- We never own shyt
John Legend just sold his entire music catalog for those Ms.
- Thread starter Sad Bunny
- Start date
shyt I have about 400plays of my music on spotify and youtube and got $10 this year 
Greenhornet
A God Among Kings
I have no clue what "20 to 40 years ago" meansIt wasn't 20 to 40 years ago.... you sounding like blockbuster video right now...
money and ownership dont have a time limit
if you are say ... nat king cole and have your songs played at christmas every year. You may not get 200 million immediately
but you never know where your product can be placed. Or how much money you can be missing out on.
When you own something you always know how much because it goes by your effort
I mean this logic applies to anything... housing, jobs, business ownership etc.
Prince died with 250 million with minimal marketing and ownership at the end
MJ was worth billions in the market, you can go down the list... Beatles etc. Do you think if Prince was alive, he would sell his entire catalogue for less than he made off just touring?
All for them to market, repurpose, re-release and stream your stuff for the first time ever?
You never know whats next for your music... you never know where it can land.
Imagine if Eminem did the Fast And Furious song that blew up instead of Wiz Khalifa... nobody knew it would be the biggest song of the year and make millions
Imagine if the dude who wrote the Ghostbusters theme song just did it off GP and no ownership.. he wouldnt have made a dime writing for Stevie Wonder, Marvin Gaye, etc. He would have taken the money and not got paid still to this day.
MJ put Beatles music in Nike commercials for millions... they didnt see a dime of that. The same Nike who offered Lebron a billion dollars for a lifetime shoe deal. He doesnt even design shoes, he just wears them and walks around all day.
Even Bowie's Estate selling his music rights was a dumb move. They will recoup that bread extremely fast just off streaming and movie placement. Thats all shyt the estate could have done themselves and still retained ownership. Unless you have a solid plan or you're young its just a bad move. There's no more Beatles or David Bowie music the price of the brick is only going up. nikkas gonna be streaming the White Album forever. Its already been 60 years and its still selling and streaming. That's not even counting Sgt Pepper, Revolver, Magical Mystery Tour, 3 Movies they were in, Rubber Soul, Let It Be etc. Concert live videos you can go on and on.
Only makes sense if you are young and going to keep recording better stuff, you can use them to market while you hold the better shyt
Like everyone is saying its obviously worth shyt if they are paying everyone to cash out now. They arent handing you 100s of million dollars as a joke because they want "ordinary people" for fun
Field Marshall Bradley
Veteran
No it doesn't.... BUT IF YOU WANT TO MAKE MONEY/PROFIT? It absolutely can....
Furthermore.. You wanna own your masters, or own 100 mill in US Currency?
Dapped and Repped.
Surprised they don’t do more on Spotify because they have 3.7 million monthly listeners. Matter of fact, if they did 100k streams a day, and each stream was a different listener, that would still only be 3 million in a 30 day month?
Either way, just short of a million a day
WE
GOING
DIAMOND
Yeah, streams are tracked via IP and account, they had to improve tracking due to click farms/bots, people playing the same song on a loop bumping up the stream count to get a bigger payout.
The way you cats constantly act like anything in the millions is still chump change is hilarious. Acting like his grandkids will be living in the hood lmfao fukk outta here.
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that's why trusts exist
Wargames
One Of The Last Real Ones To Do It
He puts that money into investments his kids kids will be set forever.
Artificial Intelligence
Not Allen Iverson
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If there was no money to be made in music anymore, corporations wouldn't be buying up catalogs for hundreds of millions
At the same time, selling your catalogue for 200.000.000 isn't the same as signing your publishing away for a 100.000 Dollar advance a chain and a fancy car like artists used to do in the 90's. You can use those 200 Mio and invest them in something that will generate income
Music industry not making money like that no more...
This is only a bad deal, when the artist pisses away their wealth, or never had any to begin with. Of course you want to own your masters.
But if you can get a hefty bag for it then yeah why not sell it? Unless your somebody like Mariah or MJ who's going to have songs topping charts every year forever, that get regular play regardless of how old they are. Songs like thriller get popular again every Halloween, they are going to listen all i want for Christmas every Christmas. other hits are so iconic that they still get radio play regularly and sampled by other artists.
Nobody is sampling John Legend and he doesn't have any songs that are associated with a holiday or that are so iconic as to remain popular across generations.
But if you can get a hefty bag for it then yeah why not sell it? Unless your somebody like Mariah or MJ who's going to have songs topping charts every year forever, that get regular play regardless of how old they are. Songs like thriller get popular again every Halloween, they are going to listen all i want for Christmas every Christmas. other hits are so iconic that they still get radio play regularly and sampled by other artists.
Nobody is sampling John Legend and he doesn't have any songs that are associated with a holiday or that are so iconic as to remain popular across generations.
Duke_Droese
Superstar
If he invests, he'd make more than the royalties he'd get.
Music is getting less profitable as technology goes on.
Music is getting less profitable as technology goes on.
Or what happens in the real world is the kids fight like hell over control then they each start selling their parts individually because they have no attachment to the art other than monetarily. Grandkids wouldn’t come close to controlling anything of note.