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Photo credit: complex
The registration contracts can be confusing. Fortunately, Vince Staples, who is signed at Def Jam, is here to explain the music industry.
In an interview recently published by ComplexCon, which took place last November at the Long Beach Convention Center, Staples highlights the difference between a mixtape and an EP, from an album, intended for record labels. # 39; recording.
"They will pay for your mixtape, no, but they will not monetize it, but your budget depends on it," Vince said. "Let's say you have four albums on your engagement.They'll be like, drop a mixtape, get hot.Let an EP, get hot.Do it, be hot.It's all the money that returns to your budget, but this donation Do not count in your commitment, because once your commitment is in place, you are good.Thus, by and large, you increase your budget by staying in the red until you 39 they see something that they can monetize, get maximum profit, but you still have money.now they take money out of everything because they put everything in it on streaming services. "
While reporters discuss what is an album or not, Vince Staples has broken it down according to the evolution of record contracts. Apparently, it is not about the duration of the project, but whether the project will count or not in the signing commitment with the label. Of course, this makes sense because it allows artists to stay in their contract as long as possible.
At the time of creation, Miley still had an album at the label, despite the abandonment of a project. That's why Kevin Gates was not allowed to drop another album after Islahdespite its mbadive success.
DJBooth contacted four Def Jam record directors for comments. We will update this article if and when additional information becomes available
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