What is Nostr?
shawn / Shawn⚡️
npub1clk…pup9
2022-08-31 19:55:01
in reply to nevent1q…5jde

shawn on Nostr: It’s a crazy business. Labels make much of their money now on so-called “360” ...

It’s a crazy business. Labels make much of their money now on so-called “360” deals, where they take a cut of an artist’s total revenue, including ticket sales, merchandise sales, etc. But generally, they’re more like a VC than what labels used to be: they make many bets, expecting their real returns to come from few.
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