How Russ is Dominating the Independent Hip-Hop Space

Russ’s refusal to cave into a major label record deal has supported the paradigm shift of the hip-hop industry over the past decade. Once a given that a successful MC would quickly dart to one of the major labels, it’s now become standard practice for artists to really evaluate their options before signing a deal. Throughout this trend, pressure has been put on record labels to begin treating artists with a more concrete level of sincerity. The ability for labels to micromanage the creative process of artists is beginning to drift away.

However, staying independent is a daunting task for any artist. To this day, the stark reality is that the big-budget marketing behind artists gives them an exponentially greater chance to become global icons. It’s a big reason why Olivia Rodrigo’s debut album Sour immediately rose to the top of worldwide charts. In addition, many of the headaches associated with tour scheduling, marketing, and scheduling go out the window when a record company controls the business aspect of the artists’ careers. However, this means that much of the artists’ streaming revenue will return to the record label.

Russ Encourages Hip-Hop Artists Not To Sign A Deal

ATLANTA, GA – SEPTEMBER 17: Rapper Russ performs onstage at 2017 Music Midtown at Piedmont Park on September 17, 2017 in Atlanta, Georgia. (Photo by Paras Griffin/WireImage)

Amidst this debate, Russ has symbolized an artist whose very much in support of independence. He wrote on Twitter, “Artists: own your music and stop letting these labels take 15% distribution fees for pressing an upload button.” He posted screenshots of his weekly payouts, occasionally eclipsing the $100,000 mark. The Atlanta-based rapper has been using Tunecore since his career began taking off in the early 2010s. Tunecore is an independent music distribution that independent artists can use to collect revenue from their art.

Russ has expanded on this issue throughout his career. Unfortunately, many successful artists continue to live paycheck to paycheck when signed to a label deal. Rather than receiving revenue from streams, artists who sign a deal tend to receive a flat check, while the label receives the streaming revenue. AIM Chief Paul Pacifico stated, “If you’re defining success as organically building a sustainable business, territory by territory, and really adding the personal touch, then an independent label may be a really, really good option. If what you’re looking to do is to hit global scale very, very quickly, then a global apparatus and a huge global marketing spend may be what you need.”

He Briefly Signed With Colombia Records

Russ initially blew up off of his 2017 hip-hop album, There’s Really a Wolf. Tracks such as “Losin Control” and “What They Want” blossomed into nationwide sensations, solidifying Russ as a name to watch. Since then, he’s become known as a DIY pioneer, controlling aspects of the process from producing to publishing his music. His music began garnering some attention all the way back in 2014 when he describes beginning to earn over $1,000 a month on music. “During that little spike, I was kind of like, ‘Oh, you can actually make money off of this.’ Like real money, you know?” The 21-year-old realized that he could rely on himself rather than a label.

However, Russ wasn’t always an independent artist. Back in 2017, he signed a multi-million-dollar record deal with Colombia Records. He explained to host DJ Akademiks, “I made sure that I built up leverage. I was selling out shows. I was doing all of this s**t. So, how much of me did I actually sign to you.” It’s an approach that’s become more commonplace over the past decade, as artists have waited to become successful independent artists before willingly signing over their royalties to labels. However, Russ’s deal with Colombia Records didn’t last very long. After releasing the deluxe version of SHAKE THE SNOW GLOBE, he had satisfied his obligation rights to the label. After three years, he realized that doing it himself was easier than relying on others.

He Founded Diemon Entertainment in 2022

In 2022, Russ would go on to expand his “artist-friendly” label, Diemon Entertainment, along with hip-hop artist Bugus. The two have a relationship that travels back to when Russ was still making beats in his parents’ house as a 20-year-old. In fact, Diemon Entertainment was created all the way back in 2011. Recently, he’s decided to turn Diemon from a creative collective into a fully-fledged record label. In an interview with Variety, Russ stated, “It’s just a super artist-friendly situation, where we’re here to provide resources and mentorship to artists that we believe in.”

Russ’s success as an independent hip-hop artist sets the stage for ownership as an artist. Of course, he’s not the only one to shift the conversation about signing a record deal. Artists such as Frank Ocean, Chance the Rapper, and Macklemore have all proven that success can be achieved without a label. Russ’s individualistic approach made things more challenging in the early stages of his career. However, Russ’s eventual success has made him a symbol of patience and individuality.

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Fat Joe Called The Major Label System A Ponzi Scheme

Fat Joe thinks major labels are a scam. Recently, the rapper made an appearance at The Future of Everything Festival by the Wall Street Journal on May 4th, where he criticized the major label system and described it as a “Ponzi scheme.” Although he was previously signed to Atlantic Records, he is now an independent artist. During the festival, Fat Joe reflected on his past experience in the industry and how it led him down his current path. In fact, he has been independent for quite some time. He left Atlantic in the mid-2000s before the release of his 2006 album, Me, Myself & I.

To begin with, Fat Joe expressed his skepticism towards the major label system, stating “I don’t believe in these people.” He then elaborated, saying “For one, I feel like the major label system is a Ponzi scheme and they do funny math.” This is not a rare opinion of the major label system, as many artists have called them out for their 360 deals and other shady business practices. Fat Joe continued, emphasizing the issue with their accounting methods: “Whenever you try to see something in life, they say numbers don’t lie. If you look at a chart and the numbers are so clear where you could say, ‘The price of this is this, the price of this is this…’” Joe continued, “And then when you look at [their] chart and they say 62.1%, 1.2… it’s funny math.”

Fat Joe Recalls Being Pitted Against T.I.

At the festival, Fat Joe continued to share more stories about his time with major labels. He even brought up how other artists had told him they had the same issues. “I was talking to [Jennifer Lopez] about it and you know, J. Lo is a megastar and she was like, ‘Man, you know these guys, they only give you this. You never recoup, you know,’” Joe said. Even a megastar like Jennifer Lopez can’t seem to escape the shady dealings of major labels.

At one point, a label executive even insulted Fat Joe to his face. The rapper was outsold by T.I., and the label took it as an opportunity to tell Joe that he was nothing in comparison. “[Atlantic’s president] tells me in my face, ‘Man, you’re a failure. You only sold a half-a-million. Look at this guy.’ And it was T.I. ‘He sold two million records. He’s the guy.’ Bro, they changed the six-story poster to T.I. so fast,” Joe said. What do you think of Fat Joe’s opinion of major labels? Sound off in the comments below!

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Brent Faiyaz Partners With UnitedMasters

Recently, Brent Faiyaz has been making all sorts of waves throughout the industry. Since dropping his 2022 album Wasteland, he’s kept quite a low profile. However, a few days ago he announced via his Instagram that he was hitting the road on a world tour. The F*CK THE WORLD IT’S A WASTELAND tour will begin its first leg starting July 16th. While we all know Brent for his nostalgic, dreamy, and toxic sounds, however, he’s also a savvy businessman.

According to HipHopnmore.com, Brent Faiyaz is making headlines with another big announcement. Faiyaz is inking a new partnership with Steve Stout’s UnitedMasters. The two plan to form a creative agency that acts as a hub for the R&B star to do his independent work from now on. Although it wasn’t a part of the press release, Billboard revealed that the deal is estimated around $50 million. This is a major announcement , due to many starting to believe that Brent Faiyaz wasn’t independent as he claims to be.

Brent Faiyaz Forms New Creative Agency

Brent Faiyaz attends “Bungalow Gucci” in celebration of the opening of Gucci Meatpacking District on April 29, 2023 in New York City. (Photo by Taylor Hill/WireImage)

Furthermore, Steve Stout had this to say about the recent partnership with Brent Faiyaz. “Brent Faiyaz is one of the most prolific Independent artists today and we are extremely excited to embark on this new partnership with him,” the music exec began. “It’s been inspiring to watch his journey as an artist over the years and with this partnership we look to further amplify his creative vision and support his entrepreneurial ambitions.” Thanks to the partnership, UnitedMasters staff and resources are all available to Faiyaz. Seeing what the “Wasting Time” singer will do with his new creative space will be dope.

However, there aren’t any additional details regarding the new partnership. Nor has the name of the creative agency been revealed. Everything is currently under wraps. While we wait for more details, tickets for the singer’s world tour go on sale Friday, May 5th. Are you snagging tickets for Brent’s world tour? Let us know what you think in the comments section below!

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