Eminem was not a participant in the landmark lawsuit against Universal Music Group that named him as a plaintiff, but he will most likely see his net worth significantly grow after the Supreme Court refused to hear the case last week.
“As of now it’s worth $17 million or $20 million, but on a future accounting basis, five or 10 years from now, it could easily be a $40 million to $50 million issue,” F.B.T. Productions’ manager Joel Martin told the New York Times. After initially signing Em, F.B.T. continues to collect royalties on his music; the Detroit-based production outfit initiated the digital royalty lawsuit against Aftermath, Interscope and Universal Music Group.
Representatives from Universal stated the case would not set a legal precedent when UMG appealed the initial ruling in September of 2009. But older artists, who didn’t originally have digital royalty clauses in their contracts, are hoping otherwise.
“This is life-changing,” Joyce Moore, the wife of Sam Moore of Sam & Dave, told the Times. The song “Soul Man” is just one of the songs from Moore’s catalogue that is getting royalties at the old 12% rate. “If we were being paid a nickel a download, as opposed to 35 cents—that’s a huge amount of money for a guy that is on a fixed income or has to run up and down the road at 75 years old.”
Despite dwindling overall sales, many labels still bring in tens of millions annually from music contained in older catalogues. But the advent of digital downloads and the legal language over how their royalties are split has been a major sticking point. In addition to F.B.T.’s suit against UMG, The Allman Brothers and Cheap Trick sued Universal and Sony BMG over similar royalty issues.
hate all u want. eminem gettin that $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
THIS IS A WIN FOR THE ARTIST!!! ALL ARTIST!!!
lets hope he invests that money in shady records
Lets hope he invests it in some fuckin ghostwriters so we dont have to hear anymore corny fuckin barrs about bullshit
“ill shove a lava lamp up my dads ass” SICK LYRICISM RIGHT THERE LMMFAO
OVERRATED MUTHAFUCKA
your dad is overated, so is your mum, i thought shed be good in bed, like all the other boys said she would be
that was a leaked song u idiot every artist has a fucking around song in their studio, listen to the “despicable” freestyle if u want to see eminem in his prime better yet the MMLP
i personally think SSLP was a mad doper album..
Yea don’t listen to this HATING DWEEB. Yes Em has fallen off from his 96-03 ONE OF THE GOATS amazing PRIME (7 years or so) from 04-2011, but lets look @ WHY!?!?
First of all almost everyone is better their first 8 years than their 2nd 8 years (save Kool G Rap, Black Thought, Nas most times, Pharoahe Monch, Common, Tonedeff) and whose to say Em wouldn’t of followed that path to begin w/ (Jay Z, Rakim, KRS-One, LL Cool J, Mos Def/Talib even though Talib & Mos has some good ish recently their 97-03 ish KILLS IT, Andre 3000 to name a few were MUCH MUCH iller in their first 8 years compared to 9 years plus in terms of NEW mateiral).
But Em had fame that none of them had after his first 3 CLASSIC/sick albums, it got to his head, and he got WAY TO HARD into serious drugs. Dude almost DIED twice via overdoses b/w 04-08 as he was divorced twice, his best friend Proof was MURDERED in 2006 so yea after thankfully NOT DYING, he had to “LEARN TO WRITE/FLOW/RAP/PERFORM ALL OVER AGAIN” (quote from him) so of course everything from 04 on is not going to be nearly as ILL as 96-03.
Sure he shows signs like The Warning, BET Cypher, Westwood 09/10, Forever Verse, Deja Vu, Stay Wide Awake, Going Through Changes, On Fire, Love the Way you Lie (hate all you want NOW, and i do as well due to WAY to much radio play, but when it FIRST came out, you can’t hate on some of those REAL verses minus a corny bar or 2) to name a few that he still can be a dope emcee, but in general of course he’s not as good as he was from 25-32 as he was 33-40 (which he’ll turn in October 2012). Dude almost died twice from doing a SHIT TON OF hard ass drugs, and it fucked up his brain/timing/sense of humor/etc.
But to hate on his 7-8 year prime ISH is simply IDIOTIC. Every super dope emcee ever (from Kool G Rap, to Nas, Rakim to Common, to Pharoahe Monch, to Elzhi, to Crooked I, to Diabolic, to Redman to Andre 3000 to name a FEW have all admitted/said that Em in his prime was “ONE OF THE ILLEST EVER”)
the rich get richer and kids in africa still starvin
c’est la vie
thats just how it is bro…
buy them all a mcdouble then
The kids in Africa are still straving… Oh im sorry Do u live there Mr Ye Lin? Thats not a traditional african name…
Why dont u send a bowl of fry rice sweet n sour pork no.5 special..
^Like 🙂
he needs to invest in young artists that dont suck, cuz everyone in shady records is in their 30’s, even yelawolf
yeah mane he needs to sign lil b and flocka
shady records still has the best lyricist.
EM+D12+CA$HIS+SLAUGHTERHOUSE+YELAWOLF+50 CENT= nobdies fucking with Team Shady.
lil’b and waka sucks dude…..can’t be serious.
Anonymous. Just like no. Helllll no. Who care’s if you’re in your 30s. Honestly. Dr. Dre was WELL in his 30s when the Chronic 2001 was released.
Okay john, so name some young cats 25 and under who are killin it like….De La soul, rakim special ed, BDK, Nas…i could go on… i mentioned those names cause the all dropped classics, some of em multple classics in their teens and early twenties
Who cares if they’re young or not!?!? As long as they’re not older than Em, who the hell cares? You’d be mad if he signed one of the following 2 SUPER DOPE Michigan emcees (Detroit & Pontiac)?
ELZHI
ONE BE LO
Both AMAZING emcees, both in their early 30’s if I’m not mistaken. As a producer (emcees also, but better producer than emcee by ALOT) he could also get Black Milk on board from the D as well.
How about Diabolic? Super duper dope white emcee from NY and I believe he’s either 29 or just turned 30.
How about Pharoahe Monch? Dude is 35+, but you don’t think it’d be a good look for Shady to sign him?
Tonedeff, Louis Logic, Juice, Percee-P, Blu, Cunnin Lynguists (couple of dope emcees and a SUPER DOPE producer in KNO), Copywrite, Apathy, Brother Ali, Fashawn (who may be 25 or younger), to name a few would all be GREAT signings by Shady!
Survival of the richest
$WonDough$ will make 30 million flip twice, three,etc
Hip Hop is making Em a very rich man indeed.
G.O.A.T
this man gonna end up with money him or children aint never gonna see
twitter.com/yungmajesty45
@yungmajesty45
follow me
chuck said he is signing ELZHI …. is that true ?
Whose Chuck?!?! Don’t tease me man, Elzhi is one of the ILLEST BREATHING SUPER DUPER DUPER DOPE “REWIND THAT ILL LINE/BAR” emcees. If Em signed him and added him to Slaughterhouse, LOOK THE F OUT!?!?
Then he could top it off w/ Diabolic (a much iller white emcee than Yelawolf, even though Yela is @ least unique, but lyrically Diabolic SLAYS HIM), One Be Lo from Pontiac Michigan, Juice from chi-town (underground legend who beat him in 97 legendary 6 overtime battle), Louis Logic (who reminds me of Em a lot just raps more about alchohol then drugs, but SICK), Tonedeff (real real real dope emcee), Blu, and Cunning Lynguists!
Now that would be the sickest roster EVER HANDS DOWN.
Elzhi would be a PHENOMENAL start
Em should sign Hopsin. He’s young and got alot of skill thats only gonna rise over the years!…
I thought hopsin sounded alot like shady when I first heard him….he’s dope but I dont know if a major will ever buy it
i hope eminem gets extorted/robbed for 100 million.
HATER
i hope you get robbed for the 10$ you have in your pocket, goof
To be a hater is one thing but to wish some1 gets robes is just sad….U should be inspired to be like him, Coming from the nothing to being one of the richest in hip hop….I dont give a fuck he is white, He can rap and thats a fact.
^^^that’s an opinion.
I hope you get Raped 🙂
here’s soume career advice shady take that money n retire cause yo whining is annoying
Damn he just keeps getting richer…Congrats.I cant hate when ur getting money bcuz if it was me i would be luving the money im getting..Sometimes i wonder if this rich hip hop artist are tired of money..They can afford to do an album and give it out for free and they will still be rich!!!
He really needed this lol 😉 Now as in defining “Eminem” does that mean the person or the franchise at this point?
lowprofile:
here’s soume career advice shady take that money n retire cause yo whining is annoying
I second this…. I was a fan around the first 3 cds now he just sold out and is gettin boring as fuck
dudes making stupid money these days…
IMAGINE HOW RICH EM WOULD BE IF HE TOURED LIKE MOST THESE RAPPPERS? HE COULD SELL OUT ANY STADIUM IN ANY COUNTRY
Em needs to sign this kid on youtube, his name is Young Rob something like that. if yal ever go to youtube look up ” Skraightouttahtown”
that teenager is doper than most teen age rappers out now, like lil twist ..etc. lyrically. Trust me.
that kid is pretty sick. i think he would make a goo part of ShadyRecords.
and he’s cutee 🙂
he’s dope. he needs to get noticed…and more views.
Self promo ?????
Em is richer than alotta rappers that rap about money, girls, n cars.
its just he doesnt rap about that shit, he’s a MC.
he’s real rich though. n he could gir REAL richer if he wanted all he would have to do is have a world tour again, he’d sell out every stadium.
i just looked that up, man that kid is pretty great with the lyrics.