Master P joins the throngs of seasoned Hip Hop veterans who are advocating artists to go the Independent route.
Master P told listeners during an interview with Power 105’s “The Breakfast Club” it is best to take advantage of the “technology” that’s available.
“Why you gon sign a deal with a major record company that’s gon control all yo rights? You probably gon sign a 7-year deal. Maybe even a lifetime deal, P explained. “And every product that you put out, they gon get money for it. Every show that you do, they gon get money for it. You might as well get a regular job.”
The No Limits Records pioneer said 360 deals are not for everybody.
A 360 deal represent a business deal between an artist and their record label. Artists are required to give their labels a percentage of their incomes they earn through album sales and concert performances.
Master P said an artist with a hit single could make more money online by submitting it to iTunes.
Listen to Master P’s Power 105 “The Breakfast Club” interview at 15:00
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