Diddy Has Paid Sting $2,000 Per Day for Failing to Clear Sample; Payments End in 2053

Easy-E

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Lot of people with deep catalogs are cashing out. I heard on npr that old music is selling more than new music. Kind of wish the artists would hold on and let the labels fry. Don’t blame em tho, hundreds of millions dangling in your face is pretty tempting.

STOP. THIS. BAD. TALKING. POINT.

You're music is not going to reach it's full value by you independently owning it, in your lifetime. Music is not mailbox money. You've actually got to be the publisher and licenser to actually have it make money.

John Legend sold his catalog for $150 million. The company that bought it don't care if that don't recoup that in the next 50 years because they buy a gang of catalogs.

John Legend will be dead in 50 years. Or alive and not wanting to manage a damn catalog.

And miss me with that "generational wealth" shyt. Name three black artists who's family took good care of their catalog after they died?

Prince family almost immediately sold it.
 

Wiseborn

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STOP. THIS. BAD. TALKING. POINT.

You're music is not going to reach it's full value by you independently owning it, in your lifetime. Music is not mailbox money. You've actually got to be the publisher and licenser to actually have it make money.

John Legend sold his catalog for $150 million. The company that bought it don't care if that don't recoup that in the next 50 years because they buy a gang of catalogs.

John Legend will be dead in 50 years. Or alive and not wanting to manage a damn catalog.

And miss me with that "generational wealth" shyt. Name three black artists who's family took good care of their catalog after they died?

Prince family almost immediately sold it.
You're correct but no company is just handing out money like that. They did the math to decide what they can make off someone's catalog and still the creators get pennies based on the math.

Now you're probably right outside of Ordinary People and All of Me John Legend's Christmas Album is probably not worth much and basically this is th NetFlix business model of buying up everything and by owning everything they get all the profits from the music in perpetunity.

But if someone wanted to buy something that bad it's usually worth way more than you're being offered for it. And Cash is always a depreicating asset.
 

Wiseborn

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2k a day is wild.

How much you think MJ(including the beatles shyt) is worth?:picard:
shyt is priceless. To this day MJ's shyt and the Beatles shyt is the most recognizable shyt in the world. Whoever owns MJ's estate should think super hard before selling his shyt.
 

Wiseborn

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I wonder how much polo g paid for smooth criminal sample.. Couldn't be cheap
One thing about companies buying up all this content is that calls can be made and favors could be granted. Just like Stevie gave certain dudes passes for smapling and covering his shyt Comapnies can barter and trade people's shyt.

Just on smapling alone the music companies are gonna make bank when they either own the music being sampled or able to get samples cleared with a phone call and a content trade. shyt will be just like Only fans mainly content trading. Once the majority of Classic music is bought up people won't care as much about songs being stolen by individuals the money from the consumer has been made, It's about getting music in Movies and TV.

Whoever owns Push it Made way more money than Meg did for biting it.

That's another thing Playing Push it in a movie tells you without telling you that the movie is about the 80's and frankly that was before Rap was fully maistream Watch Mojo even referenced the first almost by saying the commerical was Hot, Cool and Vicious

Just shows how popular Black culture is Salt n Pepa is broke but their music is making money in 2022.
 

Wiseborn

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One other thing about Generational wealth. Its been shown time and time again that no matter how big the bag kids almost always fukk up the money.

You read the book Black Fortunes by the third generation the money was disspiated.

But Getty Family basically fukked up the Money that J. Paul gave them before he died.

If you want generational wealth you need to make sure money is coming in, through institional investments and are set or somehow getting a check.

If Dr. Dre died tommorow that daughter that he doesn't fukk with if she was in his will and got a piece of just The Chronic she could quit her Door Dash job.
 
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