity

[@iwoodthump3265]

EXACTLY! 😂 that’s what I was thinking when he said it! Prince was waay different!

[@s3lfFish]

it was a different time too

[@CoreyCrafty]

That's the GOAT RIGHT THERE

[@andyleyva1828]

I’m so happy I got to share the stage for 5 min with Prince. I will never forget that day and that guitar solo he did that night! 😊

[@kbsolomaster5000]

Of course you did 🥱

[@mjt7231]

The story about why he changed his name to a symbol is related to this. He couldn’t legally sell albums as Prince because the record label owned the rights to Prince songs. So he changed his name to the symbol so he could release his music independently. That’s at least how the story goes.

[@propaganja7264]

prince was verbally gangsta in regards to the industry! He speaks like that blunt cousin nobody invites to the cookout lol rip champ

[@SeeingSebastian]

😂

[@dougdenton6390]

Yeah, this is so profound and intelligent…. Incredible business sense and yet he doesn’t even know how much the records sell for 😂

[@kjk7611]

WB had already went up in Prince. He's speaking from the experience of an ass reaming.

[@rachelr375]

Prince didn't play no games!💜

[@magvs_mæstro216]

Ganja is turning people into the Alphabet Warriors. War on ganja 2023

[@aaronjanovsky9717]

He was so brilliant. Miss him so much

[@floridabigbear]

This is probably the most laid back I’ve seen prince on a talk show he usually talks like he’s kinda got a wall up

[@lumiere7216]

Because he and Jay Leno were cool. They used to prank each other

[@jimwednt1229]

That's probably the Fent, homie . Pain meds harden your heart .

[@ashleymckenna2808]

He has a right to be jaded, Imagine writing all the lyrics, composing all the music, playing all the instruments, mixing and producing the songs only for the label to Cash in and make all the money and own the masters to the music they literally had no part in making and giving you nothing but crumbs. Prince always encouraged true musicians to remain independent, and eventually record labels would become obsolete because of this because a true musician doesn't need the record label to make or produce their music

[@scandarakbhar996]

You telling me that this man, right here, didn’t have a Will! 👌😅

[@dominiquejones3805]

Make it make sense & Michael would of never sold that ATV catalog

[@nscales20]

He probably felt he had no one to leave his money to. his family wound up getting his money.

[@jaleelmahrouf6981]

Exactly 💯 that part!

[@JloveLamar]

It makes sense given his distaste for contracts. He's stated on multiple shows he hated contracts, which is why his label mates did not sign them when he left WB. A man that hates contracts would do a will?

[@kingokings7350]

EXACTLY

[@terriwatson3993]

I loved prince, what a smart and sweet man.😊❤😊

[@nuntana2]

Very switched on bloke. He wrote for loads of singers, including Madonna, Sinead etc. basically, what he’s saying is the record companies screw the performers, esp young ones. They’re so happy to be signed that they agree to silly terms, like 10%! It is nowhere near 50.

[@musivation]

Rest in Power King!! 🙏✊🏾

[@kellymay8208]

Im still in love with Prince 😭

[@jenniferhalliwell416]

The way he broke that down is incredible!

[@MrUrbanmadman]

Legends always are dismissed, but not without shinning first. Miss ya prince.

[@cynthianesbitt6197]

"Rest In Peace "My Brother! "GOD REST YOUR SOUL, " AMEN"

[@kevinbrown19]

I always liked Prince, fabulous ,talented, and missed, he was real.

[@cgkuch4184]

This man was clever and brilliant. He was probably one of the most under rated musicians not to mention guitarists of his era. I was never a huge fan of his genre of music but I loved his material and his guitar playing. True artist!

[@Beatle849]

I never listened to his music or his type of music. Like many others of his time, I didn't realize how talented of a musician he was. And it seems Prince was probably among the best of the best.

[@battletested2934]

When you speak up, they are listening.

[@lilblizzy]

Thank you. I always enjoy your videos.

[@blackbuddha7731]

This is why as an artist you should only do distribution deals

[@samuelyoung9640]

This part right here is why MASTER P is SOOOO Paid

[@fleegrizzly1054]

@@samuelyoung9640master p is broke

[@kybelian]

@@fleegrizzly1054prove it

[@johnnyblingg]

@@fleegrizzly1054lol bruh you wilding . Master P “broke” means he’s got at least $20-$50 million in the bank.

[@jaysummers4248]

​@@fleegrizzly1054L

[@nathanmcpherson6856]

He was such a great singer 😊

[@charissemodeste6489]

Nahh.. He was just GREAT.

[@eduardosampoia5480]

I beg to differ

[@rmwolfe]

In a span of seven years, we lost the king, the queen and the prince of music.

[@tiarajenkins5662]

MJ, Whitney, and The Artist Formerly Known As will be immensely missed. Their is timeless! 🙏🏾💕✨

[@elizabethroman8056]

Miss u my prince ❤