What Does Owning Masters Mean?

Why is owning your masters important?

“By owning your master recordings, you keep creative control and you’re free to release your music however you want via whichever channels you choose,” says Paul Hitchman, President of AWAL.

And, he points out, if an artist does ever choose to sign to a label, owning your master recordings is like having an upper hand..

How much is Taylor Swift’s masters worth?

US entertainment magazine Variety first reported on Monday that Braun had sold the recordings – known as masters – to an investment fund. It said the deal is thought to be worth more than $300m (£227m). Writing on Twitter, Swift said it was “the second time my music had been sold without my knowledge”.

Does Russ own his masters?

Russ proves that owning your own masters is not only ideal, but feasible. Russ has been relatively quiet of late, but rest assured, the bags are continuing to stack. The Forbes list champion has long been an advocate for musical ownership, having consistently preached the DIY, grassroots approach.

How much royalties does Mariah Carey make every Christmas?

Since its release in 1994, the Christmas hit has earned the US singer over $60 million according to The Economist — and that’s not all. In the UK alone, the song earns her over $500,000 in royalties every year, according to The Independent.

Does Jay Z own his masters?

Earlier this week (September 15), West began sharing scans of his record label contracts. Some of the pages he shared suggest that, while the star owns some of his masters, the rights for his first six albums were previously held by Jay-Z. … “Jay still doesn’t get his own masters back for ten years.

Does Mariah Carey own her masters?

Mariah Carey owns none of her master recordings except the Glitter masters. She has signed record deals with Columbia and Virgin Records in the past, but over the years she has formed her own record labels, including MonarC Entertainment and Butterfly MC Records.

Why do artists not own their masters?

The traditional music industry often structures deals so that the label, not the artist, owns the masters of all songs created during that record deal. … Artists are beginning to push harder for more control over their own work, rather than leaving their intellectual property completely in the hands of labels.

How much is Mariah Carey’s catalog worth?

With solid record sales, successful tours, a perfume empire and multiple branding endorsements, Carey’s net worth is estimated to be between $300 million and $520 million.

What artist own their masters?

Stevie Wonder gained control over all of his proceeding masters after a deal he signed with Motown records in 1971.

Does Taylor Swift own her masters?

Soon after the story broke, Swift posed a statement to Twitter saying she was notified that Braun had sold her masters to Shamrock Capital Content Fund, a private equity firm.

Does Rihanna own her masters?

Congrats to Rihanna who recently acquired the masters to all of her previous recordings.

How much is Mariah Carey worth?

As of 2020, according to StyleCaster, Mariah Carey is worth anywhere between $300 million and $520 million.

Does Beyonce own her masters?

Beyoncé owns her masters. She was not the exclusive owner of her master recordings until 2011, when she gained full control over her career and recordings by firing her former manager. Later on, she decided to start a brand new company that would represent her fully.

Do independent artists own their masters?

100% ownership of your music: Independent artists own the master rights to their music. They also have the freedom to negotiate music licensing and publishing deals. Moreover, they don’t have to worry about confusing contracts, expensive lawyers, and signing over their music rights.

Does 21 Savage own his masters?

21 Savage, who is younger than Brown, says he owns his master recordings from the moment he signed his first record deal. … 21 Savage, 26, signed a lucrative deal with Epic Records back in 2016 which allows him to retain one hundred percent ownership of his masters.