Snoop Dog has shed light on some of the economics of streaming revealing how much money he received from his Publishing Company after achieving one billion streams on Spotify during a recent appearance on the business Untitled podcast hosts Mel Carter Mike novag Gratz and David Barry spoke to the
Dogfather about his marketing moves at one point the quartet began discussing nfts and crypto with Snoop talking about how his son Cordell brought him into that world the Jin and Juice rapper discussed how he had plans to help creators sell their art without involving traditional music business middlemen like apple or
Spotify we went and based on us building relationships with all of these creators in this new space Snoop explained that gave them the freedom to control the narrative and not have to pay Apple 30% but to directly get it sell it and resell it Snoop is the co-founder of Schiller a live streaming
App that he announced this past March the app uses web3 technology with live interactive video and audio streaming to provide a One-Stop shop for creators including nft projects artists Brands and key opinion leaders to monetize their following and connect with their audiences in the context of talking about his own competition to streaming
Services Snoop moved on to talking about how much Warren is telling how little those Services pay in the streaming world I could show you right now they sent me some [ __ ] from Spotify where I got a billion streams he began my publisher hit me I said break that down
How much money is that that [ __ ] wasn’t even $45,000 it is unclear from the interview whether Snoop was talking about the entire amount of money he made from the billion streams or since he mentioned speaking to his publisher whether he was referring to just the publishing royalties publishing royalties are
Divided among all the songwriters split between the music and lyric sides these are separate from the recording royalties which go to the people who own the sound recording elsewhere in the interview Snoop Dog revealed just how bad his finances were at one point in his career there were times in my career
Where it got so bad my accountant was like we should just do bankruptcy he said my pride got involved [ __ ] that if I say bankruptcy then I look like I [ __ ] off everything they started telling me well this artist did it and this person did it I said
None of them [ __ ] black you ain’t named nobody that look like me he added they can do that [ __ ] and get back in the game and it won’t look crazy when we do it oh that end got [ __ ] off his money he ain’t [ __ ] so now we got to
Start 3T behind the line
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