It's September 15, 2024, 11:44:44 AM
I talked about this shit before but the economics of the music business is strange. And what's even more strange than that is that Snoop doesn't even know any more about it than we or I do. If you look at my poston here I was ranting about the 90's made sense because you had benchmarks—you knew like if they sold 100,000 Independent they made profit, and 300,000 on a major meant they made money, and platinum then you were rich. It all made sense.Now Snoop is saying the exact same shit I said, and I'm just a fuccin fan and yet he don't know any more than I do and he's got his own label and shit like that!!But I kept fuccin saying on here, aside from doing shows, how does any artist actually make any money? And now, even Snoop is saying the same shit. You would think Snoop's music is streamed all day long all over the world he has fans and classics and hits he's one of the top artists of all time of any genre.Yet even he is saying he ain't gettin paid off streaming. Even he is saying he don't even know how to get paid off streaming !! He is even saying he doesn't know how many streams he is even getting !!This shit is nutz..
He just doesn't know the numbers as far as how many streams equates to how much money. That information is googable and he can do the math himself. I don't see what's not to understand about it. I get he feels he should be paid more but that doesn't have anything to do with there actually being a system in place to determine the amount or even how that system came about. I would have to know who he's contractually obligated to in order to know if he's getting what he's suppose to. If you are signed to a label, that's under another label, that's under another label, you sampled, had ghostwriters etc. you could expect less money than someone who's indie and wrote/produced their own music. Their billion stream dollar amount would look different from his.You would have to elaborate on the benchmarks. By they do you mean the artist or the labels?You're conflating not making money from streams to not making money from music. Music is used everywhere, not just streamed online. Look into Donald Trump being sued for using Issac Haye's music. Nothing to do with streaming or touring but it's money generated. Not merch either for the record.
Well if you are saying that Snoop just isn't bright enough to look in it and figure it out then that's a different argument. But it sounds to me he's saying he doesn't even know how many streams he's getting first of all. He should know that, especially as a label owner, and even as just an artist he should have access to that.As far as Benchmarks I was just talking about how everything made sense in the 90's because you sort of had these benchmarks for everything that aren't really used anymore...100,000 for an Independent album you was making bread300,000 on a Major Label you were at least turning profitPlatinum you were richTo use an analogy in 90's sports...MLB.300 you were a good hitter100 RBI's 20 plus homersNFL1,000 yards Rushing was a good season100 yard game was a good game rushing1,000 yard receiving was a good season100 yards in a game was a good game for a receiveryou get my point. That was the 90's. Those benchmarks have all been messed up. And that's sort of what Snoop is saying. He was saying he knew in the 90's what was a sucessful album and what was making money and what wasn't. And he says now none of the shit makes sense.
streaming is great for the fans, not so great for artistsyou could argue that if someone hears enough music from a certain artist they will go and purchase some of their materialbut then again who these days actually purchases physical copies and who has an outlet to listen to themI still have my CD boom box from the early 2000s where I can listen to CDsplus you cant beat their sound quality
The amounts I said before might be wrong. I'm not sure, do your own homework. It might not be .07 cents it may be .70 in the scenario I posed. If so, that would mean more money for the artist. The thing is, there are people here who could answer this but choose not to. I've been meaning to ask you, did you work with Game? Are you in the industry?
I may be wrong but wasn't it like a $1.00 for every CD sold in the 90's?no never met Game and not in the industryjust a long time west coast hip hop fan from Queens NY
but then again who these days actually purchases physical copies and who has an outlet to listen to them
I do.I have.
Still worth to release hard copys.Stay on the westcoast:Daz, evidence, bossolo, planet asia, dj muggs, g malone etc...They all release cds.Dont think they do for charity.Dont think they are bad at bussiness.So it has to worth to them!
As to the first portion of your reply, he should know how this works. The information is out there. If he doesn't then that's on him. I understand what you meant as far as benchmark, I just don't know from who's perspective you were speaking from. From an artist standpoint or the labels standpoint.100,000 Independent they made profit This is probably true for the artist and indie label. and 300,000 on a major meant they made moneyThis probably isn't true for an artist and might not not be true for the label.and platinum then you were richThis simply isn't true for an artist and a label may not have turned a profit either. If the artist were getting seven cents per album sold, which is on the higher end of pay for artist, that is only seventy thousand dollars for the artist. Alot of artist never got anything for their albums. You hear that often. Then and now.
The benchmarks are kind of just in general. Obviously there are exceptions; like my favorite 90’s band is Goo Goo Dolls. Their first album had the hit “Name” and went platinum but they got screwed by the label and didn’t make money but still you can bet somebody on the label was really happy and making money. And I bet any rapper in the game if he saw news his shit was going platinum in the 90’s they was poppin bottles like “we rich!!”Just like you could have a .300 hitter in MLB and maybe all he is hitting is singles and doesn’t walk much — and the Brad Pitt - Money Ball analytics kind of changed the perception of those 90’s benchmarks - to use an analogy - like the way MP3’s and Streaming changed the game on our old 90’s benchmarks in music.