Soo this "rapper" posts contract on fb from def jam.. (POSTED IN COMPLEX, AHH, YOUTUBE etc)

BrothaZay

Non-FBA. AdosK
Bushed
Supporter
Joined
May 5, 2012
Messages
65,028
Reputation
6,456
Daps
224,192
Reppin
The suburbs
KvMPb12.jpg


sorry for the typos I did that in seconds :troll:
:blessed:
 

definition

im not a cool guy anymore
Joined
Jun 11, 2012
Messages
761
Reputation
360
Daps
1,103
Obviously, no label is paying any artists $250k "every two months," or any other figure based on time -- because it would be less profitable for the artists to take longer to release material (they could get paid to do nothing rather than record the required albums).

BUT, to say that no "contracts" are written on one sheet of paper may not be entirely correct (I know THIS ONE is fake as hell).

I was just reading a paper written by producer Steve Albini (he engineered Nirvana's "In Utero" album, and a lot of other rock records) about the rock record industry in the 90s. He said that a lot of bands got signed with "contract memos," which is basically an agreement to sign a contract with a label.

Obviously, there's nothing about money on a normal contract memo -- but they ARE legally binding between the artist and the label. Essentially, a contract memo binds an artist to a label BEFORE the contract terms are agreed upon ... which, if you're keeping score at home, totally fukks the artist, putting them in a position where they have no choice to get raped by the label for the agreed upon number of albums (or remained unsigned, as any other label would have to pay off Label A before the artist could release anything).
 

pawdalaw

Superstar
Joined
Jan 13, 2013
Messages
8,790
Reputation
2,453
Daps
28,754
Reppin
The Set
Anyone with a fake face book account that can hit him up there? I'm sure he is deleting these tweets.
 

Bickin Back Being Bool

The Devil My Opp
Supporter
Joined
Mar 22, 2014
Messages
12,544
Reputation
2,404
Daps
40,392
Reppin
Toronto, Kanada
Obviously, no label is paying any artists $250k "every two months," or any other figure based on time -- because it would be less profitable for the artists to take longer to release material (they could get paid to do nothing rather than record the required albums).

BUT, to say that no "contracts" are written on one sheet of paper may not be entirely correct (I know THIS ONE is fake as hell).

I was just reading a paper written by producer Steve Albini (he engineered Nirvana's "In Utero" album, and a lot of other rock records) about the rock record industry in the 90s. He said that a lot of bands got signed with "contract memos," which is basically an agreement to sign a contract with a label.

Obviously, there's nothing about money on a normal contract memo -- but they ARE legally binding between the artist and the label. Essentially, a contract memo binds an artist to a label BEFORE the contract terms are agreed upon ... which, if you're keeping score at home, totally fukks the artist, putting them in a position where they have no choice to get raped by the label for the agreed upon number of albums (or remained unsigned, as any other label would have to pay off Label A before the artist could release anything).

suge signed pac on a piece of napkin, so you right :mjcry:... but like you said, we know this is fake.
 
Top