Drake hype soundcloud1/6/2023 ![]() Acts like Juice WRLD, Lil Xan, SahBabii, and Shoreline Mafia have all reportedly received deals over one million dollars, some getting as high as two or three million. It seems that labels have found an easy cash grab in signing so-called “SoundCloud” rappers who rise to prominence after a few popping singles and a video. Lil Pump was famously able to renegotiate his deal with Warner Bros. ![]() Recently, there have been a few notable bidding wars for hip-hop’s newest stars. Big streaming numbers on services like Spotify and Apple Music have finally started to pay off, and in 2018, streaming became the industry’s largest revenue source. As a result, for the first time in about 20 years, record labels have a lot of money to invest in signing and promoting new artists, and they are certainly spending it. This exciting time for hip-hop as a culture and as a genre has coincided with a sea-change for the music industry.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |