News

Frank Ocean Is Making A Ton Of Money By Going Independent

By HHL Editors
pixel_start

There is a reason Frank Ocean released the visual album Endless right before dropping the traditional album Blonde.

Endless fulfilled his contract with Def Jam, making Blonde an independent release.

According to Forbes, Ocean has already made $1 million on Blonde.  And that's after subtracting the $500,000 Ocean had to pay back to Def Jam for the production costs of the album.

Forbes estimates that Ocean would have only made $550,000 so far if he had stayed on Def Jam -- and would have probably had to pay some of that money back to the label for his advance and production costs.

But Ocean's independent strategy won't work for everybody. The R&B star had a side-deal with Apple, which gave iTunes and Apple Music an early exclusive on Blonde.

It also put the marketing power of the tech giant behind Ocean.

Still, as Forbes mentioned, other musicians like Tech9 have fattened their wallets by being independent.

We'll see if Ocean is the first falling domino in an exodus from the label system.

pixel_end
Posted In: News

Discuss

News Drake Disses Kendrick Lamar Again, With Help From 2Pac And Snoop Dogg On 'Taylor Made Freestyle' Drake Disses Kendrick Lamar Again, With Help From 2Pac And Snoop Dogg On 'Taylor Made Freestyle' / News News ScHoolboy Q Speaks on Top Dawg And Kendrick Lamar and SZA's Lack Of Albums ScHoolboy Q Speaks on Top Dawg And Kendrick Lamar and SZA's Lack Of Albums / News News Check Out The Early Sales Numbers On The Future Metro Boomin Tour Check Out The Early Sales Numbers On The Future Metro Boomin Tour / News News Devin Booker Bricks His Shot With South Korean Actress Jung Ho-yeon Devin Booker Bricks His Shot With South Korean Actress Jung Ho-yeon / News News Drake 'Push Ups' Is Doing Well On The charts Drake 'Push Ups' Is Doing Well On The charts / News News Drake Removes The Kendrick Lamar 'Taylor Made' Diss After Hearing From 2Pac's Estate Drake Removes The Kendrick Lamar 'Taylor Made' Diss After Hearing From 2Pac's Estate / News