WEBVTT - How Big Companies *Kill the Competition* & Control the Music Game

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<v Speaker 1>Earners. What's up.

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<v Speaker 2>to you by P and C Bank, a lot of

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<v Speaker 2>people think podcasts about work are boring, and sure they

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<v Speaker 2>Member FDIIC.

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<v Speaker 3>Let me ask you this. On the independence side, Snoop.

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<v Speaker 4>I only met Snoop one time and it was crazy

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<v Speaker 4>because he gave a lot of game just in a

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<v Speaker 4>very short period of time. One of the things that

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<v Speaker 4>he said was extremely insightful. He was saying that we're

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<v Speaker 4>talking about Beats BA Dre and you know everybody know that.

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<v Speaker 4>I think Apple bort it for eight hundred million dollars

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<v Speaker 4>something like that, And he was like, sometimes they'll buy

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<v Speaker 4>you to shelf you, yeah, meaning like Beasts by Dre

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<v Speaker 4>was lit. They had everybody they had all the rappers,

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<v Speaker 4>they had athletes there. You don't really see too much

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<v Speaker 4>about Beat by Dre now, so his Apple Apple, Apple

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<v Speaker 4>bought them, so he's his thing was like, as soon

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<v Speaker 4>as Apple buys Beats ba Dre, all you hear is

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<v Speaker 4>the iPod, the AirPods. So they essentially brought the competition

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<v Speaker 4>to kill the competition so they could push their products,

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<v Speaker 4>which is AirPods as opposed to Beats by Dre.

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<v Speaker 3>What have you heard that before?

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<v Speaker 4>Though, Well, that's why I'm tied in with the music

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<v Speaker 4>because like slim Thug is my guy, Like that's a

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<v Speaker 4>personal friend of Buston. And he was saying like how

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<v Speaker 4>he kind of regretted going to a label because it's

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<v Speaker 4>like the label, the allure of a label, like I

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<v Speaker 4>got a d I got my own label under a label.

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<v Speaker 4>But he was like, looking back on it, it was

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<v Speaker 4>better to just stay the independent route.

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<v Speaker 3>You think that that the music business has done that?

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<v Speaker 5>Like, of course that's what I was alluding to earlier.

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<v Speaker 5>I even take it a step further. Okay, then all right,

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<v Speaker 5>see y'all starting with I'm trying to stay on business.

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<v Speaker 1>All right, So peep this, watch this, watch this.

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<v Speaker 5>Gonna blow your mind. It's funny because I saw part

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<v Speaker 5>of it here. What was the big the Virgin megastore.

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<v Speaker 5>That was when I knew they won. Watched this, so

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<v Speaker 5>they sucked up all of the independent artists. First, gave

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<v Speaker 5>us more money than we ever seen before. But what

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<v Speaker 5>that is to them is a tax right off, right,

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<v Speaker 5>because they make sure in most cases that we fail.

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<v Speaker 5>And then the other rappers who were like me, unlike

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<v Speaker 5>you know what I'm saying. If if if let's say

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<v Speaker 5>Manny Fresh decided that he wanted to leave, right, I don't.

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<v Speaker 1>Have that problem because I produce.

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<v Speaker 5>Also, if Baby decided to leave, then they don't have

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<v Speaker 5>to worry about that because I run my business. I

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<v Speaker 5>understand my business. If Wayne decided to leave, whether they

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<v Speaker 5>rapper left or Julie decided to leave, a BG decided to.

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<v Speaker 1>Leave, well I do the rappers. I do the rapping.

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<v Speaker 5>So what ended up happening is is after they soaked,

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<v Speaker 5>they gave all this money and we thought we had

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<v Speaker 5>all of this money. And then the first thing that

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<v Speaker 5>you all know, I didn't understand is what forty forty

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<v Speaker 5>five percent of it is gone just in taxi right,

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<v Speaker 5>then you're catching up for all of the borrowing that

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<v Speaker 5>you did and not having or getting your first house

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<v Speaker 5>and car, getting your mom straight what see.

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<v Speaker 1>Long Green said that money be gone. So they did that.

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<v Speaker 2>That was easy.

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<v Speaker 1>Didn't watch what they did.

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<v Speaker 5>I myself got a seventy thousand dollars check from Southwest Distribution.

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<v Speaker 5>We didn't need the majors we had and Zalees we

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<v Speaker 5>had Southwestern. We had distribution companies, real solid distribution companies.

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<v Speaker 5>They soaked them up and bought them out. Then guess

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<v Speaker 5>what they did. Black people learn how to get mom

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<v Speaker 5>and pop stores, even though a lot of them was

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<v Speaker 5>burning CDs in the back in bootlegging. But that was

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<v Speaker 5>we even learned how to We actually learned how to

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<v Speaker 5>press CDs the fact.

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<v Speaker 1>Then they sucked up the mom and pop stores.

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<v Speaker 5>I don't know if you'll remember when they would put

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<v Speaker 5>the Feds started going to the mom and pop stores

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<v Speaker 5>like they were really like they were selling drugs. Bro Right,

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<v Speaker 5>So then they sucked up the mom and pop stores.

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<v Speaker 5>Then after they sucked up the mom and pop stores,

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<v Speaker 5>then they went for the major stores.

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<v Speaker 1>Bro. We at Virgin all we got to doing, say

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<v Speaker 1>the Virgin.

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<v Speaker 5>Mega store bro literally, and I know I know Jordan,

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<v Speaker 5>but I gotta say it, bro, Like the Virgin Mega

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<v Speaker 5>Store was one of the few times besides walking into

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<v Speaker 5>a strip club, where I think I slightly had.

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<v Speaker 1>An orgasm when I would walking to the store.

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<v Speaker 5>I mean just being a I mean just being a

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<v Speaker 5>b one thing that people don't understand about me.

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<v Speaker 1>Bro, is I really loved hip hop. I really loved it.

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<v Speaker 1>I really thought it was this real thing. Bro.

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<v Speaker 5>I right, like, Bro, and I peak what they did

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<v Speaker 5>to the game, Bro, and then we were okay with

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<v Speaker 5>streaming after that.

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<v Speaker 1>Bro. Like we it's just like, Bro, we are addicted to.

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<v Speaker 5>Following our pressors, no matter how they treat us, no

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<v Speaker 5>matter how bad they do us, we run behind them.

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<v Speaker 1>Bro. I just left Forbes, and.

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<v Speaker 5>What I was telling them over there at Forbes was like,

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<v Speaker 5>one of the sad things is that we get caught

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<v Speaker 5>in the trends, no matter how detrimental those trends may

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<v Speaker 5>beat us. Like I told them, there's nothing from a

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<v Speaker 5>business standpoint that you.

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<v Speaker 1>Can tell me that was positive about streaming.

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<v Speaker 5>And you all are owned your business acumen, bro, At least.

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<v Speaker 1>At y'all age. Bro, I don't know too many people.

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<v Speaker 5>Y'all ages beat y'all on that side, tell me one

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<v Speaker 5>positive thing about streaming you were getting. I just told

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<v Speaker 5>you I was getting ten dollars a CD, two fractions

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<v Speaker 5>of pennies to just allow somebody to play my music

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<v Speaker 5>over and over again on their site.

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<v Speaker 1>That's all streaming is.

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<v Speaker 5>They just play up, perpetually play your shit over and

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<v Speaker 5>over again, and then people tap into their site.

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<v Speaker 1>What's smart about that?

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<v Speaker 3>It's just psychological.

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<v Speaker 4>Even Swiss Swiss Beat had said something that was insightful

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<v Speaker 4>off so with you know, he went to Harvard like

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<v Speaker 4>that program that they have, and he was like, one

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<v Speaker 4>thing that he picked up is that in business, you

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<v Speaker 4>don't have to give somebody ownership, but you just make

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<v Speaker 4>them feel like they have ownership in their work.

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<v Speaker 3>So he equated that to labels.

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<v Speaker 4>He's like, so when they started giving everybody a label,

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<v Speaker 4>they felt empowered because now you're under a powered structure

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<v Speaker 4>that you psychologically want to be under anyway, and they

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<v Speaker 4>make you're still a worker, but you have a title

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<v Speaker 4>of a CEO. So now all everybody got a label,

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<v Speaker 4>but nobody has distribution, nobody has real ownership.

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<v Speaker 3>But that's a way to keep everybody happy and satisfied.

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<v Speaker 6>An illegal alien from Guatemala charged with raping a child

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<v Speaker 6>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 6>accused of murdering a Texas man of Venezuelan charged with

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<v Speaker 6>filming and selling child pornography in Michigan. These are just

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<v Speaker 6>some of the heinous migrant criminals caught because of President

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<v Speaker 6>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 6>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 6>crossings are at the lowest levels ever recorded, and over

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<v Speaker 6>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 6>are here illegally, your next you will be fine nearly

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<v Speaker 6>one thousand dollars a day, imprisoned and deported, you will

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<v Speaker 6>never return. But if you register using our CBP home

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<v Speaker 6>app and leave now, you could be allowed to return legally.

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<v Speaker 6>Do what's right. Leave now. Under President Trump, America's law

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<v Speaker 6>border and families will be protected.

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<v Speaker 3>Sponsored by the United States Department of Homeland Security,