"God Forgives, I Dont" Certified Gold

[prophecypro]

RIAA aint legit, now..?

When I mean legit, I mean he'll actually sell 500k as oppose to just shipping it. Matter of fact considering he's almost on 400k and still doing 20k a week, he'll probably get their by November or less.


Anyways just to repeat, more people need to support that Nas album..

 

[Artfull Dodger]

NO PUN INTENDED . . .

 

[OnlyInCalifornia]

Thats actually partly false...its common practice in the industry to hold off payment of royalties in the event that the record store sends it back...also a common practice. Its referred to as Royalty Reserves

It isn't partially false. It clearly states that he gets paid on the units and SOMETIMES they withhold SOME of the money depending on the artists selling history. You are trying to make it sound like he's not seeing any money on 500k shipped, he is. They do not withhold the entire amount because some might get returned. They don't ship massive amounts of records anymore if you haven't notice just for that reason. That is why people struggle to find albums sometimes because they don't ship enough out of fear of returns. This is a practice they've been using for like 3-4 years now.

You are also quoting an older article you google'd because the fact that digital downloads dominate record sales, it has changed the way they handle the 'returns' They ship less, they sell a lot of digital downloads, it minimizes their 'charge back' and thus they don't have to withhold money the same. This isnt 1999 breh.

Because some of the records that are ordered by stores will be returned to the label, your record label will only pay you a percentage of the royalties you are supposed to get, so they can cover some of the losses they may make when your records come back as returns.

The percentage of royalties your record label holds back as reserves depends on your sales history (if you have any) and whether or not there are plans for you to release more albums with the label.

He consistently goes gold. He is putting out more albums. He is getting paid on the units. Nothing 'partially false' about that.

Only Rick Ross could get people to be like 'Yeah so he didn't get paid on 15% of those 500k albums so thats a LAWSE'

 

[HollywoodP]

It isn't partially false. It clearly states that he gets paid on the units and SOMETIMES they withhold SOME of the money depending on the artists selling history. You are trying to make it sound like he's not seeing any money on 500k shipped, he is. They do not withhold the entire amount because some might get returned. They don't ship massive amounts of records anymore if you haven't notice just for that reason. That is why people struggle to find albums sometimes because they don't ship enough out of fear of returns. This is a practice they've been using for like 3-4 years now.

You are also quoting an older article you google'd because the fact that digital downloads dominate record sales, it has changed the way they handle the 'returns' They ship less, they sell a lot of digital downloads, it minimizes their 'charge back' and thus they don't have to withhold money the same. This isnt 1999 breh.





He consistently goes gold. He is putting out more albums. He is getting paid on the units. Nothing 'partially false' about that.

Only Rick Ross could get people to be like 'Yeah so he didn't get paid on 15% of those 500k albums so thats a LAWSE'

Nobody said anything is a lawse. It is partially false. The Label has the right to hold a reserve if they dont think he's going to sell what they ship. Which they usually do regardless to cover themselves. Its even more common than it was in 1999 cuz sales are lower and money is harder to make in the industry. You said Ross gets paid on units shipped which is untrue. The DISTRIBUTOR (Warner) gets paid on units shipped. Ross gets paid PARTIALLY on units shipped...MOSTLY on units Grossed. And I havent even brought up deductions (Recording costs, features, production, promotion, etc. are all paid with his royalties until he recoups...then he gets money from his points). I aint got nothing against Ross...but logically he probably hasn't seen any money from that album yet. ASCAP and BMI are hella slow to pay out royalties.

 

[Lefty Gunz]

 

[LOUDaffair]

Klassic album Ross puts on for the south

 

[OnlyInCalifornia]

Nobody said anything is a lawse. It is partially false. The Label has the right to hold a reserve if they dont think he's going to sell what they ship. Which they usually do regardless to cover themselves. Its even more common than it was in 1999 cuz sales are lower and money is harder to make in the industry. You said Ross gets paid on units shipped which is untrue. The DISTRIBUTOR (Warner) gets paid on units shipped. Ross gets paid PARTIALLY on units shipped...MOSTLY on units Grossed. And I havent even brought up deductions (Recording costs, features, production, promotion, etc. are all paid with his royalties until he recoups...then he gets money from his points). I aint got nothing against Ross...but logically he probably hasn't seen any money from that album yet. ASCAP and BMI are hella slow to pay out royalties.

Again it is not partially false because he is getting paid on the units and you don't know he ISNT getting paid on the units. What you pasted said they COULD with hold money (but clearly stating they do get paid) but it depends on how much the artist normally sells and if they are going to continue to record more albums. Ross is very consistent and he is releasing more albums. They do not HAVE to with hold on his. Especially when they under ship units based on projections.

It is not even more common than it was in 1999, at all. The distribution model has changed a great deal since digital downloads help ease costs especially with rising gas prices. So has recording costs since a lot of them record at home or in lower end studios and don't have to fly artists out for weeks at a time to work on songs, they just email them. How they handle features is different now as they trade favors a lot and the fact that he spends more time promoting himself via videos on youtube and twitter than the label does. Again, we are in 2012. You are speaking like this is the 90s. It isnt.

Logically he has seen money on 500k records shipped. It clearly states in what you copy and pasted that he would even then.

And ASCAP wouldn't be the one cutting him a check for his album units shipped btw.