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Speaker 2: Jay, Welcome to the Earn Your Leasure Podcasts. I want

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Speaker 2: to give a quick background story of how this all

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Speaker 2: got started. So first off, my name is Rashad Balau.

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Speaker 2: For anybody that doesn't know me, but my partner Troy Millings.

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Speaker 2: So anybody that's been following me for the last year

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Speaker 2: and a half on Instagram. You know, I post content

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Speaker 2: about different financial topics, but I kind of take a

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Speaker 2: different approach to it. You know, I talk about you know,

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Speaker 2: sports and entertainment, kind of the backstories that a lot

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Speaker 2: of times people aren't familiar with them may not know,

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Speaker 2: and also different you know, business models and different businesses

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Speaker 2: and investments and stuff like that. So Instagram has a

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Speaker 2: format where you only put up one minute video. So

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Speaker 2: a lot of people was asking me, you know, when

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Speaker 2: am I going to do a podcast or you know,

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Speaker 2: they want an extended version of the conversation. So I

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Speaker 2: thought that it would be a great idea to have

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Speaker 2: this podcast. And then when I was thinking about the podcast,

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Speaker 2: you know, I wanted to have a partner, and my partner, Troy,

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Speaker 2: I thought would be a perfect pick because he's actually

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Speaker 2: somebody that you may not be familiar with if you

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Speaker 2: follow my Instagram, or you may be familiar with. But

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Speaker 2: so I teach a financial literacy class to kids, and

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Speaker 2: he's the one that actually got me involved with that.

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Speaker 2: I actually teach his classes, his class that I teach,

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Speaker 2: and also a lot of the stuff that I post

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Speaker 2: on Instagram comes from conversations that me and him have

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Speaker 2: and has been having for a very long time. We

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Speaker 2: always have conversations about a lot of different stuff, So

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Speaker 2: I wanted to, you know, share our conversations to the

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Speaker 2: world and have it a on a on a scale,

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Speaker 2: so it's not just me and him in his living

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Speaker 2: room anymore. Yeah, it's put an internet to his So

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Speaker 2: that's kind of backstory. So Troy, you want to give

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Speaker 2: your perspective on it.

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Speaker 3: Yeah, I mean pretty much what Rashad is saying is

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Speaker 3: one hundred percent accurate. We've we've had conversations for so

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Speaker 3: many years, I think over twenty years of conversations, and

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Speaker 3: over the past few years, we've seen some of those

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Speaker 3: conversations turn into realities.

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Speaker 4: And it was like we.

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Speaker 3: Thought the conversations that we were having were almost commonplace.

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Speaker 3: And what we started to notice is that these conversations

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Speaker 3: aren't happening, especially in.

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Speaker 4: Our community and the communities throughout the country.

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Speaker 3: And that was evident when we saw the content that

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Speaker 3: you were putting up on your page, and it was

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Speaker 3: the feedback was just so amazing, like, thank you so

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Speaker 3: much for the education, and I never knew that, and

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Speaker 3: we started looking at ourselves like, wait, they didn't know that.

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Speaker 3: I thought people knew that, So there was definitely a

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Speaker 3: need there. And Earn your Legion podcast is now live.

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Speaker 2: Oh we got talk about the name to earn your

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Speaker 2: leaders anybody that follows me. That's like my hashtag that

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Speaker 2: I've been using for a while, earning your Lesia. And

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Speaker 2: Troy actually came up with that hashtag that he thought

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Speaker 2: that that was a good hash I was trying to

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Speaker 2: think of something to come up with, and he thought

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Speaker 2: that that was perfect as far as earning your Lesia.

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Speaker 3: Yeah, man, that that Let's give him the whole story, right,

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Speaker 3: Like so like the conversation that we said, like that

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Speaker 3: just happened. From that conversation, it was like you had

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Speaker 3: just started that. Listen, I have an avenue now through Instagram.

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Speaker 4: Let's take them even further back. Let's take it because

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Speaker 4: part of.

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Speaker 3: The reason I was like, that's a great idea is

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Speaker 3: because people miss the hard work that goes prior to

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Speaker 3: this this moment right here. So we've been in that

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Speaker 3: classroom in the summers from our program and we'll talk

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Speaker 3: about the program later on, but for eight years now,

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Speaker 3: maybe nine years, right, we've been in that classroom and

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Speaker 3: The original thought was, Hey, I know that finance is

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Speaker 3: something that.

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Speaker 4: Is not being taught in.

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Speaker 3: School, and I knew that you are a financial advisor

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Speaker 3: obviously as my best friend, we knew that that too.

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Speaker 3: We should link those two things, right, Like, you teach finance,

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Speaker 3: I'm an educator. Let's link it to and at first.

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Speaker 3: And I think you put that into folks, and I

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Speaker 3: thought that was really honest with you. It was like,

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Speaker 3: it's not the easiest thing to do. I think people

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Speaker 3: under depression. Like if I teach, if I teach kids

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Speaker 3: and I can teach anybody, or if I've never taught

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Speaker 3: kids before, I can get in the classroom.

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Speaker 4: And do it. And you were very honest about that.

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Speaker 3: It was like, you know, this is difficult, like this

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Speaker 3: is not for me, but to your credit, man, you

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Speaker 3: stuck with it, and now you can see that the

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Speaker 3: education that you're giving to these kids is something that

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Speaker 3: they're going to take with them for a long time.

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Speaker 3: And now the world gets to see it on Instagram

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Speaker 3: like some of the word we've been doing. But it's

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Speaker 3: been eight years and that's how your leisure comes comes about.

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Speaker 2: For sure, for sure. So that's where we're at right now.

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Speaker 2: To Earn Your Leisure podcasts, And like I said, before

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Speaker 2: we go into it, the Earn Your Leasure podcast will

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Speaker 2: be giving you behind the scenes look at financial deals

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Speaker 2: and the entertainment, sports business, different fields, and you know,

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Speaker 2: we're going to try to make it exciting. A lot

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Speaker 2: of times people have an idea of business that is

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Speaker 2: boring or over the head. It's not either one. So

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Speaker 2: that's kind of, you know, the reason why we wanted

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Speaker 2: to start this, you know, to kind of bring it

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Speaker 2: to light and make it fun and make it understandable

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Speaker 2: and make it relatable. So yeah, so let's jump right

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Speaker 2: into it, jump right into it. So you know, I

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Speaker 2: took notes. I took notes. I'm prepared. So we're gonna

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Speaker 2: start with the music industry because both of us are

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Speaker 2: huge fans.

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Speaker 3: I think the music raises us, I would say, right, Like,

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Speaker 3: I think we used to get into debates about did

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Speaker 3: we learn more from the music did we learn more

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Speaker 3: from school? And I mean i'd say it's equal, right,

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Speaker 3: Like some of the lessons that we learned from listening

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Speaker 3: to Nas and Jay and Big to a certain extent,

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Speaker 3: we still apply those lessons today. So one of the

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Speaker 3: things that I heard from one of my favorite albums.

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Speaker 3: Jay Z's last four or four album was you do

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Speaker 3: still signing deals still? After all they done stole for real,

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Speaker 3: after what they did to all Laurence Hill, And I realized, like,

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Speaker 3: certain generations don't even know who Lauren Hill is, right, Like,

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Speaker 3: so Miseducation of Lauryn Hill comes out in nineteen eight

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Speaker 3: ninety eight. We got kids now who are nineteen who

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Speaker 3: aren't even born, right, so they just know Lauryn Hill

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Speaker 3: as the woman who kind of dresses funny in their opinion.

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Speaker 4: But there was some major things that happened with her.

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Speaker 3: And on your page, I saw that, you know, some

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Speaker 3: people were wondering, like, hey, what's a What's what's up

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Speaker 3: with these record deals?

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Speaker 4: What's a three sixty deal? What does that even mean?

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Speaker 4: So we're gonna give a fresh poch on what that

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Speaker 4: is and how that looks.

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Speaker 2: Yeah. So yeah, so when Jay, when Jay said that,

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Speaker 2: y'all still signing deals for real? So one of the

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Speaker 2: things he was losing too was the three sixty deal,

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Speaker 2: right right, So, like you said at a lot of

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Speaker 2: people have been asking me to make a video about

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Speaker 2: the three sixty deal, but I just didn't want to

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Speaker 2: make a you know a one minute clip about it.

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Speaker 2: I wanted to kind of go into depth about what

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Speaker 2: the three sixty deal really is because obviously a lot

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Speaker 2: of people have aspirations of being in the music business

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Speaker 2: that they want to be producers, artists, singers, whatever. So

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Speaker 2: it's important for them to have the business knowledge, not

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Speaker 2: just you know, how to wrap, how to write a song,

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Speaker 2: or how to shoot a video. You know, there's a

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Speaker 2: lot of stuff that goes in behind the scenes that

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Speaker 2: a lot of time people aren't familiar with. So three

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Speaker 2: sixty deal, three sixty deal, you want you want to

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Speaker 2: start this off or you want me to start it.

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Speaker 4: Off, so we can. I'll start it.

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Speaker 3: So three sixty deal is something that came about in

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Speaker 3: the early two thousands. Record companies started to realize that

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Speaker 3: they were losing revenue because of illegal downloads. Right, so

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Speaker 3: people weren't buying albums because we could just get it

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Speaker 3: off of I guess napster at that point in LimeWire.

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Speaker 3: So record companies were like, hey, we're losing money. We

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Speaker 3: have to figure out a way to earn this money.

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Speaker 2: Sean Parker, we got to acknowledge for a legend, we can't,

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Speaker 2: we can't. We can't just take that lately. Sean Parker

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Speaker 2: changed the game. Absolutely, change the world.

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Speaker 4: Absolutely.

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Speaker 2: Anybody not familiar with Sean Parker, he's the guy behind Napster.

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Speaker 2: Twice you changed the world with Facebook also, absolutely, But Napster,

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Speaker 2: they were they the first ones to start ripping music.

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Speaker 4: I believe, so, man, I believe so.

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Speaker 3: Like in the late nineties, late nineties, I believe Napster

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Speaker 3: comes about. And when we found out about that, it was.

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Speaker 2: So before Napster, everybody was buying CDs. Go to you

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Speaker 2: go to Sam Goodie, you go to your local record

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Speaker 2: store and you buy a CD.

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Speaker 3: Let's go down a list of those stores that you're

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Speaker 3: talking about that don't exist, Sam Goodies, cocon Nuts.

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Speaker 2: For your entertainment, I forgot.

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Speaker 3: For your entertainment, a bunch of these these these warehouses

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Speaker 3: that would sell music that don't exist anymore.

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Speaker 2: Okay, So all right, so Napster comes along. What exactly

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Speaker 2: the naps to do?

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Speaker 4: Again? So?

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Speaker 3: Uh, Napster he figured out a way to get music

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Speaker 3: illegally and stream it through the internet.

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Speaker 2: So you could you could you could just get it

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Speaker 2: from NAP's website.

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Speaker 3: Right so well, for free, for free, So that that

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Speaker 3: was the first time we started getting music from.

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Speaker 2: So that that actually was the first stream right right

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Speaker 2: as we know it today, right because he was taking

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Speaker 2: the music and putting it on his website, and then

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Speaker 2: from the website you can take it.

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Speaker 3: So it was a listen a data file of just files, right,

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Speaker 3: And that was the first time it was like direct

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Speaker 3: to consumer. Right, So now I didn't have to go

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Speaker 3: to the store to buy the cassette tape, which doesn't exist.

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Speaker 3: I didn't have to go to start to get the CD.

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Speaker 3: I'm getting it directly in my home. Not only am

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Speaker 3: my getting directly in my home, but now I can

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Speaker 3: get a multitude of artists. Right, I can make my

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Speaker 3: own mix of songs, right, Like I remember showing people

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Speaker 3: how to do it, and it was like, oh my gosh,

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Speaker 3: like this is amazing, Like I can make my own mixtape.

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Speaker 3: I don't have to waste money anymore. So like, yeah,

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Speaker 3: that was the first direct to consumer music outlet.

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Speaker 2: And then okay, so then once the record companies pretty

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Speaker 2: much shut that down, they hit him with like what

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Speaker 2: the federal government. Federal government shut down. I'm sure the

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Speaker 2: record companies played a part.

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Speaker 4: Absolutely.

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Speaker 2: They d him on two hundred million dollars suits.

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Speaker 3: It was crazy copies, all types of copyright infringement lawsuits.

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Speaker 3: But after I mean, that doesn't stop it, right, like

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Speaker 3: that idea, you can't, No, you can't, you can't. You

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Speaker 3: can't stop energy.

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Speaker 2: There it is, you can't stop energy because once it's

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Speaker 2: out there, you can try to contain it. But it's

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Speaker 2: like that the doors.

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Speaker 4: Open at that point you can't close your eyes to

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Speaker 4: So once.

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Speaker 2: They shut down Napster, but the record companies did a

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Speaker 2: smart thing. Okay, so from Napster we have to go

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Speaker 2: to Steve Jobs.

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Speaker 4: No, let's go. Well, there's a few other outlets.

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Speaker 3: So once Napster starts, then other file sharing services come about.

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Speaker 3: So then you get a LimeWire, right, and then a

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Speaker 3: bunch of.

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Speaker 4: That was still illegal, still illegal, so like he that's

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Speaker 4: the idea.

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Speaker 3: Then we get a bunch of other file sharing companies

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Speaker 3: that come out, and now they're not just sharing music, right,

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Speaker 3: so like movies. Now they're sharing movies, they're sharing TV shows,

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Speaker 3: all types of forms of outlet of media. Right, they're

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Speaker 3: sharing books like you can download a book. So now

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Speaker 3: it's like this entire industry has to figure out, how

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Speaker 3: are we going to stop this? Thing from bleeding, like

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Speaker 3: this is bleeding. The music industry is bleeding. We're losing

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Speaker 3: money at an all time rate. How are we gonna

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Speaker 3: stop it?

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Speaker 2: So okay, now we're into Steve Jobs in the picture. Okay,

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Speaker 2: So Steve Jobs has the brilliant idea. Well it's actually

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Speaker 2: not his idea, but he made it come to.

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Speaker 4: Life, accepted the idea of the iPod, right.

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Speaker 2: And then from the iPod came iTunes.

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Speaker 4: Yeah right, yep.

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Speaker 2: So with iTunes it's like the first legal streaming service

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Speaker 2: because now we're paying for it.

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Speaker 4: Right.

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Speaker 2: So now he got with all the record companies, the

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Speaker 2: heads of all the record companies, and said, look, streaming,

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Speaker 2: and you can't stop streaming, right, but you can make

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Speaker 2: money off of it. You can be part of it.

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Speaker 2: Let's come together. I have the platform, you have the music,

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Speaker 2: we can merge. Now we have iTunes exactly on your iPod.

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Speaker 2: So now it's legal streaming as we know it today.

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Speaker 2: And then that's grown to Spotify and title and everything else.

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Speaker 2: So with that comes the creation of the three sixty deal. Right,

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Speaker 2: because before record companies, well talk about the record.

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Speaker 3: Record companies were pretty much basing their revenue off the

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Speaker 3: sales of albums, right, and off the sale of singles.

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Speaker 4: Right.

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Speaker 3: But after those singles, no longer I don't have to

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Speaker 3: pay for them, I get them for free.

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Speaker 4: How do we generate money? Right?

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Speaker 3: And they knew that their artists were still generating revenue

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Speaker 3: on top of the album sales. Right, So then they

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Speaker 3: go and tour, whether they make in store visits, as

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Speaker 3: they sell merchandise, they're still generating revenue.

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Speaker 2: So artists are very resilient people. So once the artists

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Speaker 2: figured out they wasn't making money selling albums anymore, they

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Speaker 2: found other revenues to make money, touring, which has been

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Speaker 2: a revenue stream for years, so they make money off touring.

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Speaker 2: Then they started merch selling merchandise. Then they started installing pearances, walkthroughs,

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Speaker 2: all kinds of stuff, right, And so the music became

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Speaker 2: just the platform they get your name out there, so

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Speaker 2: you can make money off of all the other different

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Speaker 2: aspects of it. So when the record companies figured that out,

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Speaker 2: they say, Okay, the artists are still making money, but

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Speaker 2: we're not making money anymore because album sales. Nobody's buying albums,

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Speaker 2: so there's.

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Speaker 3: No point in now signing a five to seven seven

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Speaker 3: album year deal. There's no point of it anymore, right,

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Speaker 3: we might not even get to three albums at this rate.

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Speaker 4: Right. So the traditional was after.

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Speaker 3: Seven years and after you've met that obligation, now you're

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Speaker 3: free to sign at another label or your free design

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Speaker 3: your own through your own outlet.

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Speaker 4: That was the traditional way.

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Speaker 3: And then they said, wait, if they're not selling albums,

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Speaker 3: how are we going to make money?

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Speaker 2: So and how they're going to make money, they decided

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Speaker 2: to enter the three sixty deal. So the three sixty

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Speaker 2: deal is when that's why it's called three sixty because

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Speaker 2: they get a piece of everything, right, So, they get

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Speaker 2: a piece of your streaming, they get a piece of

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Speaker 2: your merch, they get a piece of your touring, they

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Speaker 2: get a piece of sometimes even walkthroughs, club performances, anything,

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Speaker 2: TV appearances, anything that you do that makes you money

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Speaker 2: will make them money. They want it. They want a

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Speaker 2: piece of everything exactly. It's like it's like, what's that

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Speaker 2: Kings of New York? He said, if if is sold,

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Speaker 2: so I want, I want.

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Speaker 4: I want It's still I want in deal. Right. So,

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Speaker 4: originally they used to give you advance.

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Speaker 3: If you sign a record contract, you get an advance

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Speaker 3: and that goes towards you know, the making of your album,

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Speaker 3: perhaps maybe some of your videos. So they still do

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Speaker 3: that in the three sixty deal, but now it's like,

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Speaker 3: all right, we got to recruit that. So they might

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Speaker 3: give you a bigger upfront advance, but they're still trying

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Speaker 3: to recruit it through those avenues of income that you

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Speaker 3: just spoke about.

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Speaker 4: It is the I one end deal I want in.

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Speaker 4: You're making a dollar I want in.

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Speaker 2: Yeah. Well, so now now people are taking a more

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Speaker 2: independent route right, right, because they realize that with streaming,

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Speaker 2: you don't necessarily need the record label. How you used

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Speaker 2: to lead, how you used to need the record Because

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Speaker 2: I've heard from record executives and people in the music

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Speaker 2: industry that the reason the three sixty deal makes sense

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Speaker 2: is that they are investing money in the artists, right.

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Speaker 4: They're calling it growth development.

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Speaker 2: Right, and they're they're putting an artist on a platform

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Speaker 2: for them to get that merched soul, then for them

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Speaker 2: to get those TV appearances, and for them to get

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Speaker 2: that touring. They wouldn't have that without the push from

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Speaker 2: the record label. So it's only right that the record

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Speaker 2: label recoups that.

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Speaker 4: Yeah, I mean, but that used it, that may have

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Speaker 4: been true.

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Speaker 3: But in this era of like our YouTube generation of kids, right,

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Speaker 3: Like I call him the YouTube generation because like our

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Speaker 3: kids don't watch TV, right, Like they started Disney Channel

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Speaker 3: and by the time that's done, it's.

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Speaker 4: Like, all right, well now we're watching YouTube.

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Speaker 3: So people are making themselves hot, right, they don't necessarily

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Speaker 3: need a record label.

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Speaker 4: And I know, like Soldier Boy, right, like.

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Speaker 3: People he's been all over the over the media outlets

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Speaker 3: lately and it's like they laugh at him, but it's like, no,

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Speaker 3: this is what this kid did is legendary, right, Like

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Speaker 3: he's the first guy to introduce artists through YouTube, right

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Speaker 3: back to his first video at Cranked.

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Speaker 2: That right, Soldier Boy is interesting.

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Speaker 4: Yeah, I mean he's legendary. Right.

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Speaker 2: You can't you can't dismiss him, No, and we shouldn't.

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Speaker 2: You can't dismiss him because, like you said, he actually

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Speaker 2: pied near this whole YouTube sensation. Yeah, get yourself high

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Speaker 2: with a dance.

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Speaker 4: He's the he's the first viral artist of Yes, he's

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Speaker 4: the first viral artist that.

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Speaker 3: We've seen people with who've had movements, right, Like we've

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Speaker 3: seen the fifty cent and the g and the we

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Speaker 3: grew up in that dipset movement.

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Speaker 4: Those were movements, but this.

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Speaker 3: Kid is the first viral artist where it's like this

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Speaker 3: is on the internet and now it's taken off right.

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Speaker 3: So like at the time, when crank That comes out, right,

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Speaker 3: he produced himself, produced himself, made with two like, he

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Speaker 3: didn't use any live instruments, right, he bought I think

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Speaker 3: it's fruity loops, I believe free loops software.

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Speaker 4: And created crank That. Right.

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Speaker 3: This thing goes on to self to three million streams

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Speaker 3: in two thousand and seven. Right at the time, that's

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Speaker 3: an all time record. This kid generates seven million dollars

379
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Speaker 3: at sixteen, right, so he becomes the first viral artist. Hey,

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Speaker 3: I don't really need that label. Label has to come

381
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Speaker 3: to me. So he signed with Kylie Park, who was

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Speaker 3: an Atlanta executive at the time. But in the video,

383
00:19:04,800 --> 00:19:07,320
Speaker 3: the first scene is kids and this is like kind

384
00:19:07,359 --> 00:19:09,920
Speaker 3: of indicative of where we are now. He has two

385
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Speaker 3: kids doing the dance and he's sitting behind his desk

386
00:19:14,160 --> 00:19:16,119
Speaker 3: like what are y'all doing? And they're like that's that

387
00:19:16,200 --> 00:19:18,679
Speaker 3: grant dad, And.

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00:19:18,040 --> 00:19:19,119
Speaker 2: He's like who is that?

389
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Speaker 4: And they're like, Daddy a soldier. Boys.

390
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Speaker 3: Like now the kids because they're on the Internet and

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Speaker 3: now on TV are telling the adults like what's hot.

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Speaker 3: I was like wow when I saw that the other day,

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Speaker 3: I'm like wow, that's like for like foreshadowing what's happening.

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Speaker 3: These kids are telling us what's hot because they sold

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Speaker 3: on YouTube.

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Speaker 4: So like he's the first viral us. Yes, we might

397
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Speaker 4: not light the way.

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Speaker 3: He conveys his message, but he speaks a lot of

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Speaker 3: truth in what he's saying.

400
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Speaker 4: Right this, we can't deny this kid, right, Like he's

401
00:19:48,920 --> 00:19:49,359
Speaker 4: I mean he's.

402
00:19:49,280 --> 00:19:52,280
Speaker 3: Twenty eight now, but this kid made himself a millionaire

403
00:19:52,280 --> 00:19:56,720
Speaker 3: at that age, right, So he's our first viral YouTube artist.

404
00:19:57,920 --> 00:20:01,560
Speaker 2: Okay, okay, So then from Soldier Boys, all right, So

405
00:20:01,880 --> 00:20:04,960
Speaker 2: going back to three sixty Deale, So Chris brown he

406
00:20:05,119 --> 00:20:09,359
Speaker 2: just recently made headlines. Yeah, he was the youngest artist

407
00:20:09,400 --> 00:20:12,240
Speaker 2: to so his new record deal. He has complete control

408
00:20:12,280 --> 00:20:16,199
Speaker 2: of his master's correct. So he's the youngest artist to

409
00:20:16,320 --> 00:20:16,560
Speaker 2: have that.

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00:20:16,720 --> 00:20:20,119
Speaker 3: Yeah, correct, Chris Browns is twenty nine, right, which is

411
00:20:20,480 --> 00:20:23,919
Speaker 3: we've known this guy since we were since he was sixteen.

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00:20:23,960 --> 00:20:27,440
Speaker 3: I got another guy at sixteen, and that's a catalog

413
00:20:27,520 --> 00:20:31,200
Speaker 3: of music. But now I think he's fulfilled his last

414
00:20:31,480 --> 00:20:35,879
Speaker 3: label deal and now controls his masters, right, so that

415
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Speaker 3: twenty nine, anything that he puts out from this point on,

416
00:20:39,440 --> 00:20:42,320
Speaker 3: he owns one hundred percent of And I think some

417
00:20:42,359 --> 00:20:44,760
Speaker 3: people get confused and like, what's a master's.

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Speaker 2: Yeah, it's publishing for an artist, and then is the

419
00:20:50,119 --> 00:20:53,880
Speaker 2: masters right? What's what's the difference between publishing and masters?

420
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Speaker 4: So your masters is the first recording of.

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00:20:58,320 --> 00:21:02,240
Speaker 3: A sound, right or a song right that people will

422
00:21:02,320 --> 00:21:04,399
Speaker 3: use now to duplicate. Right, So if he makes a

423
00:21:04,400 --> 00:21:06,959
Speaker 3: song in twenty nineteen, he owns one hundred percent of that,

424
00:21:07,280 --> 00:21:09,639
Speaker 3: and he owns the masses that if somebody duplicates that

425
00:21:09,800 --> 00:21:11,840
Speaker 3: or uses a sound from that, right, they have to

426
00:21:11,840 --> 00:21:13,399
Speaker 3: pay him for that. So he's going to own his

427
00:21:13,440 --> 00:21:16,720
Speaker 3: masters so like the song's prior to it, and we

428
00:21:16,760 --> 00:21:18,440
Speaker 3: still have to get details on the full contract. I

429
00:21:18,440 --> 00:21:20,280
Speaker 3: don't know if held it back dates, if he gets

430
00:21:20,280 --> 00:21:22,800
Speaker 3: to control of some of his old content, but like

431
00:21:23,080 --> 00:21:24,880
Speaker 3: some of the songs that we grew up with him

432
00:21:25,320 --> 00:21:28,800
Speaker 3: doing and are timeless, I'm not sure if he has

433
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Speaker 3: control of that his old record label made.

434
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Speaker 4: But I would anticipate that this is going to be

435
00:21:33,520 --> 00:21:34,280
Speaker 4: a huge dfhim.

436
00:21:34,480 --> 00:21:36,280
Speaker 3: Right as soon as he signs that deal, he drops

437
00:21:36,280 --> 00:21:39,840
Speaker 3: a video, right, forget Like I don't need a press tour,

438
00:21:39,960 --> 00:21:42,840
Speaker 3: Like I'm putting out content right now. So the song,

439
00:21:43,760 --> 00:21:48,000
Speaker 3: it's the what's the Shenee record?

440
00:21:48,320 --> 00:21:49,520
Speaker 4: What's the song? Right?

441
00:21:49,560 --> 00:21:51,119
Speaker 3: So that song comes out like as soon as he

442
00:21:51,119 --> 00:21:56,280
Speaker 3: signs his deal, like and he sales that generated from

443
00:21:56,320 --> 00:21:59,480
Speaker 3: that single, and the streams on that or the YouTube

444
00:21:59,560 --> 00:22:02,400
Speaker 3: hits from that, that advertising dolls send in Like he's

445
00:22:02,400 --> 00:22:05,800
Speaker 3: in control of that now, which is at twenty nine, Like,

446
00:22:05,840 --> 00:22:07,600
Speaker 3: we have guys that we listen to at forty eight

447
00:22:07,640 --> 00:22:08,920
Speaker 3: that don't even control their music.

448
00:22:09,119 --> 00:22:12,520
Speaker 2: So in the publishing the writers.

449
00:22:12,640 --> 00:22:17,400
Speaker 3: Right, So the writers, the love of musicians who contribute

450
00:22:17,440 --> 00:22:20,000
Speaker 3: to that, to the performance of that song or the

451
00:22:20,040 --> 00:22:22,560
Speaker 3: making of that song, like so those are two separate.

452
00:22:22,200 --> 00:22:25,080
Speaker 4: Things, right, So like the copying of it, and then.

453
00:22:24,960 --> 00:22:25,360
Speaker 3: You have.

454
00:22:26,920 --> 00:22:28,720
Speaker 4: The actual people who compose it.

455
00:22:30,320 --> 00:22:32,879
Speaker 3: I said that one of the guys I actually was

456
00:22:32,920 --> 00:22:35,720
Speaker 3: watching Big John Platt, And I don't think anybody people

457
00:22:35,720 --> 00:22:37,959
Speaker 3: are even familiar with Big John Platt. But if you're not,

458
00:22:38,080 --> 00:22:40,879
Speaker 3: you should, you know, do some research on who he is.

459
00:22:40,920 --> 00:22:45,880
Speaker 3: Like this guy is the publisher of the publishers, like he.

460
00:22:44,760 --> 00:22:48,159
Speaker 4: He he's a legend in music.

461
00:22:48,200 --> 00:22:50,440
Speaker 3: And if if you haven't seen him do some research,

462
00:22:50,480 --> 00:22:53,159
Speaker 3: and I think the rap Radar podcast that they did.

463
00:22:53,040 --> 00:22:55,160
Speaker 4: With him was a phenomenal interview, and.

464
00:22:55,080 --> 00:22:57,840
Speaker 3: He set a tremendous amount of light on what he

465
00:22:57,880 --> 00:23:00,200
Speaker 3: does because, like you said, a lot of people want

466
00:23:00,200 --> 00:23:03,480
Speaker 3: to get into entertainment and want to be rappers and singers,

467
00:23:03,960 --> 00:23:07,320
Speaker 3: but there's other ways to generate revenue for music, and

468
00:23:07,359 --> 00:23:09,840
Speaker 3: he's found a way. And he makes sure that any

469
00:23:09,960 --> 00:23:13,159
Speaker 3: artist that he comes in contact with that they control

470
00:23:13,160 --> 00:23:14,480
Speaker 3: their publishing because it's important.

471
00:23:14,520 --> 00:23:15,160
Speaker 4: It's important.

472
00:23:16,000 --> 00:23:20,000
Speaker 2: Okay. So also in news, a Boogie a bogy, So

473
00:23:20,040 --> 00:23:21,800
Speaker 2: a Boogie made history.

474
00:23:21,800 --> 00:23:23,920
Speaker 4: Shout out to the Bronx for being.

475
00:23:25,200 --> 00:23:29,040
Speaker 2: Well, he had the lowest sales.

476
00:23:29,080 --> 00:23:30,000
Speaker 4: Well let's not start there.

477
00:23:30,119 --> 00:23:32,360
Speaker 3: Let's start right see like and this is true too,

478
00:23:32,400 --> 00:23:34,000
Speaker 3: so like the media will say, like he has the

479
00:23:34,040 --> 00:23:37,040
Speaker 3: lowest sales, but let's start with the positive like this, Yeah.

480
00:23:36,840 --> 00:23:38,880
Speaker 2: IM gonna get to this kid has the number one

481
00:23:38,920 --> 00:23:41,080
Speaker 2: the number one album. He made history for having it,

482
00:23:41,560 --> 00:23:44,879
Speaker 2: for having the number one album with the lowest selling

483
00:23:45,119 --> 00:23:48,440
Speaker 2: physical physical units ever. Right, so he sold eight hundred

484
00:23:48,440 --> 00:23:52,600
Speaker 2: and thirty five physical copies physical copies, but he streamed

485
00:23:52,640 --> 00:23:56,479
Speaker 2: eighty million streams. Right, which is the equivalent of sixty

486
00:23:56,520 --> 00:23:57,680
Speaker 2: thousand albums.

487
00:23:57,800 --> 00:23:59,160
Speaker 4: Yeah, so.

488
00:24:01,640 --> 00:24:04,920
Speaker 2: That's interesting on two different levels, right, because you sold

489
00:24:04,920 --> 00:24:05,880
Speaker 2: eight hundred.

490
00:24:06,000 --> 00:24:08,600
Speaker 4: Copies eight hundred twenty three or something like that.

491
00:24:08,680 --> 00:24:12,240
Speaker 2: Yeah, eight hundred and twenty three copies, but you stream

492
00:24:12,600 --> 00:24:14,480
Speaker 2: eighty million, right right.

493
00:24:14,520 --> 00:24:16,520
Speaker 4: It tells you a couple of things. Right. It goes

494
00:24:16,560 --> 00:24:19,320
Speaker 4: back to what we said earlier, where there.

495
00:24:19,200 --> 00:24:22,760
Speaker 3: Are no physical outlets to consume physical copies.

496
00:24:22,800 --> 00:24:24,400
Speaker 2: Well, that's it exactly.

497
00:24:24,160 --> 00:24:27,280
Speaker 3: That's the first thing, right, So no stores, there's no stores, right,

498
00:24:27,320 --> 00:24:30,640
Speaker 3: so there are no like the stores that we said earlier,

499
00:24:30,720 --> 00:24:33,560
Speaker 3: but even like stores like best Buy, these huge company.

500
00:24:33,640 --> 00:24:36,840
Speaker 3: Right recently they said that we are doing a way

501
00:24:37,280 --> 00:24:40,240
Speaker 3: with the CD section in our stores. It's pointless. People

502
00:24:40,320 --> 00:24:42,920
Speaker 3: don't buy them, right, I've been in your car. You

503
00:24:42,960 --> 00:24:45,399
Speaker 3: don't even have a CD player in your car, right, Like,

504
00:24:45,600 --> 00:24:48,000
Speaker 3: it doesn't People don't consume music that way.

505
00:24:48,080 --> 00:24:51,480
Speaker 2: So, so who's in control of the music industry right now?

506
00:24:51,560 --> 00:24:54,800
Speaker 2: Is it? Because I've heard this before that the cell

507
00:24:54,840 --> 00:24:59,920
Speaker 2: phone companies are really in position to be the record labels.

508
00:25:00,359 --> 00:25:03,760
Speaker 2: If you think about it, nothing moves without a cell phone, right, right,

509
00:25:03,840 --> 00:25:11,480
Speaker 2: So what would stop Sprint, Verizon or Apple directly to

510
00:25:11,680 --> 00:25:15,879
Speaker 2: just cut the record label out completely and make deals

511
00:25:15,880 --> 00:25:16,679
Speaker 2: with artists.

512
00:25:17,280 --> 00:25:18,399
Speaker 4: I think that's where we're headed.

513
00:25:19,280 --> 00:25:21,280
Speaker 2: That's what we're headed. I think that's where we're at

514
00:25:21,359 --> 00:25:23,840
Speaker 2: right now, because the artists are still record labels are

515
00:25:23,840 --> 00:25:26,359
Speaker 2: still there. But what what what good is a record

516
00:25:26,440 --> 00:25:28,920
Speaker 2: label at this point where a lot of time people

517
00:25:28,920 --> 00:25:30,280
Speaker 2: don't even listen to radio anymore.

518
00:25:30,400 --> 00:25:34,240
Speaker 4: Right, So, like that's important too, Like so Steve Stout.

519
00:25:34,440 --> 00:25:36,199
Speaker 3: And again if you don't know if Steve Stout is

520
00:25:36,200 --> 00:25:41,119
Speaker 3: and you're in entertainment, definitely somebody you should research. His

521
00:25:41,160 --> 00:25:44,360
Speaker 3: book The Tanning of America is amazing, so must read.

522
00:25:44,880 --> 00:25:48,600
Speaker 3: But his company, the United Masters, is combating. Then they're saying, look,

523
00:25:48,640 --> 00:25:51,240
Speaker 3: you don't need the record label, We're giving you your Masters.

524
00:25:51,640 --> 00:25:54,920
Speaker 3: And what he has is, I mean he's established relationships

525
00:25:54,920 --> 00:25:57,480
Speaker 3: throughout his career. I think he started with Public Enemy

526
00:25:57,520 --> 00:25:58,680
Speaker 3: in the eighties, right, he was.

527
00:25:58,640 --> 00:26:00,840
Speaker 4: Like a tour manager, or.

528
00:26:00,840 --> 00:26:02,919
Speaker 3: He might have been like an assistant to the tour

529
00:26:03,000 --> 00:26:06,000
Speaker 3: manager for Public Aademy in the eighties. But throughout his

530
00:26:06,040 --> 00:26:09,119
Speaker 3: career he's established relationship with artists, and he's established relationships

531
00:26:09,119 --> 00:26:12,879
Speaker 3: with corporate America. And his claim to fame, like his

532
00:26:12,960 --> 00:26:15,160
Speaker 3: thing that he holds that on is like he combines

533
00:26:15,200 --> 00:26:18,199
Speaker 3: those twos, so like you have entertainment and you have

534
00:26:18,680 --> 00:26:21,680
Speaker 3: corporate America. Right, So that's where we get the jay

535
00:26:21,760 --> 00:26:24,800
Speaker 3: Z to Rebok deal, or we get the NAS to

536
00:26:25,040 --> 00:26:27,520
Speaker 3: the Sprite Like that's one of our favorite commercials, right,

537
00:26:27,560 --> 00:26:28,840
Speaker 3: the legendary SPIKEE commercial.

538
00:26:29,119 --> 00:26:31,400
Speaker 4: So you start seeing those cross brands, or it could have.

539
00:26:31,359 --> 00:26:33,240
Speaker 3: Been Lebron to McDonald's, like he made that out of

540
00:26:33,280 --> 00:26:35,080
Speaker 3: hand and on that or like right now, like the

541
00:26:35,080 --> 00:26:39,320
Speaker 3: beats with Dre, like he's established so many relationships from

542
00:26:39,400 --> 00:26:41,959
Speaker 3: a brand standpoint that when he gets an artist now

543
00:26:41,960 --> 00:26:44,680
Speaker 3: it's like, look, we'll connect you directly with them.

544
00:26:45,000 --> 00:26:46,800
Speaker 4: You don't need that three sixty deal.

545
00:26:47,359 --> 00:26:50,560
Speaker 3: Come to the United Masters and we'll connect you with

546
00:26:50,600 --> 00:26:53,040
Speaker 3: the brand. And now, if you want to get your

547
00:26:53,080 --> 00:26:56,560
Speaker 3: your music in an NBA commercial, we got connections. If

548
00:26:56,560 --> 00:26:59,399
Speaker 3: you want to get your your music played in a

549
00:26:59,440 --> 00:27:01,439
Speaker 3: beat by Dre, we can do that, right. So, like

550
00:27:01,480 --> 00:27:04,000
Speaker 3: what he's offering I think changes the game.

551
00:27:04,440 --> 00:27:04,640
Speaker 4: Right.

552
00:27:04,680 --> 00:27:08,760
Speaker 3: So he's given like similar to what your page is

553
00:27:08,840 --> 00:27:12,560
Speaker 3: right like his like listen, follow this. This can help

554
00:27:12,640 --> 00:27:16,719
Speaker 3: us be free, like own your own masters, right, Like

555
00:27:16,760 --> 00:27:18,600
Speaker 3: that that was one of my favorite lines, right, I

556
00:27:18,640 --> 00:27:21,520
Speaker 3: own my own masses from Jay Like that's a real thing.

557
00:27:22,200 --> 00:27:24,080
Speaker 2: Yeah, I mean it's gonna be into it. That's my

558
00:27:24,160 --> 00:27:25,480
Speaker 2: prediction that.

559
00:27:27,600 --> 00:27:29,840
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Speaker 2: Whoever can make that happen right Whoever, instead of making

609
00:30:20,960 --> 00:30:23,200
Speaker 2: like you know how a boogey and them they made

610
00:30:23,240 --> 00:30:24,680
Speaker 2: a deal with Atlantic.

611
00:30:25,160 --> 00:30:27,120
Speaker 4: Be smart too, Like if you listen to this, No, no,

612
00:30:27,160 --> 00:30:27,840
Speaker 4: they are very smart.

613
00:30:27,880 --> 00:30:31,520
Speaker 2: But I'm just saying, whoever, whoever's can't can make a

614
00:30:31,600 --> 00:30:36,800
Speaker 2: deal directly with Sprint, directly with Apple, directly with Android.

615
00:30:37,360 --> 00:30:38,960
Speaker 2: That's going to be a game change it because if

616
00:30:38,960 --> 00:30:42,560
Speaker 2: you think about it, the whole platform is on your

617
00:30:42,600 --> 00:30:45,920
Speaker 2: cell phone right as far as the streaming is on,

618
00:30:46,200 --> 00:30:48,200
Speaker 2: all the apps are on your cell phone. If you

619
00:30:48,240 --> 00:30:51,320
Speaker 2: want to watch a video, YouTube is on your cell phone.

620
00:30:51,640 --> 00:30:54,000
Speaker 2: Even if you want to buy merch you can buy

621
00:30:54,040 --> 00:30:57,240
Speaker 2: that directly on your cell phone. So if you could

622
00:30:57,400 --> 00:31:00,960
Speaker 2: do a deal directly with the cell phone company, right, yeah,

623
00:31:01,000 --> 00:31:03,880
Speaker 2: and cut the record label out completely.

624
00:31:05,000 --> 00:31:06,960
Speaker 4: Right, Well that's what jay Z did, right.

625
00:31:07,320 --> 00:31:09,040
Speaker 2: Well, he did do that. Yeah, he did do that.

626
00:31:09,120 --> 00:31:10,880
Speaker 2: He did do that, but that was a one time.

627
00:31:10,920 --> 00:31:11,640
Speaker 2: That was a one off.

628
00:31:11,720 --> 00:31:13,480
Speaker 3: But but that's what I'm saying that that might that

629
00:31:13,560 --> 00:31:15,720
Speaker 3: plans to see that, like we can do this. Like

630
00:31:15,800 --> 00:31:19,320
Speaker 3: so like when he says, I'm putting out I think

631
00:31:19,320 --> 00:31:20,400
Speaker 3: it was Magna carta.

632
00:31:20,640 --> 00:31:23,720
Speaker 2: Magna carta, explain people, I don't know, so magnimum.

633
00:31:23,840 --> 00:31:27,520
Speaker 3: So magna carter he uh, he starts putting these commercials

634
00:31:27,520 --> 00:31:31,680
Speaker 3: out during the NBA Finals, right and he uh Sprint says, listen,

635
00:31:31,760 --> 00:31:35,440
Speaker 3: we're giving the first million subscribers to Sprint the album

636
00:31:35,480 --> 00:31:35,840
Speaker 3: for free.

637
00:31:36,320 --> 00:31:39,520
Speaker 4: Right, So he's putting that right to the phone company.

638
00:31:39,600 --> 00:31:42,200
Speaker 3: If you have Sprint, like most people do, a lot

639
00:31:42,200 --> 00:31:45,040
Speaker 3: of people do, they get the album for free. When

640
00:31:45,040 --> 00:31:48,000
Speaker 3: it comes to sound Scan, that's a million albums sold, right,

641
00:31:48,280 --> 00:31:49,680
Speaker 3: and so SoundScan tried but.

642
00:31:49,640 --> 00:31:51,760
Speaker 2: They said they said so, they say they said that

643
00:31:51,800 --> 00:31:54,480
Speaker 2: he cheated. Yeah, you cheat it because like you said,

644
00:31:54,480 --> 00:31:56,800
Speaker 2: it was the first million people that signed up for

645
00:31:56,880 --> 00:31:59,960
Speaker 2: that promo deal got the album for free on their phone, right,

646
00:32:00,440 --> 00:32:03,920
Speaker 2: But it's not cheating because whether they wanted it or not,

647
00:32:03,920 --> 00:32:04,600
Speaker 2: they still got it.

648
00:32:04,640 --> 00:32:06,280
Speaker 4: Did the consumer get that exactly?

649
00:32:06,400 --> 00:32:08,239
Speaker 2: But that's the power of going direcord to the cell

650
00:32:08,280 --> 00:32:10,800
Speaker 2: phone company, right, he did. I forgot he did that.

651
00:32:10,840 --> 00:32:14,160
Speaker 2: He did do that, and that was powerful because he

652
00:32:14,200 --> 00:32:16,120
Speaker 2: came out the gate and sold a million records before

653
00:32:16,520 --> 00:32:18,120
Speaker 2: day one, he sold a million records. Right, So now

654
00:32:18,240 --> 00:32:19,120
Speaker 2: I was telling any records.

655
00:32:19,160 --> 00:32:21,720
Speaker 3: And that's what I'm saying this when we post I

656
00:32:21,800 --> 00:32:24,240
Speaker 3: posed a question earlier. Are we learning more from the music?

657
00:32:24,240 --> 00:32:25,880
Speaker 3: Are we learning more from where we're going to school?

658
00:32:25,880 --> 00:32:28,480
Speaker 3: It's like, now we learned from both, right, because like

659
00:32:28,880 --> 00:32:32,680
Speaker 3: that's twenty thirteen, right, But five years from now, what

660
00:32:32,720 --> 00:32:35,520
Speaker 3: if that does happen, right, like, people probably will forget.

661
00:32:35,600 --> 00:32:39,120
Speaker 3: It's like I compare it to when Prince Right, we

662
00:32:39,160 --> 00:32:42,600
Speaker 3: had this conversation with Prince decided that hey, I'm going

663
00:32:42,680 --> 00:32:45,880
Speaker 3: to take control of my own masters, Like I'm going

664
00:32:45,960 --> 00:32:51,560
Speaker 3: to sell tickets with merchandise with my album. So if

665
00:32:51,600 --> 00:32:53,520
Speaker 3: you buy my album, you get a ticket to the

666
00:32:53,520 --> 00:32:54,720
Speaker 3: show and merchandise.

667
00:32:55,280 --> 00:32:56,520
Speaker 4: Right, And it was like.

668
00:32:56,520 --> 00:32:59,240
Speaker 3: Oh my gosh, like this guy, this is who does

669
00:32:59,240 --> 00:33:04,200
Speaker 3: he think he is right present day, Travis Scott. This

670
00:33:04,240 --> 00:33:07,920
Speaker 3: is the same thing, right, And then it's like, wait, no,

671
00:33:08,120 --> 00:33:10,440
Speaker 3: that doesn't count. How does that count? He's selling t shirts,

672
00:33:10,480 --> 00:33:12,920
Speaker 3: he's not selling albums, right, Like you know this that

673
00:33:12,920 --> 00:33:15,480
Speaker 3: shouldn't count. Nikki was right, she was mad, right, but

674
00:33:15,520 --> 00:33:19,120
Speaker 3: like no, he's just he's doing what's been done and

675
00:33:19,160 --> 00:33:22,240
Speaker 3: it's worked. It's worked because did number one thing is

676
00:33:22,320 --> 00:33:23,880
Speaker 3: did the consumer get the product?

677
00:33:24,080 --> 00:33:24,280
Speaker 4: Yeah?

678
00:33:24,320 --> 00:33:26,280
Speaker 3: They got the product and it got some merch too,

679
00:33:26,400 --> 00:33:29,800
Speaker 3: which they wear at his concerts that will sell out, right,

680
00:33:29,840 --> 00:33:34,240
Speaker 3: So like so that comparable of like hey, Prince did that,

681
00:33:34,520 --> 00:33:37,520
Speaker 3: Travis is doing it today, like Jay did that. Let's

682
00:33:37,520 --> 00:33:40,080
Speaker 3: see who comes up with the division to say, all right,

683
00:33:40,080 --> 00:33:41,200
Speaker 3: I'm gonna go that route now too.

684
00:33:42,040 --> 00:33:44,520
Speaker 2: Yeah. I think that'd be interesting. That's where that's where

685
00:33:44,520 --> 00:33:47,000
Speaker 2: I personally see his headed. I may be wrong, but

686
00:33:47,520 --> 00:33:49,400
Speaker 2: because like I said, I mean, your cell phone is

687
00:33:49,400 --> 00:33:52,520
Speaker 2: the most powerful thing in the world, right, Yeah, And

688
00:33:52,600 --> 00:33:56,360
Speaker 2: everything that you need pretty much in life, you can

689
00:33:56,760 --> 00:34:00,680
Speaker 2: access via your cell phone. So being that they had

690
00:34:00,680 --> 00:34:03,640
Speaker 2: that much power, I think that it's time for the

691
00:34:03,760 --> 00:34:06,880
Speaker 2: artists smart enough, Yeah, smart enough?

692
00:34:07,960 --> 00:34:08,120
Speaker 4: Man?

693
00:34:08,560 --> 00:34:10,600
Speaker 3: Just really quick back to the eight boogie thing like

694
00:34:11,320 --> 00:34:13,440
Speaker 3: and it's just that I know the headline was like

695
00:34:13,480 --> 00:34:16,600
Speaker 3: eight boogie Tales, eight hundred and twenty three albums, but they.

696
00:34:16,440 --> 00:34:17,560
Speaker 4: Were like, oh, that's the lowest.

697
00:34:17,640 --> 00:34:20,160
Speaker 3: But part of the story too, is like two weeks

698
00:34:20,200 --> 00:34:24,320
Speaker 3: ago twenty one Savage was the lowest with three thousand copies, right,

699
00:34:24,400 --> 00:34:26,479
Speaker 3: so like he's had the number one album, he only.

700
00:34:26,400 --> 00:34:28,640
Speaker 2: Sold three thousand, So eventually headed to a point like

701
00:34:28,760 --> 00:34:30,600
Speaker 2: it'll be two, right or not?

702
00:34:30,719 --> 00:34:34,040
Speaker 3: No, there was no physical copies, Like, because you tell

703
00:34:34,080 --> 00:34:35,440
Speaker 3: me where to go buy at.

704
00:34:35,280 --> 00:34:36,080
Speaker 4: A physical copy?

705
00:34:36,560 --> 00:34:37,520
Speaker 2: Can you buy that Walmart?

706
00:34:38,760 --> 00:34:41,240
Speaker 4: Maybe maybe they took.

707
00:34:41,080 --> 00:34:43,000
Speaker 2: Well, like he said, he didn't even put out physical.

708
00:34:42,760 --> 00:34:44,440
Speaker 4: Exactly, So I'm like, where did they even get eight

709
00:34:44,520 --> 00:34:45,000
Speaker 4: hundred folk?

710
00:34:46,239 --> 00:34:49,160
Speaker 2: Okay? Yeah, all right, all right, all right, So we

711
00:34:49,200 --> 00:34:50,879
Speaker 2: talked about music for a little bit. So let's let's

712
00:34:50,880 --> 00:34:55,080
Speaker 2: switch topics. Now, let's go into entertainment. Yeah, let's go

713
00:34:55,120 --> 00:34:59,239
Speaker 2: into entertainment because it's almost Oscar season.

714
00:34:59,080 --> 00:35:00,439
Speaker 4: Yeah, Golden Global season.

715
00:35:00,520 --> 00:35:06,040
Speaker 2: Ye, So I want to talk about the Oscars. Yeah,

716
00:35:06,080 --> 00:35:10,279
Speaker 2: So obviously what's been going on with the Oscars most

717
00:35:10,280 --> 00:35:11,880
Speaker 2: people have been talking about with the Kevin Hart thing,

718
00:35:11,960 --> 00:35:15,680
Speaker 2: right as far as they asked him to do it,

719
00:35:15,960 --> 00:35:18,000
Speaker 2: then they found some tweets from a couple of years ago.

720
00:35:19,040 --> 00:35:21,600
Speaker 2: Then they kind of took pulled the offer bag.

721
00:35:22,239 --> 00:35:23,719
Speaker 4: He's on I'm sorry toy right now.

722
00:35:23,760 --> 00:35:27,200
Speaker 2: But then then he apologized and they asked him to

723
00:35:27,239 --> 00:35:29,439
Speaker 2: come back, and then he didn't want to come back.

724
00:35:30,120 --> 00:35:31,560
Speaker 4: So it was like a whole campaign.

725
00:35:31,600 --> 00:35:34,960
Speaker 2: But every year, it seemed like every single year there's

726
00:35:34,960 --> 00:35:39,600
Speaker 2: always some controversy with the Oscars the Grammys. Like last

727
00:35:39,640 --> 00:35:42,320
Speaker 2: year it was the last year with Will Smith, with Jada,

728
00:35:42,520 --> 00:35:44,000
Speaker 2: they boycotted.

729
00:35:43,960 --> 00:35:47,920
Speaker 4: The Grammys the Oscars, maybe because he.

730
00:35:47,840 --> 00:35:50,279
Speaker 2: Didn't get nominated. She wanted him to get nominated and

731
00:35:50,320 --> 00:35:52,560
Speaker 2: he didn't get nominated, and it was like a boycott.

732
00:35:52,920 --> 00:35:54,400
Speaker 4: I see it, well, I see it more happening in the

733
00:35:54,480 --> 00:35:55,239
Speaker 4: music right.

734
00:35:55,680 --> 00:35:57,560
Speaker 2: Well. The thing about it was it was that movie

735
00:35:57,560 --> 00:36:01,480
Speaker 2: when he was the doctor for the Football Player. Yeah, yeah,

736
00:36:01,480 --> 00:36:03,799
Speaker 2: and she had a whole thing and she was boycotting

737
00:36:03,800 --> 00:36:05,480
Speaker 2: because she was like, you know, we're not getting represented,

738
00:36:05,480 --> 00:36:07,520
Speaker 2: we're not getting enough Oscar right, and every single thing.

739
00:36:07,560 --> 00:36:08,319
Speaker 2: It's always a big deal.

740
00:36:08,360 --> 00:36:11,280
Speaker 3: So then they try to take steps, Oh well, instead

741
00:36:11,280 --> 00:36:13,800
Speaker 3: of five people being nominated, we'll make it to eight people.

742
00:36:14,040 --> 00:36:16,120
Speaker 4: We'll make it to eight films being no exactly.

743
00:36:16,239 --> 00:36:21,160
Speaker 2: So going back to the rap line. Twenty years ago,

744
00:36:21,280 --> 00:36:25,480
Speaker 2: Jay Z had a legendary song called money Ain't a Thing, Yeah,

745
00:36:26,080 --> 00:36:29,240
Speaker 2: And in that song he has the line where he says,

746
00:36:29,719 --> 00:36:34,319
Speaker 2: save all the accolades, just to do right. So that's

747
00:36:34,360 --> 00:36:37,360
Speaker 2: an interesting lyric to me because it feels like, especially

748
00:36:37,480 --> 00:36:44,520
Speaker 2: our culture, we need validation more than money. It's like,

749
00:36:44,560 --> 00:36:46,040
Speaker 2: it's it's interesting, right we have.

750
00:36:46,080 --> 00:36:47,480
Speaker 4: We want to fit like we've made it.

751
00:36:47,560 --> 00:36:50,960
Speaker 2: We always wanted like that validation of I need an Oscar,

752
00:36:51,160 --> 00:36:53,840
Speaker 2: I need a Grammy, I need a Golden glove globe.

753
00:36:55,200 --> 00:36:57,680
Speaker 2: But it's like, why do you need that? So we

754
00:36:57,719 --> 00:37:03,479
Speaker 2: did the research actually on the time ten highest paid

755
00:37:03,520 --> 00:37:07,799
Speaker 2: actors in twenty and seventeen from on Forbes list. And

756
00:37:07,840 --> 00:37:10,480
Speaker 2: the interesting thing about it is that out of the

757
00:37:10,520 --> 00:37:14,600
Speaker 2: top ten actors, only one of them has an Oscar.

758
00:37:15,320 --> 00:37:16,120
Speaker 4: Right, so.

759
00:37:17,560 --> 00:37:21,320
Speaker 2: Chris Evans was number ten. He made thirty four million.

760
00:37:21,800 --> 00:37:23,920
Speaker 3: That is for people who don't know who Chris Evans is,

761
00:37:23,960 --> 00:37:26,080
Speaker 3: that's Captain America from.

762
00:37:26,080 --> 00:37:31,759
Speaker 2: The Avengers thirty four million no Oscar. Salmon Khan is

763
00:37:31,760 --> 00:37:35,080
Speaker 2: a Bollywood actor from India. He made thirty eight million

764
00:37:35,840 --> 00:37:40,919
Speaker 2: no Oscar Adam Sandler. People don't understand how much money

765
00:37:40,960 --> 00:37:43,720
Speaker 2: Adam Sandler made. Like it's crazy. Adam Sandler made thirty

766
00:37:43,800 --> 00:37:46,200
Speaker 2: nine million dollars. I have no idea.

767
00:37:46,200 --> 00:37:48,719
Speaker 4: I'm not even sure I would have assumed that. I

768
00:37:48,760 --> 00:37:49,479
Speaker 4: know he did a next.

769
00:37:49,400 --> 00:37:52,000
Speaker 2: Fleix, Netflix he made, he made off a Netflix.

770
00:37:52,280 --> 00:37:53,400
Speaker 4: Two movies on Netflix.

771
00:37:53,680 --> 00:37:54,480
Speaker 2: Can you name him?

772
00:37:54,640 --> 00:37:56,160
Speaker 4: No? I can't.

773
00:37:56,200 --> 00:37:58,719
Speaker 3: You know what I had this conversation. I can't name

774
00:37:58,760 --> 00:38:00,560
Speaker 3: the last good Adam Sailing film.

775
00:38:00,600 --> 00:38:04,000
Speaker 2: I can't remain I can't name a good Adam Sandler film.

776
00:38:04,120 --> 00:38:05,560
Speaker 4: I think Happy Gilmore was all right?

777
00:38:06,200 --> 00:38:06,560
Speaker 2: Uh?

778
00:38:06,680 --> 00:38:08,640
Speaker 4: Big was it? Big brother was a big brother when

779
00:38:08,680 --> 00:38:10,400
Speaker 4: he had to look at that was the right homing

780
00:38:10,360 --> 00:38:11,440
Speaker 4: on fifteen years.

781
00:38:11,200 --> 00:38:15,920
Speaker 2: Now, fifteen twenty. He made forty million dollars.

782
00:38:16,040 --> 00:38:18,600
Speaker 4: Yeah, yeah, quietly, ash.

783
00:38:18,800 --> 00:38:22,440
Speaker 2: Ashay Kumar, I've never heard of him. You've heard of

784
00:38:22,480 --> 00:38:24,520
Speaker 2: him before, never heard of him. He made forty million,

785
00:38:24,560 --> 00:38:25,320
Speaker 2: he's number seven.

786
00:38:25,520 --> 00:38:25,920
Speaker 4: Yeah.

787
00:38:26,440 --> 00:38:29,040
Speaker 2: Will Smith made forty two million dollars right at number

788
00:38:29,080 --> 00:38:30,040
Speaker 2: at number six.

789
00:38:29,920 --> 00:38:33,640
Speaker 4: No Oscar, no Oscar, A few nominations. Do you know

790
00:38:33,680 --> 00:38:37,240
Speaker 4: what movie he put He put out a bright.

791
00:38:37,040 --> 00:38:40,239
Speaker 2: Last year on Netflix on Netflix. Yeah. Netflix. That's a

792
00:38:40,239 --> 00:38:45,680
Speaker 2: whole different conversation. That game changer, definitely game changer.

793
00:38:45,480 --> 00:38:47,960
Speaker 3: Definitely, and especially the success they just had at the

794
00:38:48,040 --> 00:38:50,640
Speaker 3: end of the year were Birdbox that changed for the.

795
00:38:50,560 --> 00:38:55,800
Speaker 2: Box game changer. Yeah, Jackie Jackie Chan is number. Jackie

796
00:38:55,840 --> 00:38:57,959
Speaker 2: Chan made forty five million dollars last year.

797
00:38:59,040 --> 00:39:04,120
Speaker 3: Yeah, I don't know, you know what. So like Jackie Chan,

798
00:39:04,239 --> 00:39:07,239
Speaker 3: somebody's gonna be like, he got an Oscar. So, yeah, they

799
00:39:07,280 --> 00:39:11,400
Speaker 3: gave him an Oscar honorary. It's not a real he

800
00:39:11,480 --> 00:39:14,040
Speaker 3: has two hundred films. They're like, you know what, Jackie

801
00:39:14,120 --> 00:39:16,440
Speaker 3: twenty sixteen, this is yeah, yeah, man, we're gonna give

802
00:39:16,440 --> 00:39:16,680
Speaker 3: you one.

803
00:39:16,880 --> 00:39:18,160
Speaker 4: So he has an honorary Oscar.

804
00:39:18,600 --> 00:39:23,200
Speaker 2: Jackie Chan forty million, made forty five million dollars. Can

805
00:39:23,239 --> 00:39:23,680
Speaker 2: you name a.

806
00:39:23,640 --> 00:39:26,520
Speaker 4: Movie he was in out you mean outside of Russia?

807
00:39:27,080 --> 00:39:32,160
Speaker 2: No, last twenty seventeen. Nah? Nah Kong Fu Yoga?

808
00:39:32,360 --> 00:39:35,240
Speaker 4: Oh oh no, I thought not Kong Flu Banda.

809
00:39:35,280 --> 00:39:42,040
Speaker 2: No, Kong Fu Yoga, The Foreigner and all the other

810
00:39:42,120 --> 00:39:43,480
Speaker 2: money came from endorsement deals.

811
00:39:43,560 --> 00:39:47,560
Speaker 4: Okay, that makes sense. Forty five man.

812
00:39:47,719 --> 00:39:52,799
Speaker 2: Go figure. Yeah, Chris Haynesworth made sixty four million, So.

813
00:39:52,840 --> 00:39:57,000
Speaker 3: Chris Haynesworth is thoring the Avengers. I'm gonna We're starting

814
00:39:57,040 --> 00:39:57,960
Speaker 3: to see a pattern.

815
00:39:59,400 --> 00:40:01,920
Speaker 2: Robert Downey made eighty one million.

816
00:40:01,920 --> 00:40:04,840
Speaker 4: And he is iron Man any Avengers, So at this point, I.

817
00:40:04,800 --> 00:40:07,680
Speaker 2: Don't think people fully understand how much money Robert Downey Jr.

818
00:40:07,760 --> 00:40:08,880
Speaker 2: Has made his career.

819
00:40:08,920 --> 00:40:11,960
Speaker 3: I mean, he demanded fifty million for the film for

820
00:40:12,000 --> 00:40:14,480
Speaker 3: the last one, So any sequels is just like I

821
00:40:14,480 --> 00:40:16,080
Speaker 3: would imagine it would be different.

822
00:40:16,120 --> 00:40:17,760
Speaker 4: You can't do the movie without iron.

823
00:40:17,520 --> 00:40:19,440
Speaker 2: Man, Hollywood. It's different type of money.

824
00:40:19,640 --> 00:40:22,040
Speaker 4: The Avengers, the Marble is different type of money right now.

825
00:40:22,280 --> 00:40:28,400
Speaker 2: Different. Number two is the Rock Dwayne Johnson. Yeah, he

826
00:40:28,480 --> 00:40:30,879
Speaker 2: made one hundred and twenty four million last year.

827
00:40:31,000 --> 00:40:35,440
Speaker 3: Yeah. A lot of films, a lot of films.

828
00:40:35,239 --> 00:40:38,839
Speaker 4: They all look like that's the one that doesn't look

829
00:40:38,880 --> 00:40:39,200
Speaker 4: like the same.

830
00:40:39,520 --> 00:40:41,439
Speaker 3: Every film that he seems like he's in he's jumping

831
00:40:41,480 --> 00:40:44,600
Speaker 3: out of a building or he's like swimming with an.

832
00:40:44,560 --> 00:40:46,360
Speaker 2: Allegy went Oscar for Jumanji.

833
00:40:46,640 --> 00:40:50,799
Speaker 3: Think no, he will win our Kids Herds Kids' Choice Awards, Nickelodeon.

834
00:40:50,840 --> 00:40:51,399
Speaker 4: You'll get that.

835
00:40:51,520 --> 00:40:53,359
Speaker 2: The number one on the list.

836
00:40:53,360 --> 00:40:54,319
Speaker 4: They're not going to get this one.

837
00:40:54,360 --> 00:40:57,960
Speaker 2: George Clooney, who made two hundred and thirty nine million dollars.

838
00:40:58,080 --> 00:41:01,359
Speaker 2: Now that's interesting because he does he's the only one

839
00:41:01,360 --> 00:41:05,520
Speaker 2: with an Oscar. Yeah, but he it didn't make any

840
00:41:05,520 --> 00:41:06,800
Speaker 2: money off of films.

841
00:41:07,080 --> 00:41:11,000
Speaker 3: Right, So the Oscar was in two thousand and five,

842
00:41:11,360 --> 00:41:19,279
Speaker 3: I believe, for Sirianna, and then in twenty thirteen for Argo, right.

843
00:41:19,080 --> 00:41:21,920
Speaker 2: Right, So he made two hundred and thirty nine million

844
00:41:22,000 --> 00:41:26,000
Speaker 2: from selling a tequila company. Yea, yeah, yeah, they sold

845
00:41:26,040 --> 00:41:28,719
Speaker 2: the company for seven hundred million. He made two hundred

846
00:41:28,760 --> 00:41:29,560
Speaker 2: and thirty nine million.

847
00:41:29,400 --> 00:41:32,120
Speaker 3: Off of the company's name is let me get you

848
00:41:32,120 --> 00:41:33,359
Speaker 3: George Colin's Company's name?

849
00:41:35,680 --> 00:41:38,200
Speaker 4: It is? It is? It is Cosa.

850
00:41:37,920 --> 00:41:43,640
Speaker 2: Migossos now, so so this is interesting. So all right,

851
00:41:43,680 --> 00:41:47,520
Speaker 2: out of the top ten actors, a none of them

852
00:41:47,520 --> 00:41:53,040
Speaker 2: are female. That's a different conversation altogether. But one of

853
00:41:53,080 --> 00:41:57,640
Speaker 2: them has has an Oscar one right, So of the

854
00:41:57,640 --> 00:42:03,200
Speaker 2: top ten Oscar winning actors of twenty seventeen did not

855
00:42:03,520 --> 00:42:08,600
Speaker 2: have an Oscar. And I've never heard Jackie Chan complain

856
00:42:08,640 --> 00:42:11,000
Speaker 2: about not getting oscar. Maybe he has, I just never

857
00:42:11,040 --> 00:42:13,000
Speaker 2: heard it.

858
00:42:12,239 --> 00:42:14,080
Speaker 3: The top twenty list. If we extended the list, it

859
00:42:14,120 --> 00:42:17,200
Speaker 3: would only make it too. I think Matt Damon will

860
00:42:17,239 --> 00:42:19,760
Speaker 3: be like number sixteen, and he has one for Goodwill hunting.

861
00:42:19,920 --> 00:42:24,400
Speaker 2: So do we want validation or do we want money?

862
00:42:25,480 --> 00:42:27,440
Speaker 2: Or do we want people to come see our films.

863
00:42:27,480 --> 00:42:30,440
Speaker 2: We gotta start asking these questions because it's like, ultimately,

864
00:42:31,040 --> 00:42:35,160
Speaker 2: I don't understand why, like you people, they've treated you

865
00:42:35,239 --> 00:42:38,120
Speaker 2: bad for how long? And you keep holding out hope

866
00:42:38,160 --> 00:42:39,880
Speaker 2: it hurt our hearts that this is going to be

867
00:42:39,880 --> 00:42:41,520
Speaker 2: the year like this, this is gonna be the year

868
00:42:41,560 --> 00:42:42,399
Speaker 2: where I get treated better.

869
00:42:42,400 --> 00:42:44,480
Speaker 3: We watched jay Z Go for eight at the Grammy

870
00:42:44,600 --> 00:42:46,399
Speaker 3: and we're like, ah again.

871
00:42:46,200 --> 00:42:51,200
Speaker 2: No, It's like I feel like why why, Like you know,

872
00:42:51,200 --> 00:42:54,600
Speaker 2: I mean, like why do we care so much about

873
00:42:54,680 --> 00:42:58,560
Speaker 2: the validation And it's not like that validation actually really

874
00:42:58,600 --> 00:43:02,680
Speaker 2: even means anything financially, because there's a whole list of

875
00:43:02,840 --> 00:43:06,200
Speaker 2: people who have won an Oscar and their career went

876
00:43:06,360 --> 00:43:08,320
Speaker 2: in the total opposite direction.

877
00:43:08,440 --> 00:43:11,400
Speaker 3: So like the average person, average male, who wins an Oscar,

878
00:43:11,920 --> 00:43:15,080
Speaker 3: their average next movie or the next year of income

879
00:43:15,719 --> 00:43:18,000
Speaker 3: increases by four million, which is a lot.

880
00:43:18,040 --> 00:43:20,520
Speaker 4: But the movies don't do well like they could get

881
00:43:20,520 --> 00:43:21,440
Speaker 4: paid to do the movie.

882
00:43:21,360 --> 00:43:24,480
Speaker 2: Or even your career, like your career. So these are

883
00:43:24,480 --> 00:43:26,600
Speaker 2: a couple of people that suffered the Oscar curves.

884
00:43:27,080 --> 00:43:31,920
Speaker 4: Holle Berry and we love halle Berry. Let's yeah, no

885
00:43:32,080 --> 00:43:33,480
Speaker 4: disrespect that he love everybody.

886
00:43:33,480 --> 00:43:37,239
Speaker 2: But she wanted for Oscar for monsters. What has she

887
00:43:37,280 --> 00:43:37,800
Speaker 2: done since?

888
00:43:38,480 --> 00:43:42,160
Speaker 4: So? So she got paid right to do.

889
00:43:42,320 --> 00:43:44,560
Speaker 3: I think she got maybe a million dollars right, So

890
00:43:44,719 --> 00:43:47,600
Speaker 3: her next film next that next year she put out Catwoman.

891
00:43:48,440 --> 00:43:51,520
Speaker 3: Now I'm not sure if people remember that right as

892
00:43:51,560 --> 00:43:55,160
Speaker 3: a legendary movie. But you know what, she's still putting

893
00:43:55,200 --> 00:43:57,680
Speaker 3: our movie. She was a part of the original Sony

894
00:43:57,920 --> 00:44:00,960
Speaker 3: X Men. She was storing remember that, Yeah, and then

895
00:44:01,080 --> 00:44:02,840
Speaker 3: Marvel took over that and they said, all right, this

896
00:44:02,960 --> 00:44:05,719
Speaker 3: is x Men now, so she was Storm and x

897
00:44:05,800 --> 00:44:08,759
Speaker 3: Men and then I think even yesterday she put out

898
00:44:09,520 --> 00:44:11,399
Speaker 3: a clip she's gonna be in john Wick three.

899
00:44:11,920 --> 00:44:13,000
Speaker 4: So she's still working.

900
00:44:13,800 --> 00:44:16,080
Speaker 3: But we're not you know, like you would think like

901
00:44:16,120 --> 00:44:19,560
Speaker 3: when somebody performs at a high level and gets a Grammy,

902
00:44:19,640 --> 00:44:22,520
Speaker 3: like the next thing is that Oscar ask I'm sorry

903
00:44:22,640 --> 00:44:24,879
Speaker 3: they continue that high level of performance and we haven't

904
00:44:24,920 --> 00:44:25,319
Speaker 3: seen that.

905
00:44:26,120 --> 00:44:34,640
Speaker 4: We haven't love Cally, Barry Cuba, Jr. Oh Man, he's.

906
00:44:34,120 --> 00:44:36,400
Speaker 2: I think his most notable role. So he won the

907
00:44:36,480 --> 00:44:40,560
Speaker 2: Oscar for Jerry mcguid. That was twenty five years ago,

908
00:44:41,040 --> 00:44:42,759
Speaker 2: like at least twenty years I was like twenty years

909
00:44:42,800 --> 00:44:46,960
Speaker 2: ago years, Yeah, the only thing I remember for him since.

910
00:44:46,719 --> 00:44:49,600
Speaker 4: In the past. He was great in that.

911
00:44:49,760 --> 00:44:51,480
Speaker 2: I didn't even see it, but I just know he.

912
00:44:51,440 --> 00:44:51,960
Speaker 4: Was great in that.

913
00:44:52,440 --> 00:44:55,319
Speaker 3: He might have got nominated for that on Lifetime. No, no, man,

914
00:44:55,320 --> 00:44:57,200
Speaker 3: that was Fax. It was good on that. I thought

915
00:44:57,239 --> 00:44:59,400
Speaker 3: you were going to say he's known for being in

916
00:44:59,440 --> 00:45:00,920
Speaker 3: the club with of the bucket on this head.

917
00:45:00,920 --> 00:45:03,480
Speaker 4: Oh no, we can't forget that.

918
00:45:04,280 --> 00:45:06,759
Speaker 2: His career has not skyrocketed since it has been.

919
00:45:07,320 --> 00:45:07,840
Speaker 4: It hasn't.

920
00:45:08,040 --> 00:45:13,359
Speaker 2: It hasn't good, Marissa Tomay, you.

921
00:45:13,280 --> 00:45:16,040
Speaker 3: Gotta explain that. So Marissa Tomay, people don't even know

922
00:45:16,040 --> 00:45:16,440
Speaker 3: who that is.

923
00:45:16,440 --> 00:45:16,880
Speaker 2: Who she is?

924
00:45:17,120 --> 00:45:17,239
Speaker 4: Right?

925
00:45:19,480 --> 00:45:23,719
Speaker 3: So, like any she originally starts on the Cosby Show. Yeah,

926
00:45:23,760 --> 00:45:24,799
Speaker 3: she was on the Cosby Show.

927
00:45:25,160 --> 00:45:26,160
Speaker 2: Was she on the Cosby Show?

928
00:45:26,200 --> 00:45:28,320
Speaker 4: She was a gold looking She's on the Cosby Shows.

929
00:45:28,320 --> 00:45:31,279
Speaker 3: That's where she gets her start and then wins an

930
00:45:31,280 --> 00:45:33,680
Speaker 3: Oscar for my cousin Vinnie with Joe Pesci. It's like

931
00:45:33,800 --> 00:45:37,560
Speaker 3: ninety two years ago. Yeah, ninety two and we haven't

932
00:45:37,800 --> 00:45:38,920
Speaker 3: I don't know what have you seen her?

933
00:45:39,960 --> 00:45:40,600
Speaker 4: We saw her.

934
00:45:40,880 --> 00:45:44,040
Speaker 3: She's in She's Spider Man's mom in The New Spider

935
00:45:44,080 --> 00:45:52,120
Speaker 3: Man's Adrian Brody. Yeah, who is he? He won for

936
00:45:52,200 --> 00:45:55,319
Speaker 3: the pianist, I believe what has he done? Since you

937
00:45:55,360 --> 00:45:57,440
Speaker 3: know what he did right after that? I think King

938
00:45:57,520 --> 00:46:01,640
Speaker 3: Kong and that was a flyph done since I don't know,

939
00:46:01,920 --> 00:46:02,120
Speaker 3: you know.

940
00:46:02,800 --> 00:46:06,239
Speaker 2: So, So this just proved my point that we just

941
00:46:06,360 --> 00:46:10,239
Speaker 2: named ten actors that made a boatload of money that

942
00:46:10,320 --> 00:46:14,319
Speaker 2: will probably never get an Oscar. We just named four

943
00:46:15,239 --> 00:46:18,680
Speaker 2: that one in Oscar that it did nothing for their career.

944
00:46:19,200 --> 00:46:22,360
Speaker 2: It actually might even hurt their career. So why we

945
00:46:22,400 --> 00:46:25,200
Speaker 2: got to start asking questions like why do we still

946
00:46:25,280 --> 00:46:28,320
Speaker 2: hold these awards as such high regard. Of course, everybody

947
00:46:28,360 --> 00:46:32,080
Speaker 2: wants to be acknowledged for their talent, for their contribution

948
00:46:32,200 --> 00:46:35,160
Speaker 2: as human it is human nature to be to want

949
00:46:35,200 --> 00:46:38,600
Speaker 2: to have some validation. But what is that worth?

950
00:46:38,960 --> 00:46:41,200
Speaker 3: I think that the I mean, if we break down

951
00:46:41,239 --> 00:46:43,520
Speaker 3: the Oscar itself, I mean it's a trophy that costs

952
00:46:43,520 --> 00:46:46,960
Speaker 3: four hundred dollars, I think the most valuable thing that

953
00:46:47,000 --> 00:46:50,520
Speaker 3: it does provide is notoriety for the most part. Like

954
00:46:50,520 --> 00:46:53,000
Speaker 3: we can't put a price tag on notoriety, right, So

955
00:46:53,040 --> 00:46:56,680
Speaker 3: like there are actors that like, wait, who is this person?

956
00:46:56,760 --> 00:46:58,080
Speaker 4: Or who it brings a tench But.

957
00:46:58,040 --> 00:47:00,120
Speaker 2: There's actors that won in Oscar that you never. You

958
00:47:00,120 --> 00:47:02,960
Speaker 2: will never know the rock walks into this room right now.

959
00:47:03,000 --> 00:47:06,279
Speaker 2: Everybody knows, Righty's true, you'll never They'll probably never win

960
00:47:06,320 --> 00:47:06,720
Speaker 2: an oscar.

961
00:47:06,800 --> 00:47:07,319
Speaker 4: This is true.

962
00:47:07,560 --> 00:47:10,600
Speaker 2: Kevin Hart has never won an oscar. True, everybody knows

963
00:47:10,600 --> 00:47:11,120
Speaker 2: who he is.

964
00:47:11,280 --> 00:47:11,520
Speaker 4: Right.

965
00:47:12,160 --> 00:47:14,040
Speaker 3: But to the person who doesn't, like you know what

966
00:47:14,040 --> 00:47:17,400
Speaker 3: I mean, like some of these films we've never seen, right, Like,

967
00:47:17,560 --> 00:47:21,120
Speaker 3: every time there's the nominations come out, there's at least

968
00:47:21,239 --> 00:47:22,840
Speaker 3: like out of the five or eight.

969
00:47:23,120 --> 00:47:25,799
Speaker 4: It's like six, and I'm like, when did that even

970
00:47:25,840 --> 00:47:28,360
Speaker 4: come out? I never saw that? Right? Like?

971
00:47:28,480 --> 00:47:33,160
Speaker 2: So, so the question is, so it accolades just to do,

972
00:47:33,480 --> 00:47:35,439
Speaker 2: just to do? Right? Is it that? Do we want?

973
00:47:35,560 --> 00:47:35,719
Speaker 4: Do?

974
00:47:36,080 --> 00:47:38,720
Speaker 2: Is it that? Or is it validation at all courts?

975
00:47:38,800 --> 00:47:39,560
Speaker 4: I don't know, man.

976
00:47:39,680 --> 00:47:42,239
Speaker 3: I mean if you look at a movie like Black Panther, right,

977
00:47:42,680 --> 00:47:45,239
Speaker 3: like the number three selling.

978
00:47:44,960 --> 00:47:47,480
Speaker 2: Movie exactly, that's a perfect example. So that's gonna be

979
00:47:47,520 --> 00:47:47,799
Speaker 2: up this.

980
00:47:47,800 --> 00:47:50,239
Speaker 3: Year, right, it shipped, Well, the nominations will be coming

981
00:47:50,239 --> 00:47:51,399
Speaker 3: out swing for.

982
00:47:51,320 --> 00:47:52,680
Speaker 4: Golden Globes, let's say eight.

983
00:47:53,080 --> 00:47:55,520
Speaker 2: Hypothetically it doesn't win, right, there's gonna be a lot

984
00:47:55,520 --> 00:47:59,960
Speaker 2: of backlash then who cares? It was obviously a great movie.

985
00:48:00,239 --> 00:48:02,680
Speaker 2: It got supported it was the number one movie of

986
00:48:02,719 --> 00:48:08,520
Speaker 2: the year. So that's that's validation, right, right, Like that's

987
00:48:08,560 --> 00:48:09,799
Speaker 2: the validation that you should look for.

988
00:48:10,040 --> 00:48:11,640
Speaker 4: Do we need? Like that's what I'm saying.

989
00:48:11,640 --> 00:48:13,160
Speaker 3: It used to me something when you went into the

990
00:48:13,200 --> 00:48:16,520
Speaker 3: store and it said, like I still remember buying Casino

991
00:48:16,640 --> 00:48:20,080
Speaker 3: and it was like Academy Award nominee Joe Pesci And

992
00:48:20,160 --> 00:48:23,000
Speaker 3: I'm like that meant something. But there's no physical copies

993
00:48:23,040 --> 00:48:25,680
Speaker 3: to buy these things. People stream even the movies. Now

994
00:48:25,719 --> 00:48:28,680
Speaker 3: there's no store to buy amen, Like that looks good

995
00:48:28,680 --> 00:48:32,640
Speaker 3: on a title like Academy Award winner. I'm like, all right,

996
00:48:32,680 --> 00:48:35,239
Speaker 3: well let me check this out, I guess, but like

997
00:48:35,560 --> 00:48:37,759
Speaker 3: that's not gonna take anything from Black Panther. Like if

998
00:48:37,800 --> 00:48:43,320
Speaker 3: it doesn't say Academy Award Best Picture or Best Supporting

999
00:48:43,400 --> 00:48:46,439
Speaker 3: Actor Michael B. Jordan, Like that doesn't change the movie.

1000
00:48:46,480 --> 00:48:48,279
Speaker 3: Like my kids are still gonna want to watch it.

1001
00:48:48,280 --> 00:48:51,879
Speaker 3: It doesn't change it. Right, It's still Black Panther with

1002
00:48:52,000 --> 00:48:52,840
Speaker 3: or without an.

1003
00:48:52,680 --> 00:48:55,719
Speaker 4: Oscar, Right, So what's the value of it?

1004
00:48:55,760 --> 00:48:56,920
Speaker 2: What is the value of here?

1005
00:48:57,040 --> 00:48:59,840
Speaker 3: And you said something important too, man, Like none of

1006
00:48:59,840 --> 00:49:03,799
Speaker 3: those of the top ten with women, Like that's a

1007
00:49:03,840 --> 00:49:07,800
Speaker 3: whole nother conversation, right, that wage gap, Right, the average

1008
00:49:08,000 --> 00:49:09,600
Speaker 3: increase I said for a man was four million, The

1009
00:49:09,640 --> 00:49:12,720
Speaker 3: average increase for a woman's five hundred thousand, five hundred thousand.

1010
00:49:13,400 --> 00:49:17,080
Speaker 3: Like remember that we had this big debate with it

1011
00:49:17,120 --> 00:49:22,240
Speaker 3: was Nique, No Mark Wahlberg. He received like an enormous

1012
00:49:22,239 --> 00:49:23,960
Speaker 3: amount of money for being on set for a day.

1013
00:49:24,600 --> 00:49:26,400
Speaker 4: And I believe it was Hillary. It might have been

1014
00:49:26,440 --> 00:49:27,960
Speaker 4: Hillary Spaan got the was.

1015
00:49:27,880 --> 00:49:31,080
Speaker 3: There for the same day and received like one hundred

1016
00:49:31,080 --> 00:49:33,000
Speaker 3: thousand dollars or I mean like a tenth of what

1017
00:49:33,360 --> 00:49:37,319
Speaker 3: he got. And it was like wait until people started saying, hey,

1018
00:49:37,360 --> 00:49:38,759
Speaker 3: this is crazy, like what is this.

1019
00:49:39,239 --> 00:49:41,359
Speaker 4: He decided to say, Hey, I'm gonna give this money back.

1020
00:49:41,440 --> 00:49:43,880
Speaker 3: Oh, I'm gonna give it to like helping the cause

1021
00:49:44,040 --> 00:49:47,200
Speaker 3: to fight for wage equality in Hollywood.

1022
00:49:47,400 --> 00:49:48,600
Speaker 4: But that's an important thing man.

1023
00:49:48,640 --> 00:49:52,520
Speaker 2: And also the diversity on that list. So you had

1024
00:49:53,600 --> 00:50:00,360
Speaker 2: the Rock, you have Will Smith, we're black, you have

1025
00:50:00,440 --> 00:50:05,799
Speaker 2: Jackie Chan was Asian. You actually have two Indian actors, right,

1026
00:50:06,520 --> 00:50:08,839
Speaker 2: So maybe it is diverse if you think about it.

1027
00:50:08,880 --> 00:50:12,880
Speaker 4: For males. Yeah, yeah, for males. I mean from that

1028
00:50:12,960 --> 00:50:15,239
Speaker 4: list from the standpoint.

1029
00:50:15,400 --> 00:50:17,440
Speaker 2: Just a dot, that's half of the list of just.

1030
00:50:17,440 --> 00:50:19,920
Speaker 3: A dope, right when it comes to the nominations, Right,

1031
00:50:20,680 --> 00:50:22,319
Speaker 3: didn't they have Oscar so White?

1032
00:50:22,440 --> 00:50:23,759
Speaker 2: Was that years ago?

1033
00:50:23,800 --> 00:50:24,399
Speaker 4: Two years ago?

1034
00:50:24,960 --> 00:50:27,600
Speaker 2: Okay? All right, So that's the question that we have

1035
00:50:27,640 --> 00:50:28,840
Speaker 2: to we have to keep asking.

1036
00:50:29,000 --> 00:50:31,440
Speaker 4: There's a small tippic that we owned, was over us

1037
00:50:31,480 --> 00:50:32,279
Speaker 4: not overlooked? Right?

1038
00:50:32,320 --> 00:50:35,200
Speaker 3: So like George Clooney two hundred what was it, two

1039
00:50:35,239 --> 00:50:38,400
Speaker 3: hundred nine sells a liquor company.

1040
00:50:39,120 --> 00:50:40,400
Speaker 4: We've seen this in our culture.

1041
00:50:41,360 --> 00:50:44,480
Speaker 3: Yeah, right, Like we've seen this blueprint like they that

1042
00:50:44,600 --> 00:50:47,080
Speaker 3: might be a blueprint that was like, hey, I've seen

1043
00:50:47,120 --> 00:50:49,799
Speaker 3: these guys do it. Like we've seen Puff get with

1044
00:50:49,920 --> 00:50:53,319
Speaker 3: to Rok and what that's done. We've seen Jay get

1045
00:50:53,320 --> 00:50:57,240
Speaker 3: with Armadale and get with to uh as of Spade

1046
00:50:57,280 --> 00:50:59,960
Speaker 3: and now do say and what that's done? Even the

1047
00:51:00,160 --> 00:51:03,160
Speaker 3: fifty cent vitamin water deal, Like get with these beverages

1048
00:51:03,239 --> 00:51:06,719
Speaker 3: companies and hopefully it blows up and like this guy

1049
00:51:07,080 --> 00:51:10,200
Speaker 3: does it, and it's like nobody even knows. Like if you,

1050
00:51:10,360 --> 00:51:13,279
Speaker 3: if somebody was the guest, I doubt George Coyen would

1051
00:51:13,280 --> 00:51:15,080
Speaker 3: come to their mind like this dude just made two

1052
00:51:15,160 --> 00:51:18,360
Speaker 3: hundred and forty million dollars. I'm selling a beverage that

1053
00:51:18,400 --> 00:51:21,040
Speaker 3: I doubt anyone's ever tasted. I don't know anyone that's

1054
00:51:21,080 --> 00:51:25,000
Speaker 3: ever tastes I just say that, you know what anywan No, Yeah,

1055
00:51:25,120 --> 00:51:28,520
Speaker 3: I'm not a tequila drinker, so I don't know.

1056
00:51:29,120 --> 00:51:30,840
Speaker 2: But how many deals are done like that that we

1057
00:51:30,840 --> 00:51:31,359
Speaker 2: don't know about.

1058
00:51:31,440 --> 00:51:34,040
Speaker 4: That's why we're here exactly. That's why we're here to

1059
00:51:34,440 --> 00:51:35,160
Speaker 4: shed the light on that.

1060
00:51:36,080 --> 00:51:40,160
Speaker 2: Okay, So accolades on money in that vein you filling

1061
00:51:40,200 --> 00:51:42,799
Speaker 2: the super Bowl Travis Scott performance, you're feeling.

1062
00:51:42,480 --> 00:51:47,000
Speaker 3: That, So I'm gonna go back, let's let's use I'm

1063
00:51:47,040 --> 00:51:49,880
Speaker 3: gonna use the alert, right, like, have the super Bowl?

1064
00:51:51,120 --> 00:51:52,160
Speaker 4: You need me, I don't need you.

1065
00:51:52,600 --> 00:51:54,239
Speaker 3: I feel like that's my stance with him, Like he

1066
00:51:54,280 --> 00:51:55,960
Speaker 3: doesn't need it, he didn't need it.

1067
00:51:56,320 --> 00:51:58,719
Speaker 4: He's gonna do it, obviously, I think he decided to.

1068
00:51:59,040 --> 00:52:01,640
Speaker 4: So you don't get paid for Yeah, there's no like

1069
00:52:01,719 --> 00:52:03,160
Speaker 4: you paid for that, right, right.

1070
00:52:03,200 --> 00:52:05,239
Speaker 2: So the thing about it is that you're doing it

1071
00:52:05,280 --> 00:52:08,640
Speaker 2: because it's a look notoriety. But once again, it goes

1072
00:52:08,719 --> 00:52:14,160
Speaker 2: back to the validation argument, where does the super Bowl

1073
00:52:14,239 --> 00:52:17,640
Speaker 2: really help your career? Because Justin Timberlake came up with

1074
00:52:17,680 --> 00:52:21,200
Speaker 2: an album the day after the super Bowl performance, and

1075
00:52:21,480 --> 00:52:22,200
Speaker 2: it did terrible.

1076
00:52:22,400 --> 00:52:24,120
Speaker 4: The albums are terrible, but the tour.

1077
00:52:25,080 --> 00:52:27,520
Speaker 2: Because he's still justin Timber, still justin Timber. They so,

1078
00:52:28,400 --> 00:52:30,799
Speaker 2: but the album did terrible, right, I did not listen

1079
00:52:30,840 --> 00:52:34,719
Speaker 2: to that. Janet Jackson, have we seen her since.

1080
00:52:35,000 --> 00:52:36,480
Speaker 4: She just put out an album? Yeah?

1081
00:52:36,600 --> 00:52:39,080
Speaker 3: No, I think I think she put that album. I

1082
00:52:39,120 --> 00:52:41,040
Speaker 3: know she put out a single with Daddy Yankee.

1083
00:52:42,239 --> 00:52:44,000
Speaker 2: They had Bruno Mars do it twice.

1084
00:52:43,800 --> 00:52:44,680
Speaker 4: Twice back to back.

1085
00:52:45,440 --> 00:52:47,399
Speaker 3: But the ironic thing is Beyonce did it too, right,

1086
00:52:47,560 --> 00:52:50,320
Speaker 3: So like the year after or two years after, and

1087
00:52:50,360 --> 00:52:53,200
Speaker 3: I was like, you need me, I don't need you.

1088
00:52:53,400 --> 00:52:56,520
Speaker 3: Like granted, Beyonce did not pay for that, right, she

1089
00:52:56,600 --> 00:52:59,160
Speaker 3: had to deal with Pepsi that they sponsored her tour

1090
00:52:59,320 --> 00:53:04,000
Speaker 3: and they sponsored her performances. So Pepsi they front the

1091
00:53:04,040 --> 00:53:05,800
Speaker 3: bill on the stage performance.

1092
00:53:05,880 --> 00:53:08,120
Speaker 2: But that's a powerful line that jay Z says, you

1093
00:53:08,120 --> 00:53:09,920
Speaker 2: need me, I don't need you, because it's really speaking

1094
00:53:09,960 --> 00:53:13,600
Speaker 2: in broader terms to say the artist has control over

1095
00:53:13,600 --> 00:53:18,879
Speaker 2: the situation right now with YouTube, with social media. So

1096
00:53:19,280 --> 00:53:23,000
Speaker 2: but for some reason they still think that they need

1097
00:53:23,400 --> 00:53:26,439
Speaker 2: the validation. They still need a Grammy, they still need

1098
00:53:26,480 --> 00:53:29,000
Speaker 2: an Oscar, they still need the Super Bowl perform He's

1099
00:53:29,520 --> 00:53:32,799
Speaker 2: the main performer exactly. We just went over like three

1100
00:53:32,800 --> 00:53:37,000
Speaker 2: different examples of how the oscars. You don't need an

1101
00:53:37,000 --> 00:53:40,000
Speaker 2: oscar to make money. You don't need a Grammy.

1102
00:53:39,680 --> 00:53:41,319
Speaker 4: To sell records.

1103
00:53:41,360 --> 00:53:45,320
Speaker 2: You don't need to be on the radio to sell records,

1104
00:53:45,640 --> 00:53:48,440
Speaker 2: to perform to sell merch. You don't need to be

1105
00:53:48,680 --> 00:53:52,160
Speaker 2: at the Super Bowl. Travis Scott's already Travis Scott.

1106
00:53:52,440 --> 00:53:53,800
Speaker 4: With or without the super amazing.

1107
00:53:54,360 --> 00:53:56,800
Speaker 2: He's still one of the hottest artists in the world without,

1108
00:53:57,560 --> 00:53:59,839
Speaker 2: So I'm not really here to judge him on that,

1109
00:54:00,400 --> 00:54:02,680
Speaker 2: But if that's why he's doing it, I think that

1110
00:54:02,680 --> 00:54:05,640
Speaker 2: that's a poor decision because I don't feel that he

1111
00:54:05,719 --> 00:54:08,000
Speaker 2: needs to do that, right if he.

1112
00:54:08,000 --> 00:54:10,440
Speaker 4: Wants to nominated, not is he nominated for a Grammy

1113
00:54:10,480 --> 00:54:10,799
Speaker 4: as well?

1114
00:54:11,160 --> 00:54:13,440
Speaker 2: I like that.

1115
00:54:13,520 --> 00:54:15,080
Speaker 3: I just for the record, just going to say that

1116
00:54:15,080 --> 00:54:16,880
Speaker 3: we think Victory Lap is the album of the year.

1117
00:54:17,560 --> 00:54:21,080
Speaker 3: If it doesn't win, it's still our album of the year, right, Like,

1118
00:54:21,120 --> 00:54:23,560
Speaker 3: it doesn't matter, right like right?

1119
00:54:24,680 --> 00:54:26,040
Speaker 2: Yeah? So, I mean, I don't know.

1120
00:54:26,520 --> 00:54:28,080
Speaker 4: Did you see what they did today the NFL did

1121
00:54:28,080 --> 00:54:30,320
Speaker 4: to that was singing the national anthem?

1122
00:54:30,880 --> 00:54:37,000
Speaker 3: They got Gladys Knight singing the national anthem.

1123
00:54:37,040 --> 00:54:40,520
Speaker 2: There you go, there you have there, You have it, man,

1124
00:54:41,200 --> 00:54:44,480
Speaker 2: So all right, anything else you want to talk about,

1125
00:54:44,600 --> 00:54:45,200
Speaker 2: touch on.

1126
00:54:46,120 --> 00:54:47,799
Speaker 4: My final word. Let's do a fin I got a

1127
00:54:47,840 --> 00:54:48,439
Speaker 4: final word.

1128
00:54:48,520 --> 00:54:52,040
Speaker 3: So I got a message this morning and a dear

1129
00:54:52,120 --> 00:54:55,800
Speaker 3: friend of my alma text me, congratulations it was written.

1130
00:54:56,400 --> 00:54:59,719
Speaker 3: And I was like wow, because we always have these

1131
00:54:59,800 --> 00:55:02,200
Speaker 3: j and now's debates and I was like, it was written.

1132
00:55:02,239 --> 00:55:03,279
Speaker 3: She didn't know that this is going to be my

1133
00:55:03,280 --> 00:55:05,480
Speaker 3: final word. But we say this all the time. Why

1134
00:55:05,520 --> 00:55:07,440
Speaker 3: shoot the breeze about it when you could be about it?

1135
00:55:07,800 --> 00:55:10,960
Speaker 3: So I'm glad that we're here because how many years

1136
00:55:11,000 --> 00:55:13,920
Speaker 3: have we been shooting the breeze and now we're finally

1137
00:55:13,960 --> 00:55:16,200
Speaker 3: being about it right because we've we've helped each other,

1138
00:55:16,480 --> 00:55:17,960
Speaker 3: and we've helped a lot of people around us.

1139
00:55:17,960 --> 00:55:21,120
Speaker 4: But now we can help on a larger scale, which

1140
00:55:21,160 --> 00:55:21,960
Speaker 4: I think is amazing.

1141
00:55:21,960 --> 00:55:22,080
Speaker 3: Man.

1142
00:55:22,120 --> 00:55:23,759
Speaker 4: So shout out to you for bringing me in on this. Man,

1143
00:55:23,760 --> 00:55:24,720
Speaker 4: This is this is amazing.

1144
00:55:25,160 --> 00:55:28,239
Speaker 3: And for everybody who's ever had a conversation with us,

1145
00:55:28,280 --> 00:55:31,680
Speaker 3: right like in the parking lots, barbershops, wherever we are,

1146
00:55:31,719 --> 00:55:35,880
Speaker 3: we always seem to spark a conversation on debate, sometimes intents,

1147
00:55:35,920 --> 00:55:39,160
Speaker 3: sometimes you know, just shooting the breeze. So that was

1148
00:55:39,200 --> 00:55:41,120
Speaker 3: my final word. Man, wayt shoot the breeze about it

1149
00:55:41,120 --> 00:55:42,080
Speaker 3: when you can be about it.

1150
00:55:42,719 --> 00:55:45,160
Speaker 2: That's dope. Why shot the breezebut when you could be

1151
00:55:45,200 --> 00:55:49,160
Speaker 2: about legendary it was written? Yes it is.

1152
00:55:49,880 --> 00:55:50,080
Speaker 4: Yes.

1153
00:55:50,320 --> 00:55:51,799
Speaker 2: Once again, I just want to say thank you for

1154
00:55:51,840 --> 00:55:54,439
Speaker 2: all the support that we have gotten so far, and

1155
00:55:54,880 --> 00:55:58,400
Speaker 2: I know that we will continue to get and especially

1156
00:55:58,520 --> 00:56:03,160
Speaker 2: you know, on on social media platforms. So stay tuned.

1157
00:56:03,400 --> 00:56:06,600
Speaker 2: This is just the first chapter. We have many more install.

1158
00:56:08,600 --> 00:56:11,840
Speaker 3: Next one episode one. Man, what they say twenty nineteen

1159
00:56:11,880 --> 00:56:14,759
Speaker 3: is almost over. Fact, put your phone down and do so.

1160
00:56:15,239 --> 00:56:17,680
Speaker 2: That's a fact. All right, we check y'all.

1161
00:56:44,480 --> 00:56:48,400
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1162
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