SAMSUNG bought 1 MILLION COPIES OF "MAGNA CARTA" netting JAY-Z 5 MILLION DOLLARS

KENNY DA COOKER

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Rarely-Wrong Liggins

Name another Liggins hot I'm just honest.
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This has been discussed already. From a sales standpoint this is no different than buying your own shyt in my opinion but from a business standpoint, on the surface, it's a pretty good deal.
 

thernbroom

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:wow: 5 million from the album plus he goes on tour so you can add on another 40 million :noah:
 

sporticus

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I can't believe anybody think they "bought" 1 million digital albums. It's a part of the deal, no money is changing hands.
 

KENNY DA COOKER

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this is what my man Prince did with his LP that dropped in 07..2.5 mill newspapers distributed it.

:lupe: wow....i could see somebody like Prince doing that..

artists like that shun traditional distribution methods and are intent on owning thier material .....

deals like this give them an autonomy not offered by the major labels

this was forseen years ago that commercial artists would seek "sponsors" to do business with in regards to the financing and marketing of thier art.

unfortunatly this seems to be of value ONLY to the global marquee acts such as the Prince, Madonna, U2's etc.

the bulk of the artists out thier will still seek the majors as thier best option for mass appeal in terms of distribution , unless they have enough confidence and leverage on thier part financially to "survive" independently like the Tech 9's etc.
 

Lord Scion

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Didn't Soundscan already comfirm that since Samsung bought the album in bulk that Jay-Z can't go platinum?
 
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