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

[MouseTeeth]

The lox have nobody to blame but theirselves ....nobody puts a fun to your head and forces u to sign a contract....u get what u sign

 

[Razzay]

And we can't lose cause Puff set us up properly

 

[Razzay]

he said that was their entire career

i'm guessing they had a different split during the bad boy years, where puff made more.. since they left it was 3 million dollars and 20 percent of publishing for 5 albums

Puff's comments with the cancelled cheques that he brought were everything up to that point. So from when they were signed in 96 up to when their contract ended in 99. However the interview took place in 2005. Puff still owned some publishing after 99 on Lox solo joints.

If the Lox were paid 1.5 million in earned revenues from the Money Power Respect album, they must of recouped the recording costs with album sales and paid publishing and production.

The 3 million he charged interscope must of been a business valuation of their worth, based on their market share (1 million customers) and a formula to determine their value.

 

[Razzay]

Diddy's day 2 interview - made day 1 look more hilarious

 

[Razzay]

 

[Deoji]

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.

I never disputed any of that. I'm talking about the maladjusted numbers he was giving during the interview. They do not own 80% of their publishing by any stretch of the imagination.

 

[Razzay]

I never disputed any of that. I'm talking about the maladjusted numbers he was giving during the interview. They do not own 80% of their publishing by any stretch of the imagination.

He was reading right from the contract and brought it to Angie and highlighted it with a marker...80/20 split.

If u are referring to the cheques that he brought with him that showed me made just under 400,000 in royalties, theres a chance that his staff may have included his royalties for producing / executive producing as well which of course would skew his publishing royalties.

 

[USSInsiders]

at you of all people posting this

 

[Take_Note]

Why you mad cuz I'm bad and the boy gets paper?

 

[Razzay]

Why you mad cuz I'm bad and the boy gets paper?

Yeah Shyne confirmed that he was around Puff in 99 when they worked on this track venting frustration and anger to the Lox. Shyne said Diddy felt betrayed by em and went at em on the first and third verse. Around the time that hate me now was recorded.

 

[Baracka Flocka Flame]

At the end of the day I respect Puff for telling these knuckleheads how it works in business. It seems that we (black people) are less likely to challenge a white person in power for giving us a "unfair" contract but when the person resembles us we cry bloody murder. Why do we expect business to go any different when the business owner is a person of color. Business is all about profit. Minimizing the loss on your end and maximizing the gain.

Puff presented a platform for them to get famous and make more money than they were making and they accepted. If they didn't like the offer they could have 1 either left it alone or 2 brought a lawyer and renegotiate the terms. They choose to be ignorant and just sign anything that was put in front of them and cry later. I bet they wouldn't go to Lyor Cohen, Clive Davis or Jimmy Iovine with any of that threatening nonsense. Why is that? Yet when it's a black man trying to get his business man on we tell them to do it different and forget about their profit.

Not saying being a shiester is the right thing to do. Just saying it's a ton of hypocrisy when we a black man exercises the same techniques as a white or jew.

 

[sporticus]

How can you...
Not only defend this snake diddy..

But actively promote him?

You sound like the type of dude to walk in front of a bus and then blame the bus.

Yall got weird definitions of the word "snake". A snake would add the words after it was signed. What's snakish in asking you to adhere to the contract you signed?

Only black folks conduct business on the radio.

Might I also add, look at Jada's business decisions after Bad Boy. Ruff Ryders, Interscope, Rocafella, D-Block, Def Jam. He never smartened up.

 

[Deoji]

He was reading right from the contract and brought it to Angie and highlighted it with a marker...80/20 split.

If u are referring to the cheques that he brought with him that showed me made just under 400,000 in royalties, theres a chance that his staff may have included his royalties for producing / executive producing as well which of course would skew his publishing royalties.

I'm speaking specifically on the publishing split. Not royalty statements, etc. At the beginning of the interview he says "Lets say it's a dollar. Out of that dollar, 50 cents go to them. Out of that 50 cents I get 20 cents."

And that's accurate. They own 30% but he's attributing the composer 50% share to the LOX to get 80% which is a lie. That's all I'm saying.

 

[f*ck gay-z]

This was brutal

Puff bodied them nikkaz from just about every angle possible Schooled them on the contract shyt & pulled their hoe card on the street shyt

Haven't seen an NY rapper done that badly since Wayne killed Camel with the kidnap lines about Bey

Diddy Da Gawd

 

[BlaKcMoney]

Puff: "i got the contract right here, they get 80% off they publishing, take a look angie"
Angie: "Lox just emailed a contract that says its only 50%....you wanna take a look"
Puff: "yea yea lemme see.......i aint gotta lie though..they can use this recording in court"
Angie: