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@ashleyimusic
Remember when you enter into a joint venture agreement. . . You and your business partner are responsible. For the profits, losses and costs associated with your business agreement. . . Youโre also both responsible for providing the resources for the business agreement. (Joint venture) . . Now in the business agreement between Roc - Fella Records and @defjam . . Def Jam was a owned and backed by a major corporation. . . They provided most of the resources in the Joint venture deal with Roc Fella. . . Especially on the economic side! . . They provided the money, distribution and promotion. . . They got JAYZ on the radio and TV ๐บ . . They help take JayZ from selling 500,000 records to selling 5 million records! . . They had access to an economic system! . . Roc -Fella needed access to this system! Remember it cost money to make 5 million CDS. . . According to JayZ it cost around $7 million. To market his projects in the 90s and early 2000โs . . However as you see in this video! Major corporations donโt always respect the Joint Venture agreement. . . They donโt respect the business partnership! . . Due to their financial power! And economic strength. . . In other words they have the bigger resources and relationships. . . They also want to control and make all the profit! . . Roca - fella records had the asset (the artists and brand) . . Def jam had the money, resources and relationships . . They even had major shares in Rocafella RECORDS LLC . . Be very careful who you get into business with. . . Your business partner might end up taking over. Your entire business/company . . . DO IT YA SELF ๐๐พ . โโโโโโโโโ#damedash #curtisjackson #undergroundhiphop #undergroundrap #damedashstudios #classichiphop #tupacamarushakur #gunitfamily #seancarter #hiphopheads #pdiddy #drdre #rocafellarecords #puffdaddy #biggiesmalls #jiggaman #gunitrecords #90shiphop #badboyrecords #eastcoasthiphop #slimshadylp #oldschoolhiphop #oldschoolrap #hiphoprap #shadyaftermath #hiphophead #drdrebeats #youngbuck #lloydbanks
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