May 5, 2021
Birdman Reveals Cash Money Makes $30 Million a Year From Masters
[ad_1] Birdman has offered an inside look into how much money his record label, Cash Money Records, makes by owning various artists' masters.During an interview on media personality Wallo's podcast, Where's Wallo, on April 30, the New Orleans-bred record executive explains how much he profits from his current and former Cash Money Records artists' music catalogs."We license the music," Birdman revealed. "I just started letting people sample my shit. So yeah, it’s a gang of ways you can make money with your masters. We generate $20 [million] to $30 million a year just on our masters."Over the course of the label's existence, a number of rappers have been signed to Cash Money Records such...