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IP:
^^ On that note, half of what you said is bullshit. I run my label like the big leagues. When I sign someone, it's an advance and perks like free studio time, food, lodging when on the road, shit like that. Tha shit you record, which is called masters, are either mines or the artist cuz that's extra money when a greatest hits album or something like that comes out.
As far as advance money,the company can't tax money they already gave you. Advance money is free money bcuz if you never release a song or album, you don't have to recoup, or pay back. Perfect example is 50 Cent with Columbia Records. And if you drop an album, u can recoup with 250,000 copies selling. Going gold puts some money in your pockets, but when you go platinum, thats more money and you can get like label deals and shit. I'll explain after this post.
112-Currently in the situation of signing with Island Def Jam. They wanted to move on.
Mase-Minister. He got tired of the lifestyle
Black Rob-In Tha Studio. PD is smart. Why bring him out now when 50 is holding it down so hard. His tour is coming up and he'll be holding it down until the end of the year. I don't care about how well your fan base is or your confidence, spending that money will be a waste, period.
Faith Evans-Still with the fam. Her last album went platinum. And it was hott.
LOX-What rap group has went platinum? How can a gangsta, thugged out as group have a decent single? To have a single played on the radio, one must have a marketable enough song. Radio can't play that hood shit all the time.
The rest of the family is going hard as ever. Like I said, it ain't smart to come out right now. I'll explain how PD makes money even though nothing is out right now with Bad Boy.
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