@PrimeX1Token@emhyrkelmendi@BrianZisook Greed 🤷🏽♀️. He had enough money to make his future albums out his own pocket but ppl always want more to play with, and would rather use other ppl’s money when given the chance. It’s not smart. Use what you have and stay small. You have more control to manoeuvre if necessary.
@birdie_raven7 Note: it’s his pre-2018 masters that revert to him in 2044-2053. As to his post-2018 masters, he retains that ownership but for $400m gave UMG exclusive licensing, meaning he’s sharing revenue with them for those works for the next 15-20 years.
@242_bas@jasjahne Insiders aren’t saying shit, it’s rumour mill antics that uninformed ppl have jumped on. It’s how fake news travels these days. The fact is Drake’s in a long term revenue sharing partnership deal that spans beyond the album delivery aspect.
@242_bas@jasjahne For signed artists, the record label owns the music. For independent artists (like Drake) who enter a partnership deal (not a record label deal), UMG give money, the artist retains ownership but gives UMG exclusive licensing for x period in exchange 4 the money. It’s not hard 🙄
@emhyrkelmendi@BrianZisook That’s just the industry though. Everyone’s in the same boat when it comes to their 1st contract deal. The issue is Drake decided to then give UMG exclusive license of his post2018 work too for $400m & now he’s mad at them he’s stuck. Whole catalogue is currently in their name🤦🏽♀️
@BrianZisook That still means he’s not getting the benefits of his pre-2018 work until 2044 at the earliest . He’ll be 57 and as to the oldest works of his pre-2018 catalogue “Scorpion”, he won’t be getting that till he’s 66, that is in 2053 🤷🏽♀️
@IMNOTASTAN Drake lost the battle, there was no sabotage. He’s just mad UMG didn’t rig it for him by pulling NLU. Never mind the fact it would have been illegal for UMG to do that, and rescuing Drake in that way would’ve also exposed a conflict of interest in their business operations 🙄
@242_bas@jasjahne What is this supposed to prove 😂. Drake is in a $400m partnership deal. You can’t make the albums and go. UMG have exclusive licensing of the music made under $400m deal. Like it or not Drake is stuck revenue sharing with UMG for the foreseeable future 😂😂😂
@242_bas@jasjahne No reversion, Drake owns his post-2018 masters. His $400m deal with UMG gives them exclusive licensing of the music not ownership. Drake can’t make the albums & go, he’s stuck revenue sharing with UMG on his post-2018 works until licensing terms ends in many many years 😂😂😂
@chrxsafc And yet have them tell it this was the man dominating the game for the last 15 years. Something’s not adding up. This was in 2019. Drake’s popularity has clearly always been overinflated bot work 🤷🏽♀️
@BeezNBankrolls@CJoeBlack@DogNinjaHHT That only applies to post-2018 catalogue. I went over this with a another one of you crazy Drake stans and it went nowhere other than their discovery that I was right 🙄
@CJoeBlack@DogNinjaHHT UMG own pre-2018. Everything Drake has made as an independent artist since leaving cash money i.e. 2018-present is owned by him and he chose to license that catalogue out to UMG as part of his industry breaking 400milll revenue sharing partnership deal.