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Think signing a record deal means you made it? Think again.
In this episode, Iām breaking down the cold, hard math behind record contracts and why most new artists never see a dollar from their streams. Labels sell artists the dream of āmaking it big,ā but in reality? Theyāre just signing up for a cycle of debt they canāt escape.
Weāre talking:
š° How a $500K record deal turns into a massive financial trap
š Why 100M streams can still leave an artist in debt
š§¾ How labels write off failed artists and STILL make money
šµš½āāļø The real reason labels keep signing artistsāeven when they lose money
Iām breaking down the actual numbers so you can see exactly how this plays out. If youāre an artist, a fan, or just someone who loves music, you should hear this.
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