Kanye West Is Giving His G.O.O.D. Music Artists Back Their Masters
After taking a stand against recording contracts, the hip-hop mogul has announced that he will make the first move and give back the 50 percent share he owns of G.O.O.D. Music artists’ masters.
The announcement follows his tirade against his label and the music industry as a whole. He is in a dispute with Universal Music Group for his masters, and says his efforts are being blocked by several contracts he signed. He tweeted out over 100 pages from his recording contracts and outlined new guidelines for recording and publishing deals. One of the terms gives copyright ownership to the artist who can lease them to the label/publisher for a limited term.