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Hatchetman
How Much Money...
June 24, 2015
8:06 am
djscrubb
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Demonic had a really good response and it sparked this topic:

DemonicSwagger said
ICP has already explained that they are focused on releasing ICP's music. Signing an artist wouldn't matter because Psychopathic will not promote them like it does ICP. I'd rather hear just ICP on psychopathic anyways...noone does what they do.

Here's my question:

Well said, actually all I want on PSY is ICP!  All revenue should funnel thru and to ICP (it does anyways).  But how much revenue does AMB, ABK, DJ Clay and Big Hoodoo really generate for the company?  It cant be that much ya know.  It would NOT surprise me at all if those dudes worked regular jobs.  I know they wear multiple hats at PSY.  However, I've always wanted to know how much money they all really make.  I know that's nosy, but from the music business side of things I've just always wanted to know. I have no idea of how things work like that honestly.  I know about contracts and royalties, selling T-shirts and things of that nature, but the every 2 week pay check to pay your everyday bills.  I'm always like "how do they pay for their bills" and "who foots the bill for these tours" because if you go to a ABK/DJ Clay Big Hoodoo/AMB show there may be like 30-60 people there TOPS.  Then the club gets their cut, then the promoter, the artists get theirs (having to split it) and then having to pay for gas, food, hotels ect.  Its just crazy to me, I like my secure salaried 2 week paycheck too much.  Do you guys ever wonder about this or have an answer??  For YEARS I've thought about this.....

June 24, 2015
9:35 am
Sean Law
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ive thought about it, come to the conclusion ICP is the only rich act on that label. I used to like ABK, but not as much lately. He tried life without PSY, but it didn't work. everything post sounded like basement tapes.

Never a fan of big hoodoo, and If I were him, id be pissed. like, yall got me dressed as a witch doctor, rapping about spells, and shit? Doe Dubbla is probably capable of good music without the gimmick.

and boondox....gimmick or not, he is no good. again, he tried life after PSY, and it was a failure, as did AMB.

at this poing, I think J is just helping them out as bros. they will never cross over, and sell to the same fan base every album.

AMB is really the only thing worth a shot anymore, and that's minus Bonez Dud.

I said this before... ask anyone outside our world if they heard of ICP. 60 - 70% probably has.  then ask if they ever heard of ABK, Hoodoo,  or Boondox and they look at you cross eyed.  

I'll fuck you till you love me, Faggot!

-Tyson

June 24, 2015
10:12 am
YakkAttack
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Pretty much everything Sean Law said is on point (minus boondox not being any good, lol) but yes Im almost positive all artists not ICP are broke on PSY. Best case to be made here is when Twiztid left they said they would no longer have been a group in a years time because of their finances under PSY records (and that was the biggest group in PSY that wasnt ICP). So for them to have gotten any decent payment they had to leave and do their own thing... that should tell you something. Plus when ABK left years back, he said in a interview he left because he wasnt getting paid the way he felt he should have been.

June 24, 2015
10:43 am
Novocaine, The Blue Collar King
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my GUESS, would be that they invest every penny from royalties they get. i mean they probably arent ever going to get a 50 cent deal on smart water, but i imagine that not a great deal comes from albums. no artist really makes alot of money from album sales, unless your someone like eminem of course.

the blaze/boondox/Kidcrusher tour thats coming to aus this year? that will be a pretty huge event. i reckon there will be around 300 - 600 people turning up to each gig. and at ticket prices around 40 - 80 bucks. with 4 or 5 shows thats gunna run about 150 - 200k mark. i cant imagine a club cut would be more than 10% (i dont know shit about this stuff either.

so i mean your looking at about 135 - 180k, split between 3 people thats still about 45 - 60k a piece.

take out 10% for travel allowances, 40/54k. take out the psy 10% cut, 36/49k.

thats not bad for a weeks work. with conversion rates, boondox and blaze could walk away with upto 40k USD. and kidcrusher near on 50k as his would be AUD assuming they split it evenly. i am pretty sure KC set this one up so he may take a big cut, but i wouldnt but substantial i suppose.

 

As for us shows, whats a ticket cost? i mean 60/70 is the average for an underground artist here.

 

And bear in mind that this is not including manager cuts nor is it including merch sales. i mean, when icp was here last by the time i got in the door the merch booth was near to sold out. and apparently they bought a fuck tonne of stuff with them. its hard for us to get good merch (hatchet gear shipping runs up quickly when your paying 3 - 6 bucks an item) down here, so when its presented we will jump on it. even if these guys aint that popular, nearly every juggalo within driving distance will turn out, and with a massive hipster community theres ususally a good handful of randoms who just want to see what the fuck is happening.

at the icp concert in 2013, for every 5 juggalos there was some random dude/chick who looked absolutely fucking petrified to be there, but wouldnt leave because they were curious.

 

back to the matter at hand though. my guess would definitely be investments. using abk as an example (i couldnt find the soundscans of his album sales) i would guess he did pretty well with his first 2 albums, and took that money and perhaps invested it in housing or something similar. people take the piss out of musicians for being dumb but for someone like abk you HAVE to be pretty savvy to not fall flat on your face.

i doubt they have regular jobs, it wouldnt be hard to have that shit float to the surface and its nto a good image. And i seriously doubt the money they do earn goes on hoes and parties as they might have you believe.

 

Are any of teh acts but ICP ever going to keep psychopathic afloat? fuck no! but will they keep themselves afloat and comfortable? yeah i reckon they do alright.

And as for AMB, i highly doubt he's doing production for ICP for free. cheap maybe, but not free. i can't see psy artists getting swindled that badly that they are working for free. if that was happening and i was in otis' place, i would be looking to knock violent j the fuck out.

June 24, 2015
10:44 am
Novocaine, The Blue Collar King
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YakkAttack said
Pretty much everything Sean Law said is on point (minus boondox not being any good, lol) but yes Im almost positive all artists not ICP are broke on PSY. Best case to be made here is when Twiztid left they said they would no longer have been a group in a years time because of their finances under PSY records (and that was the biggest group in PSY that wasnt ICP). So for them to have gotten any decent payment they had to leave and do their own thing... that should tell you something. Plus when ABK left years back, he said in a interview he left because he wasnt getting paid the way he felt he should have been.

i dont get paid the way i shsould either. that was a cop out excuse because he probably signed a confidentially waiver stating he couldnt say what really happened.

June 24, 2015
10:50 am
djscrubb
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I'm just really wondering a dollar amount being a signed artist to the Hatchet.  I mean like what are you going to do when your just to old to rap anymore.  And you spent ALL your time 20's-40's rapping on a label that doesn't pay you good.  Those are just prime years to get your professional career going/401k/retirement.  

June 24, 2015
10:58 am
Novocaine, The Blue Collar King
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thats why i assume investing.

does the US government have pension plans?

 

my guess is they get a signing bonus, i suppose itd be between 5 - 20 grand. thats theirs to push around how they want. psy would most likely front up for their albums. i dunno how much it costs to make an album, but maybe a 5 - 10 grand budget? i mean psy have their own in house everything so that would cut alot of expenses down. after release they would be rquired to pay it back + perhaps an extra 10 - 15% of all future sales blah blah blah.

 

As for net worth? its hard to say, forbes aint looking at people like psy artists. they aint worth a million, but with smart investiture my guess would be the average non ICP artist would be worth at least 100 - 200k

June 24, 2015
1:53 pm
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Novocaine, That Aussie Asshole said

YakkAttack said
Pretty much everything Sean Law said is on point (minus boondox not being any good, lol) but yes Im almost positive all artists not ICP are broke on PSY. Best case to be made here is when Twiztid left they said they would no longer have been a group in a years time because of their finances under PSY records (and that was the biggest group in PSY that wasnt ICP). So for them to have gotten any decent payment they had to leave and do their own thing... that should tell you something. Plus when ABK left years back, he said in a interview he left because he wasnt getting paid the way he felt he should have been.

i dont get paid the way i shsould either. that was a cop out excuse because he probably signed a confidentially waiver stating he couldnt say what really happened.

 

I really doubt it was a cop out. Money makes the world go round and if you think you can make more money somewhere else, why wouldn't you go after it? he learned the hardway that ICP aren't under paying him, he's just not earning much.

I don't think any of them are really broke or not having any money otherwise they wouldn't stay. The dudes who did leave came running right the fuck back when they realized they couldn't make any money on their own which means they have to be making something through psy. 

Twiztid are going to be the true test of the market though. Lets see what they do in a few years.

I think psy makes more money than people realize though. Not a lot, but I'm sure most of the cats there are comfortable. 

 

June 24, 2015
2:10 pm
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Novocaine, That Aussie Asshole said
thats why i assume investing.

does the US government have pension plans?

 

my guess is they get a signing bonus, i suppose itd be between 5 - 20 grand. thats theirs to push around how they want. psy would most likely front up for their albums. i dunno how much it costs to make an album, but maybe a 5 - 10 grand budget? i mean psy have their own in house everything so that would cut alot of expenses down. after release they would be rquired to pay it back + perhaps an extra 10 - 15% of all future sales blah blah blah.

 

As for net worth? its hard to say, forbes aint looking at people like psy artists. they aint worth a million, but with smart investiture my guess would be the average non ICP artist would be worth at least 100 - 200k

I doubt they have pension plans. We have them in the US but it's not really a thing for artists. They aren't automatic or anything. You mostly get them if you work a regular full time job and if the company matches them or pays a part of it, you're pretty happy.

if they record in the studio at psychopathic, with beats made by psychopathic associates, and graphics by the psychopathic art team, the only real outside cost is manufacturing which I'm sure psychopathic fronts.

Discmakers charges about $2k for 5k cds. if they sell out of 5k cds, which lets be real I don't think any of the secondary artists on psy are doing, they could make $50k, most of which will go back to psy for fronting the initial manufacturing cost. Most major labels charge the artist directly for any in house production or graphics etc. so assuming psychopathic does the same thing, and assuming they split it 50/50, they probably make around 20k off a single release. that's not counting touring and merch and whatever else they got going on.

It'd be easy to be in that position and think "why does psy deserve such a big cut, I'm gonna go out on my own" and then realize that psy does a lot and being on psy helps move the product. Which is why they come back.

 

June 24, 2015
11:50 pm
wonka69
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Psy. don't pay shit! Killa does his own thing and hustles for his money. Boondox sits back and has no money. A.M.B. works in the warehouse for minimum wage ! when an artist makes an album at the Lotus Pod, they get a bill for the time ! only body making money at psy., is i.c.p. and billy! they greedy as fuck ! why you think Twiztid left ?

K R U S H - K I L L - D E S T R O Y !

June 24, 2015
11:54 pm
Novocaine, The Blue Collar King
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wonka69 said
Psy. don't pay shit! Killa does his own thing and hustles for his money. Boondox sits back and has no money. A.M.B. works in the warehouse for minimum wage ! when an artist makes an album at the Lotus Pod, they get a bill for the time ! only body making money at psy., is i.c.p. and billy! they greedy as fuck ! why you think Twiztid left ?

there it is.

June 25, 2015
12:30 am
Pigg
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Novocaine, That Aussie Asshole said
my GUESS, would be that they invest every penny from royalties they get. i mean they probably arent ever going to get a 50 cent deal on smart water, but i imagine that not a great deal comes from albums. no artist really makes alot of money from album sales, unless your someone like eminem of course.

the blaze/boondox/Kidcrusher tour thats coming to aus this year? that will be a pretty huge event. i reckon there will be around 300 - 600 people turning up to each gig. and at ticket prices around 40 - 80 bucks. with 4 or 5 shows thats gunna run about 150 - 200k mark. i cant imagine a club cut would be more than 10% (i dont know shit about this stuff either.

so i mean your looking at about 135 - 180k, split between 3 people thats still about 45 - 60k a piece.

take out 10% for travel allowances, 40/54k. take out the psy 10% cut, 36/49k.

thats not bad for a weeks work. with conversion rates, boondox and blaze could walk away with upto 40k USD. and kidcrusher near on 50k as his would be AUD assuming they split it evenly. i am pretty sure KC set this one up so he may take a big cut, but i wouldnt but substantial i suppose.

 

As for us shows, whats a ticket cost? i mean 60/70 is the average for an underground artist here.

 

And bear in mind that this is not including manager cuts nor is it including merch sales. i mean, when icp was here last by the time i got in the door the merch booth was near to sold out. and apparently they bought a fuck tonne of stuff with them. its hard for us to get good merch (hatchet gear shipping runs up quickly when your paying 3 - 6 bucks an item) down here, so when its presented we will jump on it. even if these guys aint that popular, nearly every juggalo within driving distance will turn out, and with a massive hipster community theres ususally a good handful of randoms who just want to see what the fuck is happening.

at the icp concert in 2013, for every 5 juggalos there was some random dude/chick who looked absolutely fucking petrified to be there, but wouldnt leave because they were curious.

 

back to the matter at hand though. my guess would definitely be investments. using abk as an example (i couldnt find the soundscans of his album sales) i would guess he did pretty well with his first 2 albums, and took that money and perhaps invested it in housing or something similar. people take the piss out of musicians for being dumb but for someone like abk you HAVE to be pretty savvy to not fall flat on your face.

i doubt they have regular jobs, it wouldnt be hard to have that shit float to the surface and its nto a good image. And i seriously doubt the money they do earn goes on hoes and parties as they might have you believe.

 

Are any of teh acts but ICP ever going to keep psychopathic afloat? fuck no! but will they keep themselves afloat and comfortable? yeah i reckon they do alright.

And as for AMB, i highly doubt he's doing production for ICP for free. cheap maybe, but not free. i can't see psy artists getting swindled that badly that they are working for free. if that was happening and i was in otis' place, i would be looking to knock violent j the fuck out.

Holy fuck concerts are expensive in Austrailia! An ICP show isn't even that expensive. In fact, There a festival in council bluffs with mainstream artists like kid cudi, Mac Miller, and Lynrd Skynrd for that price. Ces Cru charged $15 a ticket here. ABK played for free. Like holy shit, why isn't EVERYONE touring in 'Straya if you can make so much paper from it?

June 25, 2015
12:46 am
Novocaine, The Blue Collar King
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thats a good question.

i dunno, alot of artists used to skip perth all together. 

 

a festival out this way is between 100 and about 500 depending on what it is and how long it goes for.

shit aint cheap out this way.

 

mainstream artists though.... shiiit. i think the last time the rolling stones were in perth tickets started about 150ish and went up to about 1500 for meet and greets (i think i cant remember exactly). for a main stream act starting prices are always well over 100.

 

and merch, shit. i bought a tshirt and a snapback at the icp concert and that set me back about 80 bucks. average tshirt prices are 30 - 60 bucks. hell back in 2008 when necro came a tshirt was about 30 and a hoodie 60.

June 25, 2015
12:47 am
Novocaine, The Blue Collar King
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the tech concerts would have been big bucks too. nearly every show sold out. and at 65 bucks a head. hooooooo.

before expenses and splits, they would have turned well over a million. easy.

June 25, 2015
5:17 pm
Realizm
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Novocaine, That Aussie Asshole said
my GUESS, would be that they invest every penny from royalties they get. i mean they probably arent ever going to get a 50 cent deal on smart water, but i imagine that not a great deal comes from albums. no artist really makes alot of money from album sales, unless your someone like eminem of course.

the blaze/boondox/Kidcrusher tour thats coming to aus this year? that will be a pretty huge event. i reckon there will be around 300 - 600 people turning up to each gig. and at ticket prices around 40 - 80 bucks. with 4 or 5 shows thats gunna run about 150 - 200k mark. i cant imagine a club cut would be more than 10% (i dont know shit about this stuff either.

so i mean your looking at about 135 - 180k, split between 3 people thats still about 45 - 60k a piece.

take out 10% for travel allowances, 40/54k. take out the psy 10% cut, 36/49k.

thats not bad for a weeks work. with conversion rates, boondox and blaze could walk away with upto 40k USD. and kidcrusher near on 50k as his would be AUD assuming they split it evenly. i am pretty sure KC set this one up so he may take a big cut, but i wouldnt but substantial i suppose.

 

As for us shows, whats a ticket cost? i mean 60/70 is the average for an underground artist here.

 

And bear in mind that this is not including manager cuts nor is it including merch sales. i mean, when icp was here last by the time i got in the door the merch booth was near to sold out. and apparently they bought a fuck tonne of stuff with them. its hard for us to get good merch (hatchet gear shipping runs up quickly when your paying 3 - 6 bucks an item) down here, so when its presented we will jump on it. even if these guys aint that popular, nearly every juggalo within driving distance will turn out, and with a massive hipster community theres ususally a good handful of randoms who just want to see what the fuck is happening.

at the icp concert in 2013, for every 5 juggalos there was some random dude/chick who looked absolutely fucking petrified to be there, but wouldnt leave because they were curious.

 

back to the matter at hand though. my guess would definitely be investments. using abk as an example (i couldnt find the soundscans of his album sales) i would guess he did pretty well with his first 2 albums, and took that money and perhaps invested it in housing or something similar. people take the piss out of musicians for being dumb but for someone like abk you HAVE to be pretty savvy to not fall flat on your face.

i doubt they have regular jobs, it wouldnt be hard to have that shit float to the surface and its nto a good image. And i seriously doubt the money they do earn goes on hoes and parties as they might have you believe.

 

Are any of teh acts but ICP ever going to keep psychopathic afloat? fuck no! but will they keep themselves afloat and comfortable? yeah i reckon they do alright.

And as for AMB, i highly doubt he's doing production for ICP for free. cheap maybe, but not free. i can't see psy artists getting swindled that badly that they are working for free. if that was happening and i was in otis' place, i would be looking to knock violent j the fuck out.

 

600 people to a Boondox and Blaze show in Australia? I'd say 100-250 tops. R.A the Rugged Man and Necro were doing crowds of 300-400 tops a month ago...

 

And tickets are usually between 45-55ish. What city are you in?

 

There are aritsts here that sell over 5000 units and play festivals that still work regular jobs.

I'd guess that ICP pay him a flat fee, maybe a couple hundred bucks per beat with no publishing. JMT/Madchild/Ill Bill etc do things like that.

 

I think ICPs shows here will be about 5 times as big as what this tour is going to be.

June 25, 2015
5:23 pm
Realizm
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Novocaine, That Aussie Asshole said
the tech concerts would have been big bucks too. nearly every show sold out. and at 65 bucks a head. hooooooo.

before expenses and splits, they would have turned well over a million. easy.

Yeh, Tech would be making serious BANK.

June 25, 2015
5:45 pm
DemonicSwagger
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wonka69 said
Psy. don't pay shit! Killa does his own thing and hustles for his money. Boondox sits back and has no money. A.M.B. works in the warehouse for minimum wage ! when an artist makes an album at the Lotus Pod, they get a bill for the time ! only body making money at psy., is i.c.p. and billy! they greedy as fuck ! why you think Twiztid left ?

I bet you will never own a successful business...

June 25, 2015
6:32 pm
Pigg
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DemonicSwagger said

wonka69 said
Psy. don't pay shit! Killa does his own thing and hustles for his money. Boondox sits back and has no money. A.M.B. works in the warehouse for minimum wage ! when an artist makes an album at the Lotus Pod, they get a bill for the time ! only body making money at psy., is i.c.p. and billy! they greedy as fuck ! why you think Twiztid left ?

I bet you will never own a successful business...

That doesn't change the fact that what he said could very well be true.

June 25, 2015
7:48 pm
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"Psy don't pay shit!" I highly doubt that.

"Killa does his own thing and hustles for his money" Sure...but nothing he has done on his own holds a candle to the production that psychopathic offers. He is an amateur and psychopathic provides him with an image and professional production. Is he bringing psychopathic in enough money for the business to cover the overhead that it would take to promote him?  I don't know but based on watching his "hustle" I imagine he doesn't.

"Boondox sits back and has no money" See above...replace ABK with Boondox.

"A.M.B. works in the warehouse for minimum wage" Good to see the young lads stay busy and keep hustling so they can contribute to the company and gain experience.

"when an artist makes an album at the Lotus Pod, they get a bill for the time" Are you complaining that a studio is charging time...A Studio? How else would a studio make money and be able to pay it's employs, pay it's overhead, it's wear and tear on equipment etc...I have a couple questions...Should psychopathic not charge its artist to use the companies time and resources? Should psychopathic receive a reimbursement for it once the artist has sold enough copies to do so?

"only body making money at psy., is i.c.p. and billy!" You mean the guys the built the company from the ground up? The guys that took the gamble to make shit happen? "they greedy as fuck !" Owner ship and the knowledge to not run a business into the ground is greed? 

"why you think Twiztid left" Because they are capitalist at heart and realize they now know how to make themselves successful and would rather do it their way.

cig_gif

June 25, 2015
8:20 pm
Novocaine, The Blue Collar King
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Realizm said

Novocaine, That Aussie Asshole said
the tech concerts would have been big bucks too. nearly every show sold out. and at 65 bucks a head. hooooooo.

before expenses and splits, they would have turned well over a million. easy.

Yeh, Tech would be making serious BANK.

yep he would be.

And im in Perth. you in aus eh? shit be expensive here. 

as for the whole people turning upto gigs, the last necro concert i went to at the rosemount in 2008 was atleast 500m people. im pretty sure they were packed to capacity. 

i still stand the underground assault tour will pull 400 - 600 heads a show. everyone fucking went mad for boondox last time he was here.

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