Since you were a kid you always had dreams about one day being on stage in front of thousands of people and giving the performance of a lifetime. As you finish your last song the crowd goes crazy, standing ovation, fans running to the stage, albums sales thru the roof, talk shows, movies, commercials, clothing line, book deals, and tons and tons of paper in the bank… WAKE THE HELL UP! Those days are long gone. The structure of the label deals available to new artists now are not in the benefit of the artist. Most label are now in the total 360 mode, meaning half of everything! And I mean everything… recording, merchandising, touring, and income from acting, books, video games, and anything else they can think of. So what about the $100,000 you could have made 10 years ago? Forget it! You are now a slave to the big engine and will probably never see a dime. My advice to you is this… if you’re already broke, stay broke on your own before you give up everything to help a label eat while they give you scraps.
Read more about 360 Deals below: