DJ Akademiks: I Spent $70K On 1 Artist I Signed And Lost All That Money, 90% Of Artists Fail

In this clip, Mase’s contract situation with Fivio Foreign prompts a discussion between DJ Akademiks and DJ Vlad about recording contracts and how certain musicians are better off remaining independent. DJ Akademiks states that artists should “own your sh*t and invest in yourself,” while DJ Vlad agrees by adding that artists signed to record labels have a 90% failure rate. As the conversation moves along, DJ Akademiks shares some advice that he once received from a record executive about signing artists before talking about budging for artists and recouping money from investments related to recording artists.