Kandy Paint Records & Mississippi Sipp Will Not Accept A 360 Artist Record Deal
In the music industry, a 360 deal is a business relationship between an artist and a music industry company. The company agrees to provide financial support for the artist, including direct advances as well as funds for marketing, promotion and touring. The artist agrees to give the company a percentage of all of their income, including sales of recorded music, live performances and any other income.
The business arrangement is an alternative to the traditional recording contract. During the first decade of the 21st century, revenues from recorded music fell dramatically and the profit margins traditionally associated with the record industry disappeared. The 360 deal reflects the fact that much of a musician’s income now comes from sources other than recorded music, such as live performance and merchandise.
Although I agree that frequently when dealing with the record labels, the so-called 360 deals do not work for artists, it is mostly because the labels are not properly staffed to exploit the rights that they obtain from the artists and the artists’ share of revenue is still calculated using convoluted and unfair accounting methods. If, however, the deal is structured in a way where the company, not necessarily a traditional record label, participates in all of an artist’s revenue streams, the company is properly equipped to aggressively exploit those rights and the economics provide for an equitable split of receipts, the deal could be mutually beneficial. Under the right conditions both artist and company are equally incentivized and can focus on the most profitable or creatively desirable revenue streams. Changing market conditions continue to reduce revenue derived from sales, physical and digital collectively. Still, the companies that make the substantial investment in developing, recording and marketing brands (artists are brands), are entitled to earn a reasonable return on their investment. Now, that means participating in the multiple revenue streams generated from the exploitation of the brands they build. I’m not greedy but point blank period no one should ever have access to my personal revenue streams that I created on my own. I understand the initial investment towards Kandy Paint Records but thats on 1 level not ALL. Me Personally now Im a real nigga so Ill be willing to compromise to where we ALL can get WEALTHY alot quicker together. I mean lets start to make some sense out of this now you can record a album,movie or any other content and post it right to the Internet the same minute. Artist can also record a full album in their car if they like too! In other words the world has changed and so has the Game so therefore if you cant adapt to the new age rap game then your useless as a Artist. Be smart my nigga! Stay Focused! This aint got shit to do with the white mane or black mane its all about that Dolla and if yall know me im fucking hoes from Texas to Guatemala!Im Gone!
Ceo Of Kandy Paint Records
Posted on July 27, 2012, in 1 deep creeping, 1 Life 2 Live Da Album, bigg sipp, black dog leland, Cadillac Dope Boy, cdb album, Ceo Of Kandy Paint Records, chi sipp, Down South Rap Artist, free album download, greenville mississippi rap, jackson mississippi, Juvenile, Juvenile 400 Degrees, Kandy Paint Records, Leland Mississippi, Leland Mississippi 38756, lil sipp, Mississippi Delta, Mississippi Sipp, mr.sipp, new music by mississippi sipp, Northern Mississippi, Pimping, Playa Fly, Project Pat, sipp, sipp town, Sipp Ward, SippWard, Tawk Real Da Album, Terry "Mississippi Sipp" Brisco and tagged 2012 new rappers, 2013 new rappers, 360 artist deal, 360 deals artists, 360 record deal, black dog leland, black dog sipp, grand hustle 360 deals, interscope 360 deal, kandy paint records 360 deals, kandypaintrecords, kpr, leland mississippi rappers, mississippi sipp youtube, mississippisipp, mississippisipp tumblr, new artist mississippi sipp, sipp, sipp ward going hard, sippi, sippward, universal records 360 deal. Bookmark the permalink. Leave a comment.