Thee Phantom Member since Jul 18th 2005 2775 posts
Wed Mar-04-20 10:33 PM
64. "RE: not presented, but I have seen a couple." In response to In response to 63
40% isn't shitty by any means to an artist with little to no bargaining power. It's actually a pretty good deal. They gambled on her marketability and the fact that Cardi was a smash.
They dumped money into her and built her from scratch and she ascended pretty quickly.
For perspective Master P had an 80/20 deal with Universal. TI had a 60/40 deal. She got 40% and ownership of her Master's when most new artists get 25% or less.
The idea that this is a shitty deal is preposterous. The tour money is even touching her hands first and she has to then break the label off. She hasn't paid them a percentage in months. Most new artists get paid after the label touches the tour money.