Rich Homie Quan has officially joined the Motown/Capitol Records family, according to a recent press release.
“First and foremost I would like to Thank God for this amazing opportunity,” said Quan in a statement. “I’m excited to be a part of a building that has such great history in music. I look forward to this new chapter in my life and giving my fans the best I have to offer.”
According to reports, Rich Homie is already in the studio working on new music, including his debut album Rich In Spirit.
Heading to Motown/Capitol, he joins an artist roster that includes Quality Control rappers Lil Yachty, OG Maco and Migos.
“Quan is an extremely talented artist who creates hard-hitting and insightful music that reflects his life experiences and connects deeply with his audience,” Capitol’s chairman/CEO Steve Barnett said in the release. “His authenticity, combined with an enormous amount of hard work and vision, has brought him a long way over the past several years, and we’re all excited to help him reach the next level and beyond.”
This comes after the “Type of Way” rapper reached a settlement with his former label Think It’s A Game Entertainment. More recently, Quan had to pay security guard Christian Cajigas $60,000 after allegedly punching him in the face for being denied entry into Miami nightclub LIV.
Though he’s hopped on tracks as a featured artist for the likes of Future and Jim Jones, Quan hasn’t released a project since 2015’s ABTA: Still Going In. That year, Rich Homie released his last multiplatinum single “Flex (Ooh, Ooh, Ooh)”
THE SAME BIRD THAT FUCKED UP BIGGIE’S LYRICS!!!! CLOWN NIGGA!!!!
Is Motown desperate now?
Please explain why there is a lack of transperency regarding recording contracts. I surmise that the contracts are all based on future sales and profits without any real monetary value i.e. soulja boy 400 million.
Its hard to take these guys as serious businessmen other than Jay Z, 50 cent, dr. Dre and diddy because their deals pare shrouded behind a chain/pendant. Any insight as it would add another level of insight.? Or are these guys just dope boys turned rappers with the business acumen of someone running a lemonade stand?
Bro… Soulja deal was a poker deal not a rap deal… and I don’t think nobody believes it legit besides him anyways.
lmfao
The way I see it is that artists sign to local labels and begin to blow up. The majors then step in and offer 360 deals to take over where the local labels stop. There is still some fascination with being signed to a major label, but unless the majors are getting paid from all income sources, there’s no value for them to do a deal. No matter who the artist is, they are only getting a share of what the major is receiving. That’s why guys like Chance, Nipsey, TechN9ne, etc are far better off going direct to the fans/distributors than signing to a middleman label. There’s just no need for a major label unless you’re a pop star.
Great insight. Thanks. I grew up on hip hop and still love it but as an econ/finance professional major I am curious to learn about the deal structures as well as enjoy the art. I looked through the annual reports of Vivendi and couldnt find anything. Thanks again.
This kid ain’t even recorded a debut album?!! ,and he already wore our out his welcome ?
Who was this again?
Matter fact where in the hell have Rich homie been. Hibernating???? HE have really fell off !!
Quan is an extremely talented artist who creates hard-hitting and insightful music that reflects his life experiences and connects deeply with his audience,” Capitol’s chairman/CEO Steve Barnett said in the release. “His authenticity, combined with an enormous amount of hard work and vision, has brought him a long way over the past several years, and we’re all excited to help him reach the next level and beyond.” bruhhhh.. so much gas this niggas tank is gonna overflow
He should start a group with Trinidad James called “The Nobodies”, zero fucking talent.