A new up and coming artist by the name of “Lil Pump” became an overnight sensation and went viral over all social media platforms with a hit song “Gucci Gang”. In the entertainment business, the more popularity you gain the greater asset (profit potential) you are to a record label. Warner Bros. Records saw exactly that with the artist Lil Pump and pursued. Lil Pump’s hit song peaked at number three on the Billboard hot 100 song chart with 280 million streams, while reaching top five on the Billboard chart, he was also given a $350,000 advance. Warner Bros, Records were sure that they had their next “meal ticket”, until they received a letter to void Lil Pump’s contract. A contract can be voided under the grounds: the signer is underage. In
contract in order to sign with Columbia Records, whom he would later go on to stay
I was too late. The “officer” had already reached the car and began to haul Sarah out of the car. I immediately tried to get out of the car, but the car door was jammed. Struggling to get to the other side of the car, I reached out to see if I could save Sarah, but the kidnapper had already gotten out of my reach. He was dragging Sarah unwillingly to a van that had pulled up on the opposite side of the traffic. A few men ran out to help get Sarah and her attacker into the van. I saw one of the men inject Sarah with a liquid.
Have you ever wondered what famous person you would want to meet? What you would want to do with them, or talk about, or where would you be? Let me tell you about how my encounter would be.
The profiting dimension of music influenced the beginning of payola; it was because of the rise of rock and roll, middle class prosperity, teenagers as a target market, radio stations, and record profits that Payola came to exist. Although frowned upon, Payola’s effects and even the practice of it are persistent today. In fact, Payola infamously resurfaced in 2005 when BMG was charged with and convicted of engaging in Payola activities. BMG was found guilty and fined by the city of New York to pay $10 million (McDonald,
The first problem is the royalty fees made with labels. An artist’s album can cost anything from $15,000 to $200,000 (Recording Connection) and the artist is often left in debt after which is slowly paid back through the sales of their own records which only leaves them a fraction of what the original product was sold for. Another major problem with most major record labels is that their sole reason to get artists is to further their own profit. Most major labels put business before art,
Music can rock your world, enlighten your mind and change your perspective. When you think of rap music who comes first to mind? Without hesitation, it must be the self acclaimed best rapper alive, Lil Wayne. He alone can make such statements as “My picture should be in the dictionary next to the definition of definition” (Wayne, “Shoot Me Down”). Lil Wayne is a prominent force in the rap world. His debut Album in 1999, Tha Block is Hot went double platinum upon its release and even his lowest selling album is still certified as gold according to the Recording Industry Association of America (RIAA). Rollingstone Magazine declares “Lil Wayne is one of the most popular — and prolific — recording artists in the world” (Kreps). Top this with
Killer Mike is successful in supporting his claim about the importance of trying to increase the amount African American voters for the purpose of creating legislation that would benefit the black community. The first reason why Killer Mike is successful is through his provisions of real life examples which support his argument. Killer Mike provides the real life examples of the times after the Voting Rights Act was removed in 2013 when he voted against attempts at the South trying to create restrictive voter laws and to redistrict some states, and he ended up successfully stopping legislation that would hurt the voice of the minority. Because he helped protect the voice of the minority, the point that the black vote is important is made. However,
Under the same law, does a celebrity know or should have known his contract with a production company breached the contract between the 16-year-old and the production company, when celebrity was not aware of the latter contract’s exclusive term, and celebrity knew the production company had contracted many artists in the past, even though celebrity knew such contract existed?
Chapter 4 – Case StudyJay Z the Rap Artist and Business Mogul: His Rise to the TopPlease read Chapter 4's Case Study on pages 116-118 and answer the following questions: 1. As mentioned in the case, Jay-Z wears several hats with respect to the several business ventures he manages. What does this say about his time management skills? Time management means techniques designed to enable people to get more done in less time with better results. Jay-Z is known for multitasking. In the text it says research has found that people who multitask are actually less efficient than those who focus on one thing at a time. This was not the case for Jay-Z.
It has always been a tradition for record labels to own the masters of the artist sign to the roster; after all, they are the ones spending millions of dollars to promote and market, as well as distribute the artist’s music. Evidently, Prince disagreed with this notion. Prince did not like the fact that the labels were able to decide when his album should be
Cash Money Records is suing Jay Z's Tidal, citing the company has unlawfully licensed Lil Wayne's Free Weezy Album for their service. Despite his lawsuit against Cash Money, Wayne is still an artist on the record label. The label's 50 million lawsuit claims Tidal exclusively streaming the Free Weezy Album is a "desperate and illegal attempt to save their struggling streaming service." On the contrary, Tidal stated that Lil Wayne's contract with the label is not exclusive. The company also claims the rapper signed over the rights to the project to their service. According to the lawsuit obtained by TMZ, Cash Money has bodily stated that Wayne does not have the power to license his music. The Free Weezy Album was released exclusively through
There are many men and women who want to become rappers. Some may want to rap because it’s their passion and some may want to rap to send positive messages to the youth and try to better the community. When starting your career in rap or just music in general your song needs to have a direction (“How to Start Your Rap Career”). “The motive behind that strategy is that he will saturate the market to such a degree that eventually people will notice him. By doing so many songs, he will eventually make that banger and it will get him the attention required.”
Marshall received a signature on a contract from a seventeen year old minor in which he hopes to enforce. From a legal standpoint, minors have a limited ability to enter into contracts. The seventeen year old minor employee can void the contract he signed at any time. Minors have the option to do this because of laws made to protect them
The music industry is an oligopoly. Since the late 1800’s people like Thomas Edison have been buying up patents in communication technology, forming monopolies, leading to a non-competitive entertainment industry. With only a handful of corporations controlling all aspects of acquisition, distribution and marketing of music, harsh business principles create an exploitative industry that takes the best of what artists have to offer and leaves many of them unable to support themselves. Beginning in the 1950’s with payola and white cover music and ultimately evolving into iTunes and Spotify, the music industry has grown into a billion dollar industry with far-reaching influence and control. Contracts rarely serve the artists’ best interest and many are left out to dry when their usefulness has expired.
The world market of record music in 1990s was dominated by only five big corporations: BMG Entertainment, EMI, Sony Music Entertainment, Warner Music Group and Universal Music Group. The majors could maintain their status thanks to patents and agreements, technological improvements and M&As. The majors had the complete control of patents and music rights from the artists. Even though the artists tried to directly contact to the customers, they could not afford the attempt. Thus, they relied on the professional signers and on the publishing company. The