Ray Daniels

in that regard now it's like oh never mind maybe i gotta pay attention to this guy i'll give you some information i don't even know i'm supposed to say this but fuck it when we signed an elite chopper his we gave him eight million that was the biggest deal in warner records history in the atlantic note for new artists uh and the way the deal was set up we got we didn't get his masters because he had a partnership with united masters so we had the income yeah

Nigga, I think nine months in, we got a $3.7 million check from United Masters.

Now, think about how big Choppa was compared to how big one song from Jello is.

It's like, I don't think people understand the numbers.

And by the way, United Masters might pay differently compared to the major labels how to get streaming.

But I know we were cooped.

I ain't going to lie.

When we came to eight million, I was like, man, we fucked.

I was like, I guess we ain't going to never get that back.

I mean, NLE Chopper's not my type of shit, but I would guess he's somewhere in the 20 million as far as value of which he would bring to a label.

He probably makes Warner about 15 to 25 million a year whether he puts out an album or not.

Yeah, just with the back catalog that he has already.

That's what made me never take a job again.

That's why I can't do what I did again.

I can't, like, I ain't been at that company in four years and I'm still making tens of millions of dollars and I don't get no royalties, no nothing.

I'll never help somebody get rich again and not have something on the back end for me.

So, all right, here's my thing.

Gotta change the business model.

This might be a quick nerd segment.

Let's go, let's go.