Chance The Rapper has been turning down a lot of money from record labels. Even more so after his recent Grammy wins.
According to reports, Chance has rejected eight figure advances because he wants to remain an independent artist.
"Every label is still trying to get him," said an industry insider. "He's making too much on his own. He was turning down $5 million advances before, and now it's like $10 million. He may do something with Apple but not a label, per se. He's going to remain independent.In December, The Coloring Book creator explained that he wanted to blunt the power labels have over artists.
"I wanted to give the idea of freedom back to artists, and one of the biggest things is control of how you release your music," he explained.In a separate interview with Vanity Fair, Chance said that he makes his money from touring and merchandising. So despite turning down millions, he probably won't be going broke anytime soon.
In fact, it seems like he may have broke the system.
Discuss
News
Joe Budden Has A Theory As To Why So Many Artists Are Mad At Drake / News
News
Jay Rock Disses Drake & His Fans Over Kendrick Lamar Battle Results / News
News
Rick Ross Clowned For Having So Few Fans At His Show / News
News
Offset Goes Viral For Photo With Fan Who Has Something Extra / News
News
Sexyy Red Had To Go To the Doctor On Account of Her Feminine Stank / News
News
Here's a Video Of A Woman Accusing Kendrick Lamar Of Badly Beating A Hooker / News