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Kanye West Vaults from Broke to Billions with Yeezy in Demand

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Re: Kanye West Vaults from Broke to Billions with Yeezy in Demand

#3

> He calls it the “next frontier of living for humanity.” Sounds like something Adam Neumann would say.

Yeah but Kanye is actually generating billions in revenue and is one of the biggest cultural icons right now which imo gives him more of a pass to be weird.

Neumann was more of a conman that was only good at turning billions of dollars into...billions of dollars of debt. And don't forget his weird cultish entourage.

Re: Kanye West Vaults from Broke to Billions with Yeezy in Demand

#4

> He calls it the “next frontier of living for humanity.” Sounds like something Adam Neumann would say.

Yeah but Kanye is actually generating billions in revenue and is one of the biggest cultural icons right now which imo gives him more of a pass to be weird. Neumann was more of a conman that was only good at turning billions of dollars into...billions of dollars of debt. And don't forget his weird cultish entourage.

How do artists actually collect this kind of cash these days, now that no one buys CDs? Wouldn't he need a trillion or so streaming listeners to generate a billion dollars?

Edit: never mind, looks like he's selling sneakers.

Re: Kanye West Vaults from Broke to Billions with Yeezy in Demand

#5

Earlier quoted context omitted.

Yeah but Kanye is actually generating billions in revenue and is one of the biggest cultural icons right now which imo gives him more of a pass to be weird. Neumann was more of a conman that was only good at turning billions of dollars into...billions of dollars of debt. And don't forget his weird cultish entourage.

How do artists actually collect this kind of cash these days, now that no one buys CDs? Wouldn't he need a trillion or so streaming listeners to generate a billion dollars? Edit: never mind, looks like he's selling sneakers.

[deleted]

Re: Kanye West Vaults from Broke to Billions with Yeezy in Demand

#6

Earlier quoted context omitted.

Yeah but Kanye is actually generating billions in revenue and is one of the biggest cultural icons right now which imo gives him more of a pass to be weird. Neumann was more of a conman that was only good at turning billions of dollars into...billions of dollars of debt. And don't forget his weird cultish entourage.

How do artists actually collect this kind of cash these days, now that no one buys CDs? Wouldn't he need a trillion or so streaming listeners to generate a billion dollars? Edit: never mind, looks like he's selling sneakers.

For smaller artistes - Merch, concert tour sales Larger artistes might get a better cut from the streaming service?

Re: Kanye West Vaults from Broke to Billions with Yeezy in Demand

#7

> He calls it the “next frontier of living for humanity.” Sounds like something Adam Neumann would say.

Yeah but Kanye is actually generating billions in revenue and is one of the biggest cultural icons right now which imo gives him more of a pass to be weird. Neumann was more of a conman that was only good at turning billions of dollars into...billions of dollars of debt. And don't forget his weird cultish entourage.

Kanye is both a cultural icon, and also regularly sounds unhinged. That’s not a value statement, just an observation.

Re: Kanye West Vaults from Broke to Billions with Yeezy in Demand

#9

> He calls it the “next frontier of living for humanity.” Sounds like something Adam Neumann would say.

One of the most cynical things about his entire persona is that a few months ago he was ranting on about black people being brainwashed and that they'd need to make economically sensible choices and pretty much the entire 'bootstrap' speech, and then he's out there selling overpriced sneakers to kids calling it the next frontier for humanity.

Re: Kanye West Vaults from Broke to Billions with Yeezy in Demand

#10

Earlier quoted context omitted.

Yeah but Kanye is actually generating billions in revenue and is one of the biggest cultural icons right now which imo gives him more of a pass to be weird. Neumann was more of a conman that was only good at turning billions of dollars into...billions of dollars of debt. And don't forget his weird cultish entourage.

How do artists actually collect this kind of cash these days, now that no one buys CDs? Wouldn't he need a trillion or so streaming listeners to generate a billion dollars? Edit: never mind, looks like he's selling sneakers.

It's more than just 'CDs' or 'Downloads' for artists these days, which which is pretty much not what they just do to get revenue. It's from their merchandise, investments in other companies and also founding their own companies which actually makes them their billions.

Think of Dr. Dre's Beats, Jay-Z's Tidal and investments in Uber. Now Kanye's Yeezy brand too.

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