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Khonsu Asks: Why Are Artist Still Signing 360 Slave Deals?!?!?

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This is a topic that never gets old. Especially, since young artists are still signing these 360 slave deals. We have talked a lot about the 360 Slave Record Deal. In fact, we provide an in-depth look at the subject.

Shady 360 Slave Deals Re-visited

Brother Khonsu stopped by to chat with friends hosts O’God and SamAnt. And, during the conversation, RocNation was mentioned. Now, let’s look at why the “360 Slave Deal” is so shady. Here are some of the details, as explained by Darrin of hip hop news un.

“The record label assumes the duty of controlling and managing every aspect of the artist’s career. Under this type of recording contract, record labels retain complete control over an artist’s publishing rights, touring rights, as well as merchandising rights.”

In other words, young hip-hop artists sign this deal not aware of its ramifications. What I am trying to say is, the music executives stand to make much more money than the artists. In fact, this deal is loaded with benefits for the music company. However, the artist gets little money. All of the revenue streams eventually go back to the record company. You may know a few artists who signed this shady deal. Cardi B signed a 360-degree publishing deal, New Edition signed a 360 deal, and a host of other artists, as well. If you were fortunate to watch “The New Edition Story” TV movie on BET you now have a better understanding.

Darrin points out in his article that the 360 deal is much different than a traditional record signing contract. In a traditional contract, the label shared the income of sales with the artist. But the 360 deal as mentioned, has complete control over publishing rights, touring rights, and merchandising rights. Clearly, there is a huge difference between the traditional music deal and the 360 deal. So, when Khonsu talked about the 360 deal in his interview I was shocked to find out young artists still sign it.

With that said, is RocNation one of the labels that sign 360 deals with artists? Is Rick Ross’s label signing 360 deals? Are independent artists going back into these 360 deals? Well, Khonsu answered these questions. Hold on to your seats. The answer is a possible, yes to all of the above. Allegedly, Jay-Z’s RocNation and Rick Ross “Maybach Music Group provide the 360 deal to artists.

On the other hand, when asked about Yo Gotti, Khonsu mentioned Yo Gotti is on the other side of the spectrum. Yo Gotti has publishing rights and royalties of the artist he signs. Therefore, You Gotti does not release any music. Khonsu pointed out another example of the 360 deal are artists”City Girls.” They are not making any money because of signing the 360 deal.

Why is it important for artists to own their merchandising, and publishing rights?

Independent artists own all their publishing and merchandising rights. This puts them in a great position. One – hundred percent of revenue is theirs. Also, they own their music masters. They also have the freedom to negotiate music licensing and publishing deals. Moreover, they don’t have to worry about confusing contracts, expensive lawyers, and signing over their music rights, according to ICon Collective.

In case you all don’t remember, Prince was in a huge battle with Warner for his masters. In fact, he changed his name to a symbol to protest. Because Prince was willing to forego his name in order to bring awareness of these shady music practices. When it was all over, Prince was able to gain control over his own music masters. What Prince was able to do help other artists to take control over their music rights.

By the same token, I can understand why new hip-hop artists take 360 deals. Oftentimes, new groups don’t have money to start their careers. There is a lot that happens behind the scenes in the music business. Khonsu mentioned that some of the music labels pay for their artists’ expenses such as housing, food, wardrobe, and studio sessions. Not to mention, the distribution of records and tours.

Furthermore, artists don’t have to bother with all of the aspects of making decisions. That is left up to the record label staff. Unfortunately, when their career takes off they have little to show for it. With this in mind, you should have a greater understanding of why it is important for artists to own their merchandising and publishing rights.

khonsu

Check out the video above for more details.

For more Hip Hop Entertainment News check us out at Hip Hop News Uncensored. It’s the best Hip Hop YouTube channel.



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NEW VIDEO: Quavo & Yung Miami – “Strub Tha Ground”

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Quavo Yung Miami Strub Tha Ground videoQuavo and Yung Miami from City Girls have teamed up on a new single titled “Strub Tha Ground”. It comes with an accompanying video.

No word on what forthcoming project this track will appear.

Listen and watch below:



The post NEW VIDEO: Quavo & Yung Miami – “Strub Tha Ground” appeared first on Fresh: Hip-Hop & R&B.



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Wale Unveils ‘Folarin II’ Ft. J. Cole, Rick Ross, Maxo Kream & More

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Robyn Mowatt

Robyn Mowatt is a staff writer at Okayplayer where she…

Folarin II Wale

Photo Credit: Warner Records

The notion of evolving is quite prevalent on Folarin II, in fact, we think it might have been Wale’s guiding light. On the album he shared, “You’re going to constantly become a bigger critic of yourself and I think that whole idea manifests itself on this project.”

On a list filled with all of the things Wale is good at, rolling out singles that stick is one. In this space, that’s not a small feat. 

Poke It Out” featuring J. Cole, “Angles” with Chris Brown, and “Down South” which features Maxo Kream and Yella Beezy were the palette cleansers that arrived before midnight on Friday. Each of these tracks prepared fans for the truth-telling journey that is Folarin II (out today)

His 2012 mixtape Folarin is the precursor to Folarin II, on the latest installment, Wale is back in rare form, he’s lyrical and honest. He addresses woes and tribulations, but he also touches on love and the demons that often visit him. It’s evident on this full-length that he’s still learning lessons on a daily basis about how to handle fame and money. There are jaded moments on this release, but there are also tracks that speak to him being grateful for his growth as an artist. 

We just constantly evolve and if you really care about your craft, it’s going to constantly evolve,” he shared in a new Apple Music interview. “You’re going to constantly become a bigger critic of yourself and I think that whole idea manifests itself on this project.”

The notion of evolving is quite prevalent on Folarin II, in fact, we think it might have been Wale’s guiding light. On why he was ready to drop this album he shared, “The hunger is there, you know what I’m saying. I mean, and I never wasn’t hungry, but I’m just saying it’s just hitting a little different now.” 

Wale’s Folarin II is his way of giving himself his own flowers. The road to riches is often difficult, this album proves that through pain and unsavory experiences, he has come out triumphant and is still able to create music that resonates. 

Stream Folarin II below.



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6ix9ine’s Former Manager Shotti Needs Financial Support!!!

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Rapper Tekashi former crew member Kifano”Shotti Tr3way”Jordan needs financial help. The alleged head of “The Nine Trey Gangsta Bloods.” He is serving considerable time in prison. Jordan was indicted on Racketeering charges, and Jordan was sentenced to 62 months behind bars. Jordan has spent a fortune on attorney’s fees. As a result, Jordan has depleted his funds. Therefore, he is asking for help to present his appeal.

Jordan Wants Free Representation

In his quest for his freedom, Kifano”Shotti” Jordan is unable to file an appeal unless he gets a new attorney. According to court documents, Jordan has only $1200 to his name. And, Jordan can no longer afford attorney fees, as reported by Black Sports. Jordan cited the Criminal Justice Act (CJA) in the appeal documents filed in the U.S. Appeals motion on October 20, 2021. Some of what Jordan mentioned in the petition was,

“The petitioner’s case is complex and beyond any understanding, he has of the law and its procedures,” the document read. “The petitioner desperately needs the help of legal counsel to properly prepare the issues and supporting facts and laws to support each issue that will be presented before this honorable court.”

It all comes down to whether Jordan can get the help he needs. As we all know, attorney fees can add up. In Jordan’s case, he is out of money.  Let’s revisit the case for a moment; Jordan aka Shotti and five other defendants from Tekashi’s crew were indicted on Racketeering. And, even though Tekashi was involved in the alleged crimes, he got off easy, in my opinion.

But some think Tekashi was planted as an informant all along. In other words, the Feds allegedly used Tekashi to bring the gang to an end. Or at least, that is what we have come to believe. With that said, Jordan and the other men are currently spending significant time behind bars. But Tekashi is free to move on with his life. At any rate, Jordan needs a free attorney to move on with his appeal. Have you heard the old saying, “Crime Does Not Pay”, so there you have it?

shotti

Check out the video above for more details.

For more Hip Hop Entertainment, check out Hip Hop News Uncensored. It’s the best Hip Hop YouTube channel.

 



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