{"id":32973,"date":"2024-02-22T10:46:50","date_gmt":"2024-02-22T10:46:50","guid":{"rendered":"https:\/\/www.shows4.com\/?p=32973"},"modified":"2024-02-22T10:52:32","modified_gmt":"2024-02-22T10:52:32","slug":"kanye-wests-first-independent-album-grossed-over-1m-in-its-first-week","status":"publish","type":"post","link":"https:\/\/www.shows4.com\/?p=32973","title":{"rendered":"Kanye West\u2019s First Independent Album Grossed Over $1M in Its First Week"},"content":{"rendered":"
Vultures 1, the rapper’s full-length collaboration with Ty Dolla $ign, earned close to 169 million on-demand streams in the United States. In September 2020, Kanye West fired off a series of \u201cNEW RECORDING AND PUBLISHING DEAL GUIDELINES\u201d on Twitter, the app now known as X. He called for artist-friendly income splits \u2014 80% to the musician \u2014 and contracts that are easy to understand. \u201cThe artist owns the copyright in the recordings and songs,\u201d West proposed, \u201cand leases them to the record label \/ publisher for a limited term.\u201d His new album Vultures 1, a full-length collaboration with the singer Ty Dolla $ign, arrives with even fewer strings attached \u2014 he doesn\u2019t have a label partner, just a distribution company (Label Engine) to help ensure the music\u2019s presence on streaming services. This arrangement outside of the major label system means that West and Ty Dolla $ign are likely taking home even more than the 80% cut the rapper tweeted about in 2020. Although Label Engine advertises that clients get 82.5% of revenue, stars like West almost certainly have the leverage to push that number significantly higher. <\/p>\n

Billboard estimates that Vultures 1, which debuted at No. 1 on the Billboard 200, earned a little more than $1 million in its opening week in the United States, mostly from streaming (around $892,000 from close to 169 million on-demand streams) plus a little extra from sales (roughly $145,000). If West and Ty Dolla $ign are giving up 5% for distribution \u2014 which might be high \u2014 they take home around $986,000. (More when you factor in global streams and publishing.)\n<\/p><\/div>\n

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