Kanye owns 100% of Yeezy. Adidas produces & distributes them. He gets royalties of 15% of the sales and it& #39;s closer to 10-11% after expenses.
Basically, Kanye makes 10c for every $1 in Yeezy sales.
AKA didn& #39;t even have a contract secured. He stood absolutely no chance.
Basically, Kanye makes 10c for every $1 in Yeezy sales.
AKA didn& #39;t even have a contract secured. He stood absolutely no chance.
Being a great artist doesn& #39;t mean you have the business element on lock.
Meg the Stallion received a $10k signing bonus and the label negotiated 60% of all royalties ++ exclusive rights to her music!!
If she decided to feature in a track, her label took a 30% commission.
Meg the Stallion received a $10k signing bonus and the label negotiated 60% of all royalties ++ exclusive rights to her music!!
If she decided to feature in a track, her label took a 30% commission.