It’s a guarantee check vs a fluctuating check. They need that money today not across 10-20 years. They don’t have the leverage( or they think they don’t ) to reignite their catalogs. So to them it’s a depreciating asset ( those checks getting smaller each one ) to the companies with teams in place and $$ in place to bring life back into old projects they make their return ( sometimes ) Win win ?
Exactly ! They benefit of the fact that niggas come from nun and will do anything to get their foot in the door. To which we should look at them as sale outs ! We make the lease amount of money but spend the most. Once we unplug and tap in will be able to accomplish anything
Entertainment business is too shady. I don’t understand why someone would even want to join. Everywhere you go you have to worry about labels ripping you off, not paying you, labels exploiting the fine print in the contract. It’s exhausting. I recommend you to get you a well- paid 9-5. Engineering, etc.
They definitely don't owe him that much + he KNOWS he didn't bring-in that kind of revenue for anyone, including himself + if he DID generate that much, he should have NO PROBLEMS generating a SLICE of that number right now, to run his independent career like he wants to.............but he won't because this is all CAP
Of course not. How much was his deal? Advances? Etc. I know he was in the red, despite a platinum debut, gold album, and 2 albums that went wood, 5th album gave up to go indie on the first deal with Warner.
@@qikstar I know how much he sold + how crowded his shows were! They weren’t $15M worth, that’s for sure + he cost his label when he went to prison for that long + his legal fees. You can believe these delusional/uneducated ninjas, who think not valuing an education makes them smart
Can’t let the guest talk this dude think he bigger than the guest but don’t get views without the guests Life had asked to talk Essco you have no talent be a interviewer
This guy dont understand bussiness go independent and do a administrative deal with a big publisher who have the connections to kickstart your catalogue these guys are full of mumbo jumbo bad bussiness men why would you walk away from 15million owed even if it cost 5million to sue them i smell 🧢 😅
Bagfuel is a dope concept,the way yall talk about the business side of things,keep it up brothers 💯
Music, Movies, real estate and policies.... ownership is the road to "power".
This is a good one...share this ish people 🙏🏾
Salute to lyfe I met this bro at my job a couple year ago at the Hilton hotel in newark nj he was str8 up cool
Lyfe My Dawgg 💪🏼💯!!!
Drop the full interview bro
Great interview fellas!
Lol unless you successfully overtaxing renters, you’re not gonna make 2% return monthly from a home until years later.
It’s a guarantee check vs a fluctuating check. They need that money today not across 10-20 years. They don’t have the leverage( or they think they don’t ) to reignite their catalogs. So to them it’s a depreciating asset ( those checks getting smaller each one ) to the companies with teams in place and $$ in place to bring life back into old projects they make their return ( sometimes ) Win win ?
Best explanation
Money is more important in the long run not right now
@@shynebayarea510 to you. Everyone’s financial strategies are different
The spend your own money was the message…I don’t think any of our people should be messing with the conglomerates
Business is not supposed to be fair
Greed takes people out😮
Absolutely correct there’s no feelings in business
This is the mindset that gets people buried and put behind prison bars!
Ownership 💪🏽💪🏽💪🏽💯💯💯
Lyfe first cd a masterpiece
Life good seeing him❤
Damn.These record companies are FOUL 👎
No… their smart.
Exactly ! They benefit of the fact that niggas come from nun and will do anything to get their foot in the door. To which we should look at them as sale outs ! We make the lease amount of money but spend the most. Once we unplug and tap in will be able to accomplish anything
@@ryanswift5411 nothing smart about being shady and sneaky while having the deck stacked in your favor.
@@ryanswift5411they’re manipulating the system to fuck the artist smh that’s not smart it’s dirty
Thats every business @apexone5502
Added to Our East Coast Culture Playlist🏆
I like how bro broke dis down!
I likes when the hosts gets educated
True definition of self made
It’s business not personal.
That's what 50 cent did to interscope audit them
Gotdammmm STOP over-talking the Guest after you Ask a Question 🔥🔥🔥😩😩😶🌫️😶🌫️
It isn't the record company is the artist themselves we go in it as a business
I see the Philly street legends hoodie
Everybody song gone be in 2k25 😂
Entertainment business is too shady. I don’t understand why someone would even want to join. Everywhere you go you have to worry about labels ripping you off, not paying you, labels exploiting the fine print in the contract. It’s exhausting. I recommend you to get you a well- paid 9-5. Engineering, etc.
That's why people like Lauren hill, Andre 3000 and mos def not active
9:30 bury ‘ em in paperwork
💰⛽💰⛽💰⛽💰⛽💰⛽
A lot of this is due to the lawyers colluding
Nick Cannon said this before, all the lawyers be in the pockets of the labels from the jump.
@@joshingram071 exactly
*Damn!!*
WILDNESS
💎💎💎
0:00 AI sequencing.. 💰💰💰💰💰💰💰💰
Man oh man, these labels are cut throat
If you are not the creator you never make what it worth. They charge real estate taxes a lot.
15 million? Sue them
You just read the title huh?
Them records labels are sinister big pimps 🤷
Got to play chess not checkers. Invest in yourself!!!!!
They definitely don't owe him that much + he KNOWS he didn't bring-in that kind of revenue for anyone, including himself + if he DID generate that much, he should have NO PROBLEMS generating a SLICE of that number right now, to run his independent career like he wants to.............but he won't because this is all CAP
Of course not. How much was his deal? Advances? Etc. I know he was in the red, despite a platinum debut, gold album, and 2 albums that went wood, 5th album gave up to go indie on the first deal with Warner.
@@qikstar I know how much he sold + how crowded his shows were! They weren’t $15M worth, that’s for sure + he cost his label when he went to prison for that long + his legal fees. You can believe these delusional/uneducated ninjas, who think not valuing an education makes them smart
Very good info .. the music business is shit now .. dudes like Russ fucked it up for everybody
The Music Industry Is Just Like The Drug Game, Just In A Corporate Manner.
Can’t let the guest talk this dude think he bigger than the guest but don’t get views without the guests Life had asked to talk Essco you have no talent be a interviewer
😂😂😂
This guy dont understand bussiness go independent and do a administrative deal with a big publisher who have the connections to kickstart your catalogue these guys are full of mumbo jumbo bad bussiness men why would you walk away from 15million owed even if it cost 5million to sue them i smell 🧢 😅
It was 📝 ( for get about it ) blacks really think they down Sad
Dude has no facial hair lmao.. all love though homie. Just funny tho
MY GUYS!!! SALUTE BAG FUEL ONE OF MY FAVORITE PODS🫡💰⛽️⛽️⛽️⛽️💯