A good handful of times, it's the agent (Manager) that's the main one robbing the artist.she got an agent, if so he or she needs to be fired.
These people are young kids from the street. All they know is they want to rap. Life comes at them fast where most of them don’t have enough time to learn about labels or anyone around who will learn so they all learn as they go.
When Yo Gotti gave Glo-Rilla that 500K I remember thinking. She don’t even know she gotta pay that back.
Well yeah he gets a kick back and probably much more over the lifetime of the dealYo Gotti did that with several artists.
Does he get a kick back for the loan?
Or is it like he makes them sign, and presents it like a spectacle?
Wack100 bought Blue face that blue Lambo or Ferrari...and it just seemed like giving someone debt.
You’d be surprised how many people think a credit card is “free money” that doesn’t have t be paid back. But to be fair, if no one teaches you something you won’t know until it’s too late.
She didn't know that?!
Ain't that like the "ABC's" of record contracts.
You’d be surprised how many people think a credit card is “free money” that doesn’t have t be paid back. But to be fair, if no one teaches you something you won’t know until it’s too late.
Well yeah he gets a kick back and probably much more over the lifetime of the deal
The way they trap them as far as I've seen is usually by setting an arbitrary condition to complete the contract and then moving that goalpost
So for example, they'll give you a 5 album deal, give you an advance for each album (which is the loan/budget for the albums), and then from there take a percentage out of everything you do musically from that point forward. Then they can decide that certain things don't or do meet the criteria to be called an album, decide not to clear certain songs, etc. All type of fukkery to keep you under contract
Corporate bullying, really
Edit: this isn't to say gotti is robbing all his artists cus he very well could be doing good business, I'm just saying that this is usually how those things go
Ok that makes more sense.Thread title is not true. I watched the interview when it dropped a year or 2 ago. She was unsigned at the time. She told Vlad she had a couple offers but wasn't feeling one because it wasn't a lot of money (advance). Vlad was telling her its not always bad to take less money upfront because in the end that's less money to recoup. Then they go into the convo in the clip.