Why Major Record Labels Hate Russ

Instagram: Russ is a recording artist from Atlanta who has figured out the music industry. Once an artist struggling to make ends meet, he is now one of the highest paid hip hop artists in the world. All because he bet on himself and stayed independent, focusing on complete ownership. The music business is all about leverage. In my videos on why your favorite musicians are broke, I detail the contracts that new artists sign that leave them earning significantly less money than they were led to believe. Major record labels succeed by signing artists with little leverage into deals that allow the label to earn multiples on their initial investment if the artist blows up. I may have talked about why your favorite artists are broke. Well, Russ doesn’t fit that description at all. Major record labels hate Russ because he’s been providing the blueprint to stay independent and make millions for a few years now. Sadly, many people are turned off b