Phonte Speaks On 360 Deals (Video)

September 9, 2011

Many new artists are still in search of a record deal with a major label instead of trying to maintain some type of independence with their art, but what many of them fail to realize is that almost all deals with major labels are “360” deals. For those of you who in the dark it simply means that the label gets a piece of everything you do from album sales, touring, & damn near everything else. In this particular interview Phonte gave his opinion on these contractual agreements that have now become the industry standard with the majors. Phonte is releasing his first solo album “Charity Starts At Home” on September 27th & with everything he’s said in this interview it’s not surprising that he’s dropping the album on his own Foreign Exchange Music label. Check out the lead single below….