February 2nd 2024.
In the world of music, there is always a lot of talk about the music industry and its flaws. One of the main issues that arises is the dispute between artists and their record labels. Artists often feel that they are not getting their fair share of the profits, as their talent brings in the majority of the revenue for the labels. However, there is another side to this argument that is often overlooked. Many producers feel that they are not receiving their fair share of the profits either. This was a topic recently discussed by music producer Hit-Boy in a podcast interview on BACKONFIGG.
Hit-Boy shared his concerns about how artists are making millions of dollars off of the music he produces, while he is not receiving the same amount of compensation, despite his contribution to their hits. He expressed his frustration with having to wait for the labels to distribute their payments, while the artists are out performing and making money from the songs they created together.
In his own words, Hit-Boy stated, "Producers are being taken advantage of. I know successful producers who are still waiting to be paid for albums that dropped months ago. Meanwhile, the artists are out there touring and making millions of dollars, while we're here struggling to make ends meet. It's just not fair."
Hit-Boy also shared his plans to ensure that his own venture is successful, so he no longer has to deal with these kinds of issues with artists. He expressed his desire for empowerment and wanting to have more control over his own career. "That's why I'm going all in with my own label, Big Hit. I just don't want to deal with this kind of unfairness anymore," he said.
As a highly acclaimed music producer, Hit-Boy has been nominated for a Grammy Award and hopes to win again this year. He shared that this would be a special moment for him, as his father, who was incarcerated for nine years and recently got out, will be attending the ceremony with him. "Every time I've won a Grammy, he's been locked up. It would mean a lot to me to win this year and have him there with me. I'm speaking it into existence," Hit-Boy shared.
Hit-Boy is nominated for Producer of the Year, Non-Classical, and he is determined to continue making music and achieving success on his own terms. In related news, Universal Music Group has requested that streaming services block access to companies that use artificial intelligence to create music. This is a controversial topic that has sparked debate in the music industry, and Hit-Boy's concerns about producers not being fairly compensated only add to the ongoing discussions about the music business.
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