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Rap crooner Tory Lanez is putting fans up on game. The hip-hop star has explained the importance of making sure he’s there for his son both with fatherly and financial support.
Tory x Son
Last night, Tory Lanez went online to kick facts about how much his son makes off his music. Tory also credited his grind as an independent musician as the biggest payoff he can give him.
“My child is going to be sitting on a throne like this one day … For Every record I make he gets 5% -10% now that I’m independent … THE ROYALTIES WILL LAST LONGER THAN HIS LIFE TIME. … that being said IM GOING TO FLOOD YALL WITH MUSIC AND VIDEOS !.. my purpose is now bigger than me … I don’t know how long i will be on this earth, Tomorrow is not promised .. so i gotta give y’all everything while I’m here . And I gotta CREATE the residual income needed in order for my CHILD and his children’s children to never need to work a job . 🙌🏾✊🏾👏🏽” -Tory Lanez’s Instagram
Lanez recently went online to explain how record label deals work. He clarified a company makes much more money than the artist themself.
“The way things work now and days , they are designing contracts to keep artist in debt . How are your kids kids suppose to eat from the fruits of your labor if the label makes 5 times the money you making… But you as the artist are bringing in all the money . 🧐🧐 ima fix this … Luckily for me I’ve exceeded a 5 album deal and I’m fully independent … but going through this I know that at least 80 percent of the industry is in some sort of deal where they are not being fully compensated for they work .. and no diss either that’s just how it works . … Ima go on live Later this week and put the seminar up and I’ll explain to y’all the REAL … because as much as I can keep the secrets for myself … but I’d rather my peers and UPCOMING ARTIST not get F*CKED in these contracts anymore … I’ll keep u posted on the date .” -Tory Lanez’s Twitter
Wait, There’s More
A few days ago, veteran musicians Kelis, Erykah Badu and rap artist Azealia Banks singled out the industry. The trio explained the importance of record labels making things right notably with black musicians.
“If the music industry wants to support black lives, labels and platforms can start with amending contracts, distributing royalties, diversifying boardrooms, and retroactively paying back all the black artists, and their families, they have built their empires on.” -Kelis’ Instagram
Before You Go
Earlier this year, rap star Meek Mill exposed shady record label deals. The Maybach Music Group artist said some companies have black kids on ‘slave’ contracts.
“Wassup with all these DIFFERENT RACE men got all these young black kids in slave contracts in the music business? Come get wit us you need help fixing ya situation #DC X #ROCNATION it’s literally stealing now we found something we can get rich off!” -Meek Mill’s Twitter