How do underground rap artist make so much money?
I wanna know how its being done, because you don’t even hear about alot of these people and they be splurging lots of money and cars and clothes. For instance rap artist Paper Chase flashing a whole stack of hundreds.
Most popular underground artist make more money independently than artist who are signed to a major record label. Underground artists do not have to give a record label a majority of their profit like artist signed to a major. A majority of the artists who are signed to a major record label (Bad Boy, Jive, Def Jam) only get about 15% of their album sale profit (after they pay for their own promotion and studio time). This especially applies to new artists. Establish artist usually get more than 15% after their 2nd or 3rd record because they renegotiate their contract. That is why you see a lot of artists going broke (TLC).
Lets say a major artist goes platinum and their cd sells for $10 a pop then the artist will only see 1.5 million dollars max. If the artist owe the record label for studio time then this will be taken out of this 1.5 million dollars profit. If you are in a group then you will have to split the profit between ever member of the group (TLC had to split 3 ways).
An independent artist will only have to sell 150,000 to make 1.5 million dollars. Independent artist usually pay for studio time and producers before they start recording so this money don’t come out of their profit.
This is why you see a lot of artist who are trying to sign with a major will also try to get their own record label (G-Unit, Shady Records, Cash Money, etc.) with the majors before they sign. People use to make fun of Master P. but he was a good business man. P was making millions independently before any major label tried to sign him. Once the majors saw the unit he was pushing, they tried to sign Master P for only 15%. He kept turning down offers until Interscope gave him an offer he couldn’t refuse. I think he gave Interscope 15% and he kept 85% of the profit. You will never see a major do this type of deal again.
This is the reason why rappers like Slim Thug, Baby, and Master P was already millionaires before they signed a major deal.
drugs, loans lol
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most are drug dealers but when some artists appear on mixtapes usually they get a cut of the profits from the publishers…that wont get you millions so most just go pro….like cassidy for instance
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brought to u by BK Blaxxx u already know
Most popular underground artist make more money independently than artist who are signed to a major record label. Underground artists do not have to give a record label a majority of their profit like artist signed to a major. A majority of the artists who are signed to a major record label (Bad Boy, Jive, Def Jam) only get about 15% of their album sale profit (after they pay for their own promotion and studio time). This especially applies to new artists. Establish artist usually get more than 15% after their 2nd or 3rd record because they renegotiate their contract. That is why you see a lot of artists going broke (TLC).
Lets say a major artist goes platinum and their cd sells for $10 a pop then the artist will only see 1.5 million dollars max. If the artist owe the record label for studio time then this will be taken out of this 1.5 million dollars profit. If you are in a group then you will have to split the profit between ever member of the group (TLC had to split 3 ways).
An independent artist will only have to sell 150,000 to make 1.5 million dollars. Independent artist usually pay for studio time and producers before they start recording so this money don’t come out of their profit.
This is why you see a lot of artist who are trying to sign with a major will also try to get their own record label (G-Unit, Shady Records, Cash Money, etc.) with the majors before they sign. People use to make fun of Master P. but he was a good business man. P was making millions independently before any major label tried to sign him. Once the majors saw the unit he was pushing, they tried to sign Master P for only 15%. He kept turning down offers until Interscope gave him an offer he couldn’t refuse. I think he gave Interscope 15% and he kept 85% of the profit. You will never see a major do this type of deal again.
This is the reason why rappers like Slim Thug, Baby, and Master P was already millionaires before they signed a major deal.
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