Ice T On Artist Selling Music Catalog "The Super Wealthy Brag On How Much They Give Away" Part 2
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- เผยแพร่เมื่อ 22 ก.พ. 2023
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Ice T speaks on the recent trend of artist and independent record labels like Quality Control Music and Murder Inc selling their music catalogs for hefty payouts. This has sparked conversation in the Hip Hop community about whether artist should maintain ownership of their music or cash in on a big payday.
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It gotta be a healthy balance between internet trolls that don't have a clue just accusing folks of selling out, & just the common person inquiring & looking to simply understand...
Case in point Prince was a strong advocate for keeping your masters & owning yourself & so was Curtis Mayfield. I feel like with Prince it was a matter of once they own you they get the final say in how the music is used.
Dre denounced the usage of his music by certain politicians... who's to say in the wrong hands your catalog could be used to rewrite history or advocate for the wrong causes . Not everything is financial. What if they own Ice's catalog & 6 in the morning becomes the soundtrack to a complete minstrel show? These are simply questions I like to ask
Also it's one thing to be rich, but why would wealthy folks have that much interest in paying a lump some for your catalog if not for the fact that they can generate long term profit & wealth from it? The artist are rich but the majors are wealthy.
MJ owned the Beatles but it's rare that a black man sells the amount that Thriller sold & has that kind of cheddar to do so, & Paul McCartney didn't like it at the time, he out bid McCartney for his own work.
So that's all I am wondering, how they use your catalog could be suspect. I'm not a troll critiquing the rich, healthy questions should be welcome from anyone.
The Triple OG is 20 yrs my senior and is in amazing health, I pray I'm the same way in another 20 calendars. God Bless!
MJ's Bettles catalog is worth around a billion alone, him and Prince were hella business men and example of how to handle these record executives and companies...
Sony owns MJ's catalog now due to the family selling their shares.
Ice was talking internet before dial up.
For music ownership, it all comes down to being fairly compensated. Early artist didn't even have a chance at fair ownership and being able to sale because they were being taken advantage of. If you can get a good deal that's well thought out, that's what matters.
Morley Crüe we’re the first artists to break the chains and get their masters back
MJ bought a lot of artists catalogue for a reason
He was smart, was the big boss
TY Holdin' Court Podcast for part 3 of Ice-T Live, I wouldn't have missed it for the world!🤘🎤🎙
Interesting take on selling a catalog.
What he's saying makes a lot of sense from a Business Perspective.
Ice get his master's back next year so if something happens to him we know the industry did it
Sad but true.... Live on T.
Yeah you notice they gave him the star on Hollywood boulevard. a whole lot of other awards and credits.. lately... Which he deserves BUT... Usually they do that with the artist to make the value even higher; postmortem.....
@@pharaoh2537 yep and they have never given ice credit for decades so it def smells fishy that are pumping him up so hard all of a sudden
How much do you really think his catalog is worth really 🤔
@@goodymob9638 7 figures
Love Ice T!!!♥️
I like that gem Ice T said once you have a house and a couple cars what else is there while the host was stuck on being a billionaire
If you don't have kids, you don't have to care about "generational wealth". Spend that money before you're gone.
Prince's vault with all of his released back catalogue including all of the artists that he produced and wrote is worth BILLIONS and worth way MORE than what the IRS estimated it last year.
Talk that shhh Ice!!
Ice file your paperwork so you can get your masters back, it dont just happen they will auto renew for 35 more if you dont file, take action
Mike Epps said the same thing once you get a house and cars what else is there
The love of money is a trap.
Just the fact that Ice T went to an ARMS SHOW!! 😮😮
Dawg, go on and sum it up between the grind with dimes
Crimes and rhymes, ya'll we comin up
From sundown to sun-up, ha
The block watch, peekin out the attic in case you run up
Wit diamonds and furs, he's and her's
Shoppin sprees with ease to fill up a 2000 Suburb, ha
Dawg my projects got taste
Although the rent ain't nuthin but two-fifty
We sportin five thousand dollar drapes
Makin it happen, wit snappin to avoid that - anchor......CooCoo Cal.
I didn’t even know there were arms shows.
6 in the morning
......"they shudda killed me LAST year..." O.G. Ice T. PEACE Family, and God bless.
💪🖤🎙🔥⛽️
The end had BARS!! a arms show! Make sense
The whole point of owning yours......
What happend with Body Count Ice?
I've heard other artist say they re record their music in order to get your masters back after a certain time limit. I wonder why it took 35 years for Ice
I heard another artist somewhere say 35 year as well, so maybe that’s the standard time for the industry.
@Cadillac Kadafi NY rappers Cam'ron & Jim Jones talked about it.
Mötley Crüe got theirs back years ago and had to sign contracts to say they wouldn’t tell anyone how they did it
35 years is the default expiration of the master recording. The re-record method is a little more complex. I think Taylor Swift used that method, but she didn't outright "own her masters". She basically became a cover artist to her own music, but with more ownership rights than a typical cover artist, because of the way her contract was structured.
He just said it is based on the contract. His deal with Warner Brothers, they said you can have your masters back in 35 years. Bone thugs get the masters for Creepin On Ah Come Up in 2024. They were on a 30-year contract. In 2025, they get E.99, 2027, Art of War, and so forth. They even said they're selling their masters. Lil Wayne sold Young Money and some of his masters to Universal for 100 million.
They are buying art. Or your art can be used in a Pamper's commercial.
Nggas selling out like crack in 88.
Ice T use to preach ownership.
Bro big Caz is nothing to do with 60s own brother..said..he slated ice t...he's been checked...I'm in u.k...ice is best..but please..Caz..big u keV maC said he a weirdo
Y’all are missing the point about what the “other side” is talking about. You’re doing what’s called a “straw man.” It makes you look good though!
I know what I’m talking about and typing about. I’ll say this irl too. Who needs their library card renewed? Watch I’ll give you homework!
Black people have very low ownership in the United States.
Once you sell your ownership, you'd better be savvy with the monies that you receive!
Otherwise, there's a possibility that you might end up broke, and leave no generational wealth!
If you study the history of generational wealth in this country, these people were always educated in building their legacies.
Ownership is highly important in this world!
I completely agree with you, except in the case of Ice T, he’s a mainstream rapper, with an old music catalog. He’s not an independent artist. He’s better off selling it. Other than that I’d agree with you 99% of the time.
He said it “generational wealth” you never leverage that. There’s a difference between having your name on a chain than your name on a building #meriKKKa