MC Serch Is Selling His Portion Of Nas’ Catalog

[surv2syn]

now, on Drink Champs he said he was only taking 5% admin fee from the publishing. he said this is the contract Nas signed. of course I didnt see the contract but if he was telling the truth his portion is only 5%

 

[AnonymityX1000]

now, on Drink Champs he said he was only taking 5% admin fee from the publishing. he said this is the contract Nas signed. of course I didnt see the contract but if he was telling the truth his portion is only 5%

I think he needs to sell it to a company that can take over that admin. That's why selling it to Nas isn't in his interest.

 

[surv2syn]

I think he needs to sell it to a company that can take over that admin. That's why selling it to Nas isn't in his interest.

exactly. just need someone to make sure publishing is handled in Nas best interest because Nas owns the other 95%

 

[KingsOfKings]

 

[Heavy_Handz]

he should give it to nas...vs selling it

 

[Heavy_Handz]

double post.

 

[Heavy_Handz]

MC Serch of pioneering Hip Hop group 3rd Bass has decided to sell 100 percent of his holdings in Nas’ iconic catalog, which includes Illmatic (1994) and It Was Written (1996), both of which he executive produced.

This is false. Steve Stoute/Trackmasters Executive Produced It Was Written.

 

[Digital Omen]

Imagine the biggest Nas Stan in the world buying it

"I know who I paid God, Serchlite Publishing"

 

[Negro Caesar]

I’m sure Serch as already approached Nas about it. If I’m Serch im selling it to Nas for 10-15% less than I could get from a open market. If Nas can’t match that then I don’t blame Serch for going elsewhere

 

[AnonymityX1000]

Guys no one owns 100% of their publishing. You give a % away to a company to administer it for you. Meaning they charge and keep track of other media/public venues using your music for you and send you a check. If you own 100% of your publishing YOU have to do all that work. Nas is not getting Serch's % it was for admin of the music. Nas is not interested in administering his own.music. No artist is.

 

[Ziggiy]

he should give it to nas...vs selling it

That will NEVER happen.

The music business is just that…a BUSINESS.


Though I wonder if Nas is tempted to buy Serch’s portion or if he’s solely focused on owning the Masters. If he ends up getting the Masters it really doesn’t matter who owns Serch’s portion of the publishing because he would be getting paid off of it ALL.

 

[Ziggiy]

MC Serch of pioneering Hip Hop group 3rd Bass has decided to sell 100 percent of his holdings in Nas’ iconic catalog, which includes Illmatic (1994) and It Was Written (1996), both of which he executive produced.

This is false. Steve Stoute/Trackmasters Executive Produced It Was Written.

Stoute did, but according to Serch Columbia wanted him contractually bound as the exec producer of It Was Written so he and Nas came up with a plan for him to walk away afterwards.

 

[Deltron]

Guys no one owns 100% of their publishing. You give a % away to a company to administer it for you. Meaning they charge and keep track of other media/public venues using your music for you and send you a check. If you own 100% of your publishing YOU have to do all that work. Nas is not getting Serch's % it was for admin of the music. Nas is not interested in administering his own.music. No artist is.

but couldn't he get it back then sell it to a firm/whatever he would want to admin it?

Do it on his terms and all that (would that even be worth it?)

 

[AnonymityX1000]

but couldn't he get it back then sell it to a firm/whatever he would want to admin it?

Do it on his terms and all that (would that even be worth it?)

Yeah, sure but for what? It's the admin fee for his music. I guess it would be more uniform for whoever is doing the rights for all his other music to also do this. But does it matter? Not really.

 

[neomerge]

Greedy ass cac should give what he stole back to Nas and let Nas make millions.

And this is coming from a cac.