Singer Now Set For Huge Pay Day
Frank Ocean is full of surprises.
The singer’s name has been a staple in the music sphere this week following the unannounced release of two albums – visual LP ‘Endless’ and sophomore effort ‘Blonde.’
Per projections, the latter is on course to not only open at #1 on the Billboard 200, but double the sales of its predecessor (2012’s ‘Channel Orange’) in the process.
There is also another compelling story playing out; one few had any clue about.
All is unravelled below…
Hits Daily Double report that ‘Blonde’ was actually rolled out as an independent release via Ocean’s Boys Don’t Cry label. Distribution was handled by Fresh Produce.
Intriguingly, ‘Endless’ apparently fulfilled the singer’s contractual obligation to Universal Music (to whom he was signed by way of Def Jam).
The gag (#NoKeKe) is that he’ll now reap an estimated 70% of the revenue from sales and streams, rather than the 20% of 70% (specifically 14%) that he would be entitled to on a major label.
So with sales strong and streams forecast to top 75 million on Apple Music alone, Ocean is swimming to more wins than one!
Tidbit: Word on the curb is that this is one of the main catalysts for Universal president sanctioning a ban on streaming “exclusives” moving forward.
All of a sudden, those delays seem more related to contract debate than mulling over material.
In any case… congrats Frank Ocean