The Official Joe Budden Podcast Thread
- Thread starter Kidd Dibiase
- Start date
XannyWarbucks
Superstar
shyt, to think he was a media darling like three years ago. I always knew he'd fukk it all up, but never to this extent.This was the main reason Rory and Mal were annoyed too, right? Because their numbers started going down when he announced the whole network and made-up Patreon role.
threattonature
Veteran
That's cause Joe was spinning it like they were asking for a bigger share. R&M said in their response video was that they wanted their agreed upon share which they didn't think they were getting because Joe would never show them the actual contracts from Spotify, Patreon or Youtube. Their story has never changed. It also seems that they got more info on how big the actual Spotify deal was which got them coming to the conclusion that Joe really was robbing them.R&M did come out and say in their response that it wasn't about money and Joe was not stealing from them. Joe is right about that. Wonder what got them to take a different tone?
This mofo Parks got rat teeth lol
gldnone913
Integrity and Consistency
indeed. I gotta listen to this episode
REdefinition
Superstar
Sir Richard Spirit
Superstar
I’m not a lawyer or an expert of the law by any means. How can they discuss pay POST Spotify, when they couldn’t even discuss the actual Spotify deals as partners?
Joe think his new fans and old stans are dumb. He wants everyone to think Rory and Mal are some flunkys who had no say so and weren’t apart of the business. I remember the ep where they discussed almost breaking up because none of them agreed on the Tidal deal.
Joe wanted to launch his network off the money from whatever deal the pod got. That’s it. We all know it. There’s nothing wrong with him leveraging the pod to get a deal for the network, he just went about it the wrong way.
gldnone913
Integrity and Consistency
So bc they didn't take ad money and hadn't kicked off the Patreon as of yet, the podcast was generating no income after they left Spotify lol.
Clark Wayne
Superstar
Only reason Budden didn’t reup with Spotify is because he saw what Bill Simmons & Rogan got.He will never admit it publicly but that’s why. I don’t think he turns down the $30 million if those deals don’t happen first.
I’ll give Joe credit, he’s definitely an idea guy and you can’t take that away from him but he’s terrible at the execution.
You can tell he rushed into the “building a network” shyt to try to land a deal and he saw what Charlamagne was doing. It flopped immediately.
This nikka think people are stupid. Ish is correct. This what happens when you aren't showing the profits that your profit sharing partners are supposed to be sharing. So now you was paying nikkas outta the kindness of your heart but wanted to keep it professional when it came to seeing profits? Boy a forensic account would tear them books up cuz none of this makes sense. Just shutup if you ain't showing the numbers
Joe would be super rich if he stopped handling deals and let good management take care of it .
He will never admit it publicly but that’s why. I don’t think he turns down the $30 million if those deals don’t happen first.
I’ll give Joe credit, he’s definitely an idea guy and you can’t take that away from him but he’s terrible at the execution.
You can tell he rushed into the “building a network” shyt to try to land a deal and he saw what Charlamagne was doing. It flopped immediately.
threattonature
Veteran
The main point that makes me know Joe is lying is that he had no problem showing them the accounting numbers that him and his partner created. Yet anytime they asked to see the actual contract he signed with Spotify all of a sudden he'd blow up and start throwing a fit about how they don't trust him so he's not going to show them out of principle. Everytime he's asked why didn't you show them the contracts, he says "I showed them the accounting they don't need to see the contracts".
Just weird to me that a man that we've listened to for years openly admit to being a liar, a cheater, to not honoring contracts and who just two or so weeks ago is on tape acting shady towards Ish with the contract is being given the benefit of the doubt by his stans who believe that he would not fukk R&M over in a contract.
I just finished the end and Joe says what the deal is. He says Rory has told him privately that you fukked us over in the contract and signed us to a bad deal. Joe says there's a difference between signing them to a bad deal and outright stealing from them. Which he doesn't see anything wrong with doing shady shyt to people he claims to love because "that's the business".
Joe is not that dumb.I think screaming about being disrespected was distract from the real issue
He will never admit it publicly but that’s why. I don’t think he turns down the $30 million if those deals don’t happen first.
I’ll give Joe credit, he’s definitely an idea guy and you can’t take that away from him but he’s terrible at the execution.
You can tell he rushed into the “building a network” shyt to try to land a deal and he saw what Charlamagne was doing. It flopped immediately.
Spotify either didn’t want Joe back, offered him a portion of what the original contract was(most likely), re up with Spotify would’ve exposed how much Joe was stealing from Rory and Mal.
Now, I think Spotify only offered Joe a portion of the OG contract because they didn’t value Joe after signing Rogan and Simmons.
This is where I think Joe offered Spotify Mal’s masterclass and Rory business as his network to show he was bringing more content to the table. When that didn’t make them sweeten the pot he rushed and threw together the the JBN. Joe turned downed the Spotify offer because he believed he could go somewhere and get close to the same deal.
now Ish is 100% correct that paying Rory and Mal the same amount of money after Spotify deal exposes that Joe was stealing from them.
Let’s say pre Spotify deal the pod generated 200k of revenue
and had 100k of expenses for the year
That would mean Rory would get $15k, Mal would get 15k and Joe would get 85k
Let’s say with the Spotify deal
Revenue went to 1 million a year
Expenses went to 500k a year( we’re coming back to this number
That means there’s now 500k in profit and Rory and Mal get 75k each and Joe gets 425k.
Now when Joe loses the Spotify deal and revenue goes back to 200k there should be no way possible that Rory and Mals pay stays the same and the only way it does is if Joe is paying them money that was always theirs in the 1st place
Rory and Mal are questioning the expenses Joe claimed he incurred during his time at Spotify. The only way to get correct number is through an audit because all expenses would have had to be through a JBP bank account or credit card
Let’s say pre Spotify deal the pod generated 200k of revenue
and had 100k of expenses for the year
That would mean Rory would get $15k, Mal would get 15k and Joe would get 85k
Let’s say with the Spotify deal
Revenue went to 1 million a year
Expenses went to 500k a year( we’re coming back to this number
That means there’s now 500k in profit and Rory and Mal get 75k each and Joe gets 425k.
Now when Joe loses the Spotify deal and revenue goes back to 200k there should be no way possible that Rory and Mals pay stays the same and the only way it does is if Joe is paying them money that was always theirs in the 1st place
Rory and Mal are questioning the expenses Joe claimed he incurred during his time at Spotify. The only way to get correct number is through an audit because all expenses would have had to be through a JBP bank account or credit card