Damn... Check These First Week Sales Numbers...

DaveyDave

Superstar
Joined
May 1, 2012
Messages
16,394
Reputation
2,539
Daps
29,724
Reppin
Australia
i don't really care about sales these days. as long as the artists can get paid from touring etc then they will be happy to keep putting music out and i buy what i can when i can i still like collecting cd's but i am gonna have to start buying on itunes, when the prices get better or when they really start phasing cd's out
 

Doomsday

Superstar
Joined
Feb 19, 2014
Messages
10,573
Reputation
2,675
Daps
25,454
Empire Distribution - Wikipedia

Its a distribution deal.

Mozzy is still waiting to be signed, and so far he only dropped 2 albums through Empire.

They are a subsidiary of Universal. They are "hidden" record label. They don't just distribute, they do all the things that a typical label does they just roll with the "indy" trend for the sheep to eat up.
 

Rekorb

Banned
Joined
Nov 18, 2016
Messages
457
Reputation
760
Daps
957
They are a subsidiary of Universal. They are "hidden" record label. They don't just distribute, they do all the things that a typical label does they just roll with the "indy" trend for the sheep to eat up.



I was messing with Mozzy before he signed a distribution deal with this Koch like label.

And Mozzy only put out 2 albums through Empire, even Young Dolph and Rich Homie Quan put music out through Empire.

Budden puts his music out through E1, what would you consider him?
 

L&HH

Veteran
Joined
May 18, 2012
Messages
53,929
Reputation
5,989
Daps
163,297
Reppin
PG x MD
This.

They had to come up with another way to count "sales" because people aren't buying albums anymore. But the streams shyt is corny. I want to know that someone went out and actually bought my album. These dudes make literally pennies off of streams. They're giving out gold and platinum plaques now for streams because albums barely get to 500K now. It's a joke.
You realize they came up with the streaming album equivalent number based on how many streams equal a traditional sale? They make $0.006-$0.008 per stream and 1500 streams is equivalent to one album sale. If you multiply $0.007 by 1500 you'll get $10 which is the same as a digital itunes sale.

You guys are stuck in the past, there's still a lot of money in music maybe not what it once was but there's still a lot of money. Budden just bought a pretty nice crib from the money he's still making from music (or he still got a lot of that pump it up money?)

 

Awesome Wells

The Bobby Womack of Crack
Joined
Jun 20, 2012
Messages
14,427
Reputation
10,888
Daps
48,367
Reppin
Uptown, NYC
they make the same off streams that they do off of selling records the old way

Publishing doesn't allow for them to make the same as before, because the revenue from streams is nowhere near where it was before with physical copies being sold. They're not seeing anywhere close to the same money from streams. In the late 90's, the standard net value of a "certified" platinum project for labels, was around $10M. They've seen a 85% decline in revenue in comparison to what streams of that quantity bring in today. And they're not going to distribute funds to the artist before they get back what they need first. So artists are barely getting anything from it.
 

Awesome Wells

The Bobby Womack of Crack
Joined
Jun 20, 2012
Messages
14,427
Reputation
10,888
Daps
48,367
Reppin
Uptown, NYC
You realize they came up with the streaming album equivalent number based on how many streams equal a traditional sale? They make $0.006-$0.008 per stream and 1500 streams is equivalent to one album sale. If you multiply $0.007 by 1500 you'll get $10 which is the same as a digital itunes sale.

You guys are stuck in the past, there's still a lot of money in music maybe not what it once was but there's still a lot of money. Budden just bought a pretty nice crib from the money he's still making from music (or he still got a lot of that pump it up money?)

It's not about being stuck in the past. For those of us who've been around long enough to compare, and who've made money, you know there's a huge difference in the money that was being made back then and now. There's way less money being made today because sales are down crazy. People don't buy albums anymore the way they used to. So streams are never going to make you or the label, what they did before when physical or even digital copies were the standard for "sales". It's just common knowledge.
 
Top