Ray Daniels
๐ค SpeakerAppearances Over Time
Podcast Appearances
and i shout steve bartles like everyone that's involved lucian whatever they're not music like la you're you're talking a foreign language right now yes wait so i hear you but nah jello with sinks made that back in two fucking months you probably did but like but but here's the thing what happens when somebody else comes in the room what a def jam deal what happens when the next person comes in the room with a viral record what do you think he's gonna tell def jam
And first of all, I don't think he got $8 million or $13 million liquid.
I think he made a little bit of change.
But what they put against the loan that they had, yes.
But the way streaming pays out, if he helped their market share jump a few points...
Spotify made $300 motherfucking million, and they got to pay you $150 million, and it's based on market share?
So that means if it's $100 million, you get $800,000, Def Jam?
The investment was worth it.
So I'm like, that's what he did it for.
But I wouldn't have let that number get out.
You gave Jello eight million, I won nine.
I mean, to me, that's marketing.
I think, respectfully, anyone that does announce those numbers and shit is stupid just because of the IRS.
To me, that's marketing with, all right, you guys, in the bidding war that was for Jello, you started the bidding war when you already had a deal with him for marketing purposes.
You're putting that number out to make Jello seem bigger than he really is.