Kanye West has claimed that his and Ty Dolla $ign‘s Vultures albums are being held hostage by Atlantic Records and may be taken down from streaming services.
On Thursday (August 8), Kanye shared screenshots of a text message from his manager John Monopoly, who appeared to suggest that Atlantic wanted renumeration from the projects as Ty is signed to their label.
In the message, Monopolo wrote to Ye: “Co-head of Atlantic Julie Greenwald just called me. She just got fired. She said the new head is not going to give us a grace period to handle Atlantic’s compensation.
“She suggested that I let Too Lost and Create know that 40% of all revenue from V1 and V2 needs to be paid to Atlantic. She’s saying that if we don’t handle immediately Atlantic will issue take downs for both albums. Pls advise.”
“This is what ‘they’ do to independent artists,” Kanye wrote over the screenshot on his Instagram Stories, although he didn’t share his reply to Monopoly’s message.
The Chicago rap legend then publicly asked who the new head of Atlantic is. It was announced earlier this week that Elliot Grainge, the son of Universal Music Group boss Lucian and founder of 10K Projects, will be taking over at the record company
hiphopdx.com
On Thursday (August 8), Kanye shared screenshots of a text message from his manager John Monopoly, who appeared to suggest that Atlantic wanted renumeration from the projects as Ty is signed to their label.
In the message, Monopolo wrote to Ye: “Co-head of Atlantic Julie Greenwald just called me. She just got fired. She said the new head is not going to give us a grace period to handle Atlantic’s compensation.
“She suggested that I let Too Lost and Create know that 40% of all revenue from V1 and V2 needs to be paid to Atlantic. She’s saying that if we don’t handle immediately Atlantic will issue take downs for both albums. Pls advise.”
“This is what ‘they’ do to independent artists,” Kanye wrote over the screenshot on his Instagram Stories, although he didn’t share his reply to Monopoly’s message.
The Chicago rap legend then publicly asked who the new head of Atlantic is. It was announced earlier this week that Elliot Grainge, the son of Universal Music Group boss Lucian and founder of 10K Projects, will be taking over at the record company
Kanye West Blasts Atlantic For Threatening To Pull 'Vultures' Albums Over Revenue Dispute
Kanye West has claimed that his and Ty Dolla $ign's 'Vultures' albums could get removed from streaming due to issues with Atlantic Records.
hiphopdx.com
