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Brooklyn, NY – To a budding young artist, signing a huge contract with a major record label is the ticket to success. Champagne riches and caviar dreams are just around the corner once they put their John Hancock on the dotted line. That may be true to a very miniscule percentage of the music industry however, in general, there are all too real horror stories that cannot be ignored.
The storyline of the recently released hit movie Straight Outta Compton depicting the lives of then young artists, now icons in the hip hop genre, Ice Cube and Dr. Dre, is one such example. After the formation of Ruthless Records (the record label that managed N.W.A.) by Eazy-E and N.W.A manager Jerry Heller, members of the iconic rap group immediately began voicing their displeasure with the management of their finances. Despite their unhappiness, all members went on to sign solo slave contracts with the record company – except Ice Cube, who’s departure from the group was the first nail in its coffin. Dr. Dre left soon after and went on to found Death Row Records – a rival to Ruthless Records – with Suge Knight. The way the group unraveled was not pretty. And the power and control the record labels had over them, was, well, the film is worth checking out to find out.
Another case was of once R&B diva Toni Braxton. After two successful albums, 20 million records sold, and a handful of awards, Toni Braxton filed for bankruptcy and shocked all of her fans. Following the announcement, the media (and especially Oprah) were quick to blame her spending habits, but Toni set everyone straight when she revealed that her financial woes were really the result of a bad contract she signed with LaFace Records that took too much of her money and bankrupted her with overbearing expenses.
This is the sad reality of the industry which no aspiring artist has to endure. Fortunately now there is The MusicMakers Workshop! The MusicMakers Workshop is a professional development series for musicians. This series will be offered at ShapeShifter Lab in Brooklyn, NY — September 22nd & 23rd.
We go to school to learn about our specific professions — but are never taught the business or given the tools to successfully leverage our skills in the real-world. The MusicMakers Workshop addresses this need. We’ve designed a program to help artists to tell their story, to define their brand, and to expand their revenue – all while maintaining a healthy work/life balance.
Visit our website at https://www.eventbrite.com/e/musicmakers-brooklyn-tickets-44605707873
Set your career on the right path. Empower yourself with the right tools to make it not just big in the music industry, that will follow, but know you are equipped with the know how to deal with any career centric situation. Avoid the stereotype of being a musical downfall statistic, start dancing to a different tune! Contact us now!
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