DIDDY schoolin' the WARLOX to the music game & publishing 101 in Nov 05' on Hot97 in NYC (AUDIO)

Razzay

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Nope. Only if there is an actual breach of contract. Puff can LIE about the terms all he wants in a radio interview without legal ramification as long as he adheres to the terms that are in the contract. It makes him look like a snake, but he's banking on the fact that nobody will check him on it. He could have denied the whole thing on air, the contract is signed. But he said it right the first time then switched it up. The dollar break down was accurate and totally contradicts the 80/20 claim. Bottom line is that they signed a shyt deal. Puff was just trying to dress it up on the air so it wouldn't look like the shyt deal that it is.

It is a 80 percent Lox and 20 percent Badboy for publishing.

The way its broken down is the Lox get 50 percent right away as revenues are earned based on a recouping album advances…the 30 percent more is only earned if they recouped their recording costs…then Badboy earns 20 percent publishing after they recoup….thats how publishing works.

Plus Benjamins still is their biggest record to date.
 

Deoji

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It is a 80 percent Lox and 20 percent Badboy for publishing.

The way its broken down is the Lox get 50 percent right away as revenues are earned based on a recouping album advances…the 30 percent more is only earned if they recouped their recording costs…then Badboy earns 20 percent publishing after they recoup….thats how publishing works.

Plus Benjamins still is their biggest record to date.

Negative. 50% writer credit, 50% composer credit. Lox get 50% writer, and Puff gets 40% of THEIR 50% because they signed a publishing deal on top of the record deal. So the LOX only own 30% of the total publishing…not 80%. Unless the Lox made the beat too, it's unlikely they own more than 50% of the publishing rights for a particular song.
 

Max Goonberg

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breh me and u jus had a discussion regarding backhanded compliments :snoop:

you fukin posters cant be serious :snoop:


based on the situation being discussed in the thread yea "im just realizing they never really bust no grapes like that for all the tough shyt they was talking."




what we discussed was hating ass posters bringing up irrelevant losses taken by an artist to clown or derail the thread.:manny:



shouts to you tho
 

Razzay

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Negative. 50% writer credit, 50% composer credit. Lox get 50% writer, and Puff gets 40% of THEIR 50% because they signed a publishing deal on top of the record deal. So the LOX only own 30% of the total publishing…not 80%. Unless the Lox made the beat too, it's unlikely they own more than 50% of the publishing rights for a particular song.

lol of course they signed a recording contract and a publishing deal. As a record label Puff invests in talent and up fronts the recording costs, sharing the risk with his artists. When revenues from record sales and royalties are earned they need to go back to the label to cover recording costs before anyone is paid a royalty. The publishing deal with Puff is separate, as he stated in an interview Badboy has a staff that provides administration services to follow up on royalties and collected them once they are earned. The Lox pays for their share of these costs through their publishing as its Diddy's company Badboy that has the equity in the business side.

Puff also has a production company with Badboy where he provides production services from the hitmen. The Lox and artists need to pay the producers for the production as part of the recording costs something that Puffy fronts up front and then collects again through sales and publishing before profits are earned for the artists.

He stated in the interview the Lox took home over 1.5 million for their album sales….and Puff got just under 400K. I don't know what kind of business you think they should get out of that and what Puff should get for investing in them, giving them the opportunities, and taking a risk with his business to take the time, energy and capital to invest in their talent.
 

Mac Casper

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Puffy actually sounds like a car salesman explaining to someone's angry father why they just signed their son to a bullshyt deal
 

The Devil's Advocate

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Better to reign in Hell than serve in Heaven
"there was a lot of talk about throwin refrigerators and all that, you aint throw refrigerators on your first beef, on the beef you got right now,handle that one first and then come see me sonny…I was at the office all day yesterday aint no need for that tough talk…we can only go on your track record…judge that man by his track record if he the streets…Diddy on Jada
"lets be serious here.... them nikkas ain't busting a grape" :mjlol:


puff straight shytted on these dudes from the street to the office to every way possible


"i gave them the name the lox... so now they gotta go back to being the warlox" :damn:
 

Razzay

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Puffy actually sounds like a car salesman explaining to someone's angry father why they just signed their son to a bullshyt deal

He just simplified it for them to understand (Lox, Angie) cause its clear they didnt understand shyt. I dont think he intentionally dumbed it down to make them look stupid but he was upset that they disrespected him after he went out of his way to release them out of their contract.
 
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