Best/most interesting point made in that interview was the strip club dilemma and "brown paper bags." At the end of the day, touring is the life blood for an artist. Selling records is less and less important in an age when your music can be consumed multiple ways without you seeing a dime. You have to tour. That was perhaps the biggest point J Cole made in that "diss" record he released. It's why Cole will be around forever, or as long as he wants. He has a fanbase, the fanbase loves him, and they know he puts on a dope live show.
My counter point and what I wish TBC asked Lyor...look at 300's artists. Fetty can't tour because he can't sing, he's a studio artist in every sense of the word. Some people can get away with that - hell, if you want to keep it a buck, The Beatles were studio artists. But MOST people can't get away with it. Thug tours...but he sounds terrible. Not as bad as Fetty but again...studio artist. Migos on the other hand can tour, they may not be good but their music isn't shackled to effects/studio. Yet 300 lost them, but still has Fetty and Thug...
You want my criticism of 300, or one of them? Outside of Migos, they signed artists with little tour potential or artist viability. Their artists came out at a perfect time to take advantage of the streaming and youtube waves. They sold a LOT of singles (remember Trap Queen?). But where are those artists today? Fetty is completely irrelevant. In an era where melody dominates, a dude with a unique sound and look like that is basically dead. Why is that?
Thug is basically stuck in place. When he came out, he was the most alternative and unique looking rapper out. He was like a rap version of Prince (look wise, NOT in terms of talent). He's super talented, and his talent also coincides with what's hot now (melody). Yet each project he releases sales around 17-20k before disappearing. Meanwhile Future blew up. And then a host of weird looking rappers emerged who do what Thug does, but on a bigger level. Uzi is way bigger than Thug, and it took no time.
Point being...for all the dope advice Cohen gave, his artists happen to go in the opposite direction, and happen to make the label short term financial success. So...what's not adding up?