News

N.O.R.E Breaks Down How The Industry Robs Artists

By HHL JT
pixel_start

Meek Mill is the latest rapper to expose the industry's shadiness, claiming his label has never paid him.

Rapper turned podcaster NORE recently spoke on the predatory nature of labels during a stop on the I Am Athlete podcast.

 
 
View this post on Instagram
 
 

A post shared by 2Cool2Blog (@2cool2bl0g)

“When you sign to a major label, that money that they give you, let’s say they give you 800 grand, alright? That’s a loan,” N.O.R.E. explained. “You have to pay back that loan with interest. So, if you don’t make back that 800 grand what they do is, they put you in the red.

You can still be hot and you didn’t make back that 800 grand. So, they’ll give you another album, and instead of $800,000, they’ll give you 1.2 this time.

But you still in the hole for that 800 you understand? But you got another 1.2  and if you don’t make that, then you’re just in the red for both. And this is a loan with interest that you don’t get nothing out of.

Hip Hop is not meant for the artist to win. It’s never been meant for the artist to win and the more and more you learn, the more and more you read your contracts, the more and more it’s disturbing.”

NORE went on to say that labels like Quality Control are winning because they give their artists better terms.

pixel_end
Posted In: News N.O.R.E. Meek Mill

Discuss

News Two Major Figures Unfollow Drake Amid Beef With Future and Kendrick Lamar Two Major Figures Unfollow Drake Amid Beef With Future and Kendrick Lamar / News News YNW Mellly Wonders Why Kendrick Lamar Is Dissing him YNW Mellly Wonders Why Kendrick Lamar Is Dissing him / News News Joyner Lucas Explains All He Has To Go Through To Get Eminem On The Phone Joyner Lucas Explains All He Has To Go Through To Get Eminem On The Phone / News News Drake Warns Adin Ross About Sexyy Red Drake Warns Adin Ross About Sexyy Red / News News Wack 100 Speaks On Diddy Meek Mill 'Tapes' Wack 100 Speaks On Diddy Meek Mill 'Tapes' / News News 50 Cent's Baby Mama And Yung Miami accused Of Working As Prostitutes For Diddy 50 Cent's Baby Mama And Yung Miami accused Of Working As Prostitutes For Diddy / News