And I should let you know right off the bat that I said “no.”
Simply put, my catalog is worth more per year than they are offering (like, way more).
They didn’t just want my existing catalog.
They also wanted 50% of anything I add to it within the next 2 years.
AND 50% of anything I produce with my likeness within the next 2 years.
The crazy part is this includes things like beat leases/exclusives, kit sales, and my memberships.
I said “no” because I have a strong, stable brand.
I don’t need to say "yes" to a deal for immediate upfront payments, because my catalog and brand will pay dividends everyday for the rest of my life (unless I sign it away, which is essentially what they're asking me to do).
I did this by putting in work daily over years;
- Dropping beats (type beats, DSP releases).
- Building brand presence on social media (e.g. YouTube channels).
- Connecting with serious artists (taking the time to filter out the quality acts).
- Manually securing my royalties and publishing (ASCAP, MLC, etc.).
🔐 This work was tedious in the day-to-day, but now it pays EVERYDAY.
And it definitely pays more than $25k/year 😭.
So, I appreciate the label's offer - but, no thanks.
If you wanna learn how I built a brand and catalog that allowed me to confidently say no to this offer, check out my “1000 USD per Month is Achievable for Any internet producer who tries” Full Bundle.
Blessings,
Chu - 140k Total YT Subs, RiSA Multi-Platinum Record Producer (Produced for Yanga Chief, Boity, RikyRick, Khantrast, DizzyEight, Errol Allen, Cam Meekins, Matt Corman, Dee Koala, Bhut Legend, ElgrandeToto, Westside Boogie, Bernard Jabs, Ariaa, MTV, CBS, BET, BET Africa).
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