What rappers signed a 360 deal?

Over the past few years 300 Entertainment has grown to become one of the preeminent independent labels

independent labels

Independent music (also commonly known as indie music, or simply indie) is music produced independently from commercial record labels or their subsidiaries; this may include an autonomous, do-it-yourself approach to recording and publishing.

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Independent music - Wikipedia

offering 360 record deals to big name artists such as Fetty Wap, Young Thug, Migos and more.

Does Drake have a 360 deal?

According to Variety, Drake's $400 million Universal deal — called “Lebron-sized” because of the sheer magnitude of both its value and its scope — encompasses “recordings, publishing, merchandise, and visual media projects.” Put simply, it's a 360 deal on steroids.

Did Nicki Minaj have a 360 deal?

Recording and production

After a major record label bidding war, Young Money Entertainment announced on August 31, 2009, that Nicki Minaj had signed a 360 deal with the label in which she retains and owns all of her 360 rights – including merchandising, sponsorships, endorsements, touring and publishing.

What is a 360 deal rap music?

360 Deals are exclusive recording artist contracts that entitle a record label to a percentage of earnings from all of an artist's revenue streams, rather than just recorded music sales.

Was Jay Z in a 360 deal?

However, from 2008-2018 his 360 deal also accounted for his recordings and publishing, according to Billboard. The deal was made when his Roc Nation imprint was formed in a joint partnership with Live Nation. The former functions as a subsidiary and includes everything from a record label to a management company.

Dame Dash Breaks Down Why 360 Deals are Bad for Artists (Flashback)

Who had the first 360 deal?

According to Jeff Hanson, head of Silent Majority Group, the first new artist 360° deal was created by Hanson along with attorneys Jim Zumwalt and Kent Marcus, and Jim's partner Orville. It was submitted to Atlantic Records for the rock band Paramore while Hanson, Marcus and Zumwalt were employed by the label.

What is Drake's record deal?

Drake has seemingly confirmed on his new project Her Loss that he's signed a record deal worth $500 million. On the song “Major Distribution” off his new joint project with 21 Savage, Drizzy spits: “Bad Bunny numbers it's a robbery/ Five-hundred million just for Aubrey.”

How much is Jay Z record deal?

Thr 10-year deal reportedly sees Jay Z receive $10 million per album for a minimum of three albums, $20 millions for others rights including publishing and licensing and $25 million to finance Jay Z's external acquisitions and investments.

Are 360 deals good for artist?

You May Have The Opportunity To Develop As An Artist

But a 360 deal is generally low risk for labels. If they choose to keep working with you after your first album and tour, it could mean they see the potential in what you're doing and want to give you a fair chance at growing and succeeding.

What percentages do 360 deals take?

How 360 Deals Work. These deals vary depending on how big the artist is and the type of income streams the record company wants. As a ballpark figure, most companies ask for anywhere from 10 to 25 percent of the artist's net income from non-record sources.

Is Drake still signed with cash money?

Cash Money Records is an American record label founded in 1991 by brothers Ronald "Slim" Williams and Bryan "Birdman" Williams. Distributed by Republic Records (formerly known as Universal Republic), the label has been home to a roster of mostly hip hop artists, including Lil Wayne, Drake, and Nicki Minaj.

Does Rihanna own her masters?

Does Rihanna Own Her Masters? After releasing Unapologetic in 2012, Rihanna was able to acquire the masters to all of the songs she had previously recorded from her old label. She also founded her own label imprint as part of her new deal with RocNation, which is a really smart business move for the star.

How much did Nicki get for American Idol?

Nicki Minaj (Season 12)

Though she didn't make as much as Carey, Minaj still received a hefty paycheck of $12 million a season, according to Forbes. However, her time on Idol was cut short. The rapper left the show (with Carey) after one season.

Who owns the Migos Masters?

In 2020, Migos brought a lawsuit against the company. On February 8, 2023, it was reported by the New York Times that QC was sold to Hybe America (a company led by the executive and talent manager Scooter Braun) for $300 Million.

Does 50 Cent own his masters?

UPDATE: Some have suggested that 50 Cent sold his entire music catalog, this isn't true. According to the Wall Street Journal, he did sell the rights to collect royalties from radio play of his music for $6 million, but he maintains full ownership over all his song and album royalties.

How much is Drake per show?

Fast forward and Drake has become one of the highest-paid entertainers across the globe. As AfroTech previously told you, part of Drake's net worth includes $50 million in earnings from his music catalog, as of 2021. Additionally, he reportedly earns $1 million per concert, according to Celebrity Net Worth.

What platform pays artists the most?

TIDAL ranks higher than both Spotify and Apple Music in terms of royalty rate and the direct artist payouts available on the platform.

What is an example of a 360 deal?

For example, a typical “360° deal” entitles the label to receive a set percentage from four of the artist's revenues streams. These would include a portion of the artist's record sales, touring and personal appearance income, as well as publishing income, and the merchandise revenues.

Who signed the biggest record deal?

Michael Jackson — $250 million (2010)

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Who sells more records Beyoncé or Jay-Z?

Without including the 60 million she sold while a member of Destiny's Child, Jay-Z has sold more than 100 million records, while Beyoncé has sold about the same amount.

Why is it called a 360 deal?

"Most deals are about 270, maximum, not 360 degrees," he says. "In theory a 360 deal encompasses all revenue that an artist brings in, and hence the name, '360 degrees.

Who has sold more records Jay-Z or Kanye?

Kanye West – 140 million units sold. 4. Jay Z – 125 million units sold. 5.

Who sold more records Kanye or Drake?

Now the important question is, which is the better album? While both being financially successful, in the fourth week of sales Kanye sold 357 million albums and Drake sold 744 million. Although, it is not all about the numbers, what comes first is quality. With quality in mind, overall Donda gave us that.

How does a 360 deal work?

A “360” as it's called in the industry, is an exclusive contract between a label and an artist. In a 360 deal, a recording label not only takes a share of the artist's music sales, but also percentages of revenue from other ventures, such as concerts, merchandise, television appearances, or publishing.

What label is Lil Durk signed to?

He is the lead member and founder of the collective and record label Only the Family (OTF). Durk garnered a cult following with the release of his Signed to the Streets mixtape series (2013–2014), which lead to a record deal with Def Jam Recordings.