Prince Explains Mariah Carey's $100M Record Deal #Prince #Music #artists #independent #mariahcarey

Prince is speaking facts

This is exactly why I stand for independence and ownership

Imagine how much record labels make from their artists

Just for the artists to have to ask the label for money

When the artist creates the music

Not the record label

Thoughts?

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[lilbrah]

can someone break this down for me I'm not getting it 😮‍💨

[markeesebutler]

Prince and Michael Jackson was speaking on it for years…
RIP those greats

[lb]

Unbelievably intelligent, insanely talented and fierce. He was not afraid to call out the industry for the crooks they are. They tried to destroy him but he prevailed and blew them all away. RIP Prince!

[BrianSmith-vkym]

He didn't bite his tongue .. he left the label changed his name dropped his album on the internet and still went platinum

[TechSecGuru]

Prince appeared on Jay Leno's show in 1999 and spoke about Mariah Carey's record deal with Virgin Records. He said that if Mariah's contract gave her only $20 million for selling 3 million albums per album, she was getting a bad deal as the major record label she signed with kept $70 million for themselves. He also mentioned that he himself was no longer signed to a label per se, but he released his records through himself. If his record sells a million copies, he gets $10 million. If his records sell 2 million, he gets $20 million.

Prince was talking about the unfairness of the music industry and how artists are often taken advantage of by major record labels. He believed that artists should have more control over their music and be able to release it on their own terms. Prince himself was known for his independent approach to music and was one of the first artists to release his music online.

[illahyates]

Prince is not coming at Mariah btw.. he is sticking up for her by going at the labels

[LoveJoyPeace]

Prince was insanely intelligent and unbelievably talented. RIP Prince.

[SurfSailKayak]

That's why Prince is considered true Royalty.

[themightEmudE]

On his Musicology Tour when you purchased a ticket, it came with the album. You paid for the album because it was included with the price you paid for the ticket. There wasnt a "no album" option because majority of people didnt know until they were handed a cd at the show. Brilliant move because this way it went to the top of the charts because most people just wanted the 20+ yr old classics and could take or leave anything they didnt know. It was also his first major tour when he finally owned his name and work. Sold out everywhere and the album if not #1, was easily in the top 5 on the charts making more people wanting to buy it. Bowie and Prince performed until the day they died...both passed away the same year.

[rahmancooper]

Record companies give you pennies on the dollar. Prince wrote 99% of his music and 99% of the beats and melodies. Recorded it in his own studio. Artists like him deserved more than half.

[happinesspeace]

And that's why he did his own thing and "they" didn't like it

[chickennuggetking]

Prince had the balls to speak about this on air.

[marcusmiller]

That man was a freaking genius! He was just explaining HIS own independent deals.

[averyj]

He was ahead of the game. He knew his worth. That's why he fought for his songs.

[warriorwhoembracesra.]

REST IN POWER TO PRINCE HE ALWAYS KEPT IT 1000

[WickedAng]

You are missed immensely - Rest in Peace

[averagebeastt]

He was one of the rare ones the flipped the script 💯 RIP 🙏🏾

[nazairbey]

Prince was on point and about his business way before his time. Knowledge is key.

[carmenhaines]

I sure miss him. He was an intelligent, fun, and extremely talented man who made beautiful music. I loved his clothing.

[chrisv.noire.]

Prince is the only dude that could show up at a spot wearing a blouse, make up and high heels and still leave with your woman. This dude was special.