by Farah Fan
Who said rap artists make mad loot? Completely wrong! For the reason that fans expect their most favorite artists to be crazy compensated and living large, this puts an incredible amount of pressure on the artists to look rich. And it is not just the fans; the business slobs have expected the performers to pick up the dinner check. There were times people cop a mindset if the artist does not pay for everything. This is small minded and badly informed because the artist is definitely the last to get paid. Everyone gets their cut first: the label, the manager, the attorney, the accountants, and, of course, the IRS.
Sadly, when an artist gets signed to a label deal, particularly a rap artist, he or she receives somewhere between 8% to 13% of the retail sales price, after the record label recoups the money it puts out (the advance, the sample clearances, the producer advances, usually half the cost of any videos, any cash outlays for the performers, etc.). The artist has to sell units to make any money back.
So it is not totally impossible. Performance royalties are cash that is paid for the performance of your track. The money is paid primarily based on the percentage of ownership of the song. So if you own 100% of the song, you get the complete check. If you own merely the music, which is half the song, then you get half the cash. If you own the music with a sample in it that claims half the track, then you get a check for 25%. Performance Rights organizations consist of ASCAP, BMI, and SESAC (which is still quite small). They police the radio stations, night clubs, concert events, etc (any place music is played or broadcast), all of whom pay a charge to play the songs which the performance rights organizations collect and split amongst their members in line with the amount of times a record is played. Although the formulas change annually based on play, a Top 10 song played on commercial radio can earn a great amount of change in the hundreds of thousands of dollars range.
So these are it, the real deal about how much cash a performer can make. You can subtract out now another 28% to 50% of all earnings, including show money, (depending on the artist's tax bracket which is determined by just how much income was made within any given calendar year) for the IRS who receive money quarterly (hopefully) by the artist's accountant. If the average artist produces a record every couple of years, then this salary must last two times as long.
Once rap artists launch a record, the pressure is on to portray a successful image to fans, friends, families, and people around the way. Individuals expect the performers to be well dressed, drive an expensive car, etc. Consider it. Don't you expect artists "to look like artists?" Would you admire Jay-Z as much if he drove a busted old 1990 Grand Am instead of that beautiful, brand new, top of the line Bentley?
Hip hop music was first uncovered during the 70's. To become one of the popular <a href="http://www.crixgreen.com/">hip hop artists</a> one should perform well, develop the right point of view, and most importantly know how to dance. Becoming a one of the greates <a href="http://www.crixgreen.com/">rap artists</a> will not be an easy career. It definitely requires a great deal of work, motivation, and determination.
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New Unique Article!
Title: Bein' One of the Greatest Rap Artists Ain't Everythin'
Author: Farah Fan
Email: phillipguye@hotmail.com
Keywords: entertainment,music,movies,arts,business,internet,multimedia,press releases,hobbies,celebrities,society,recreation
Word Count: 507
Category: Hobbies
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