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Kanye giving artists back 50% shares for masters


SLAG

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Kanye tweeted that he’ll be giving back 50% shares to artists signed to “G.O.O.D Music”  for their masters. “G.O.O.D Music” is a label founded by Kanye in collaboration with The Island Def Jam Music Group.

 

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derpmonster

Edit: on further reading, this may mean he only owns 50% and he will give all of that back. If so, that's great :) and change OP title please

Check out iTunes data & graphs at CHARTPOP.live
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GOOD Music is a record label started by Kanye, and he's giving his ownership back (his 50%)

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LilMonst3r

I still wouldnt work for his label. I dont want to financially support a man who does not align with my values. I appreciate that he wants to help artists, I just wonder how long it will take for them to get that 50%. Is there a gap in years? Cause that can spark an alternative conversation I wont get into just yet. 

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rasclautmangos

I'm sure a few of the artists will let us know if it actually happens.

Until then, this is about as valid as when he said he'd help Taylor get hers back.

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gumzy3000

None of us are really artists who belong to major label so we do not know what they go through behind the scenes. I feel bad for him but I do think what he says about the music industry might be true. It does seem like the contracts and all the legal and financial stuff behind the scenes is exhausting and artists are upset and stressed they can not own all their work. They put in the hard work to make the music but at the same time, the label does promote it and they have the connections and knowledge to make things happen. Still, I do feel artists sometimes feel like a cash machine who feel like they are stuck in a contract. Perhaps this is why Gaga was so ironically anti-pop music in the ARTPOP era and why she even said she felt like she was just a money maker.

trolly troll troll
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12 minutes ago, Gagz4Gaga said:

He is trying way too hard to be edgy. Annoying af  :madge:

I understand this generally, but what exactly is edgy about this?

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14 minutes ago, Gagz4Gaga said:

He is trying way too hard to be edgy. Annoying af  :madge:

If someone/something annoyed me I’d avoid it rather than enter a thread about it.

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Gagz4Gaga
15 minutes ago, Agunimon said:

I understand this generally, but what exactly is edgy about this?

We know that he has new music/album that’s coming. So this is a move to stir something for the sake of something.

 

13 minutes ago, SLAG said:

If someone/something annoyed me I’d avoid it rather than enter a thread about it.

Good for you. But if someone/something annoys me, I’ll voice out my opinion about it.

nostalgia’s for geeks
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Just now, Gagz4Gaga said:

We know that he has new music/album that’s coming. So this is a move to stir something for the sake of something.

But how is saying you're going to give your shares back to the artist on a sub-label edgy?

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3 minutes ago, Gagz4Gaga said:

We know that he has new music/album that’s coming. So this is a move to stir something for the sake of something.

 

Good for you. But if someone/something annoys me, I’ll voice out my opinion about it.

Well you’re given your opinion and we all care about it so bye.. 

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