Kenny West’s recent series of tweets share new details on how he wants to re-imagine the music industry after business criticism.
- The Grammy-winning industry has questioned practice and inequality
- West says business balance of power is too close
- He says his goal is to own their master recordings for each artist
Kane West went beyond Twitter and billboards in his music industry.
‘You have to adapt,’ the 42-year-old star told Billboard on Tuesday. ‘You can’t have old rules for new games. No other business in the world advises you to adapt to new supply chains and sources of income. ‘
Jesus Is Burn told the artist outlet that the balance of power in the business is too close and that the gap between the main label profit and the artist profit is too wide.
Latest: 42-year-old Kanye West took to his Twitter and out of the music industry on his billboard to tell the outlet, ‘You can’t have the old rules for new games.’ He was snatched at NYC last year
He vowed, “We will work to rethink the design of the way we are moving forward in this place.”
The Can Tell Me Some artists said that the ultimate goal of raising the issue on Twitter and in the media is for each artist to own their own master recordings.
“Artists own their own copyrights so I’m committed to doing what is necessary,” said the Grammy-winner. “The response is great because everyone knows it’s a broken system that needs to be fixed.”
He used the analogy of buying a house to describe the imperfections of the music business and its infrastructural descriptions.
Focused: West said its ultimate goal in raising the issue on Twitter and in the media was for every artist to own their master recordings.
Inspired: Kanye stated that his goal was to “liberate all artists by any means.”
“Currently artists take progress in creating records and the record company owns the records even when they pay in advance,” he said. ‘Imagine a bank paying you to buy a house and then when you repay the mortgage, they will tell you that they still own it.’
He said his goal was to ‘liberate all artists in any way necessary’.
He told the outlet, ‘We will work to tear down the structure that we are connected to, which pays people for music,’ he told the outlet. ‘We can’t design streaming, but we haven’t designed a new method for paying around and ownership around where we all benefit. Mainly skills such as artist !!
‘The balance of power is very close, the gap between the main label profit and the artist profit is very wide; And in this space I will work to rethink the design of the way we are moving forward.
Speaking: West had previously resolved his allegations in a series of tweets
“We’ve rediscovered the streaming wheel and we’ve all been wondering if we can rent a cab,” West was quoted as saying.
He added: ‘We need to figure out the matrix. It will happen: Remember, you said so !! ‘
The music superstar mentioned that his ‘brand and influence goes beyond just music and of course it makes sense [companies including] Conscientious, as with Adidas and many other companies. ‘
He further added ‘If this helps me to free all the artists then of course I am going to use it.
The Bound 2 singer is suing Universal Music Group for his master recording, and also received a settlement from EMI last year. Billboard said it did not answer questions about whether Westerners would rebuild its tracks.
West tweeted on Wednesday that he would gift artists with his good music label ‘50 per cent of their masters’.