If your the label head and you get publishing and Masters confused then God help you
He’s new to the industry. He’s a guy who made over $100M playing baseball. It’s why he called J. Prince.
If it’s true that she gets a 60/40 split of her record sales, owns half of her publishing, 70% of her tour and merch money, $10,000 advance, got $2M invested in her then she got a good deal. Owning publishing and masters is a rarity and she at least got half of her publishing.
New artists don’t get favorable deals. Compared to industry standard her deal don’t look bad. She’s in a position to get rich off music. Does she look like she’s only made $15,000 to you? She wants to renegotiate she hasn’t even dropped an album yet.
U tell me what’s fair? She’s one of the biggest rappers/personalities in the game now. 2 years ago she was putting up freestyles and doing videos on her block. She’s a decent femcee with a look and personality. She’s not a transcendent talent and was at best a regional viral sensation when signed.
What splits would be fair in your eyes?