Who has a 360 deal? (2024)

Who has a 360 deal?

Over the past few years 300 Entertainment has grown to become one of the preeminent independent labels offering 360 record deals to big name artists such as Fetty Wap, Young Thug, Migos and more.

Does Jay Z have a 360 deal?

In 2008 Jay Z clinched a unique '360 deal' worth $152 million with Live Nation. 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.

Does Nicki Minaj have a 360 deal?

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, endorsem*nts, touring and publishing.

What is included in a 360 deal?

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 are the pros of a 360 deal?

Today's 360 deal is a bit like an artist development deal from the past, except labels are far more upfront about the fact that they will have a finger in every pie. The upside for the artist is that in a 360 deal, labels will often act as managers, looking after your entire career and helping you develop as an artist.

What's a 369 deal?

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.

What kind of record deal does Cardi B have?

Cardi B is currently signed to Atlantic Records and Warner Music Group. She also signed a publishing deal with Warner Chappell Music Publishing.

Who has the biggest record deal?

And prior to Drake's historic deal, Michael Jackson held the top spot as having the largest deal in music history, with $250 million going to his estate in 2010 from Sony Music. From this rubric, it seems like Drake has the largest deal in music history.

Who owns Drake and Nicki Minaj Masters?

Report: Lil Wayne's UMG Deal Includes Drake and Nicki Minaj's Masters. Lil Wayne is taking Young Money all the way to the bank. Back in June, the rapper reportedly sold his masters to Universal Music Group as part of a deal valued in excess of $100 million.

Does Nicki own her masters?

While the 38-year-old rapper is still a part of Young Money Entertainment, sometime last year, she stated that she owns her masters directly.

What are some disadvantages of signing a 360 deal?

Cons of 360° deals

Opponents of 360° deals claim they are a thinly veiled money grab by the record companies. They argue the labels have failed to adapt to the changing nature of the music industry and are now expecting artists to bear the costs of the record industry's failings.

Can you get out of a 360 deal?

Surviving a bad 360 deal is nearly impossible. As always, before signing any contract but especially a 360 contract, consult with an experienced entertainment lawyer.

What do artist managers pay for?

Managers handle all of a musician's day-to-day affairs, including booking hotels, procuring transportation to and from live performances and appearances, booking recording sessions and all the other personal matters that an artist doesn't have time to handle on their own.

Can you buy yourself out of a record deal?

Is Record Label Contract Termination Possible? There is no easy way to get out of a label contract. The point of a contract is to make obligations rigid and binding. But there are ways of getting out of contracts that are legal and agreeable to both parties.

Why do labels push for 360 deals?

Record labels counter that 360 deals let them sign different kinds of artists because they don't have to be so focused on recouping their investments from album sales. They can stop chasing the instant number-one hit and work with an artist for the long haul.

Can you just walk into a record label?

FAQ. Can I walk into a record label? Sorry, no. Record labels are businesses like any other; you can't just walk in without an appointment.

When was the first 360 deal?

The 360 deal is not new. The first reported one was English recording star Robbie Williams' deal with EMI in 2002. But in the last few years 360 deals have become common place. New artists signing with a major label or their affiliates can expect it as a matter of course.

What is a 180 record deal?

In some instances, people use the term “180 Deal” to mean that the label shares in record sales income and music publishing income. The term “270 Deal” can mean that the label shares. in only record sales income, music publishing income, and merchandising income (but not touring income).

What is a 50/50 record deal?

In a production deal, the artist usually signs a 50/50 deal with a single producer. The producer agrees to produce one or more of an artist's album in entirety but retains 100% ownership of the master recordings.

Does Cardi B make money off music?

Cardi B has been making “money moves” since she first burst onto the hip-hop scene in 2017. Since then, the Bronx-bred rapper has found several other avenues of income besides just music. Still, one song of hers continues to make her a large amount of money to this day.

What is the Migos net worth?

What is the Migos' Net Worth? Migos is an American hip hop group who have a combined net worth of $80 million.

Who is Nicki Minaj's net worth?

Whats the most expensive record deal?

1. Michael Jackson — $250 million (2010) The deal was signed after Jackson's death, but his estate's contract with Sony Music gives the label rights to his indisputable catalogue, including reissues, as well as any posthumous new releases, like 2014's "Xscape," which managed to land at No. 2 on US charts.

What rapper has the best deal?

How much is Drake's masters worth?

A new court filing alleges what has been rumored for a while now, that the Young Money head honcho sold all of his masters, as well as Drake and Nicki Minaj's, for $100 million.

Does Rihanna own her masters?

In a cover story for the April issue of Vogue, Abby Aguirre reports that after she released her last album in 2012, Rihanna left her old label and acquired the masters to all of her previous recordings. This is an incredible business move for star who also founded her own label imprint under her new home RocNation.

Who owns Lil Wayne's Masters?

Then in June 2020, Lil Wayne sold his masters to Universal Music Group for $100 million.

Does Beyonce own her masters?

According to this article published in Complex in 2018, Beyonce's ex-manager was recently gathering 260 million dollars to acquire the rights to her songs. There is no follow-up on the current state of her masters.

Is Nicki Minaj still with Cash Money?

Nicki Minaj is currently signed to Republic Records. She has previously been signed to Young Money Entertainment, Cash Money Records, Universal Motown, and Last King Records.

What is Nicki Minaj masters worth?

"This man Lil Wayne really sold the entire Young Money catalog Drakes Masters Nicki Minaj's Masters...... all for only $100 million, that legit is the biggest ripoff I've ever heard of," another wrote.

What company does Nicki Minaj own?

Nicki Minaj

Do labels get money from tour?

“Record labels make their money on sales, touring, merchandise, anything they could sell that has the bands' or artist's name on it.”

How much money does an artist make from music streaming?

What is this? While the company is yet to provide details about how much they pay per stream, a 2020 Business Insider report found that artists earn as little as $0.0033 per stream. Moreover, the artists don't even get to pocket all of it. Only about 70 percent of the total revenue goes directly to the artist.

How much do record labels pay in advance?

Per IFPI, a record label will typically invest anywhere from $500,000 to $2,000,000 in a newly signed artist. That's a wide spread to be sure, and a large amount of money from the perspective of most. Here's the basic breakdown of how these funds are allocated: Advance: $50,000 to $350,000.

How do you negotiate a good record deal?

Do you have to pay for a record deal?

Generally, a record company does not charge an artist an upfront fee to sign with their record label as a recording artist. If so, it is usually a bad deal! The company is attempting to charge you for recording time and may even attempt to take...

How long does a record deal last?

Some terms last as little as 30 days for rolling distribution. When a company takes on more risk by providing funding, marketing support, physical distribution, or radio promotion, deals tend to last longer, ranging from 24 months on the low end to life of copyright on the high end.

Can an artist have 2 managers?

An artist may need three different managers for specific job roles through their career, viz., Artist / Talent Manager, Tour Manager and Business Manager. A tour manager is in charge of the big chunk of planning before the band even goes out on the road. They make sure that the tour runs smoothly.

What does Drake's manager make?

Do managers pay for studio time?

Business managers usually receive a 5% fee for these services. Again, just as in the deal between the artist and the manager, that fee should be a percentage of the artist's income. It should also exclude income that the artist must spend for production costs, touring and other reasonable expenses.

What kind of record deal does Jay-Z have?

Jay-Z, the rapper who entered the music industry on his own terms with Roc-A-Fella records in the late 1990s, is currently locked into a 360 deal with Live Nation for his touring income. However, from 2008-2018 his 360 deal also accounted for his recordings and publishing, according to Billboard.

Is Jay-Z connected to Live Nation?

NEW YORK — Jay Z has signed a $200 million, 10-year deal with tour promoter Live Nation. The rap icon announced the deal Thursday. It continues his relationship with the world's biggest live-entertainment company, a connection that began in 2008.

Who is the richest rapper in the world?

Eminem's net worth is currently $230 million making him the richest white rapper in the world.

Does Jay-Z still own Def Jam?

Jay-Z (real name: Shawn Carter), will continue to run his record company Roc-a-Fella. IDJ recently bought the remaining 50% stake in the label from Jay-Z and his business partners Damon Dash and Kareem “Biggs” Burke.

How rich is ASAP Rocky?

Is Meek Mill signed to Rick Ross?

Conclusion. Meek Mill is currently signed to Rick Ross's MMG (Maybach Music Group), and Atlantic Records. The 740 Project, Roc Nation, Grand Hustle Records, Warner Records, and 215 Aphillyated Records have all signed him in the past.

How old was Beyoncé when she met Jay-Z?

After more than 20 years together, Beyoncé and Jay-Z are still drunk in love and hooked on each other. The Destiny's Child singer met her future husband when she was 18 years old (roughly in 1999), and a year later, they started dating.

How much money is Jay-Z worth?

How much did Live Nation pay Jay-Z?

Back in 2008, Jay Z stunned the music world by signing a ten-year, $150 million deal with touring giant Live Nation. “I've turned into the Rolling Stones of hip-hop,” the rapper said at the time. Jay Z may have to find an even loftier comparison for himself.

How much of Roc Nation does Live Nation own?