f k a (fka) wrote in ohnotheydidnt,
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Frank Ocean is entitled to 70% of revenue, rather than the 14% he would've gotten on a major label



Frank Ocean is no longer signed to UMG, after Endless satisfied his contractual obligations to the label.

By self-releasing Blonde, Frank Ocean is entitled to 70% of revenue from sales and streaming, rather than the 14% he would've gotten if he were still signed to UMG.

This news comes out after it was revealed in a leaked memo that UMG has banned its artists from pursuing exclusive deals.

Source: HITS Daily Double
Tags: frank ocean, music / musician
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