Memphis producer Joe The CEO speaks on selling major song for $1000
Joe The CEO stated that one thousand dollars looked good to him and so he forked over the song and eight months later found out that the song was about to be released through a major.
While doing an interview with music mentor and founder of Rap Coalition, Wendy Day, and spending time with her and some of her friends during dinner, Sean Cole of Marketplace had a chance to speak with 21 year-old music producer Joe the CEO on how he signed away his publishing rights.
Joe The CEO told Sean Cole that Wendy Day took him in like he was one of her kids or something and he also explained how most of his money came from running a family car dealership. Joe The CEO was stated to be more business savvy than what he was more than three years ago when someone came to him and offered him $1,000 for a song. Joe The CEO stated that one thousand dollars looked good to him and so he forked over the song and eight months later found out that the song was about to be released through a major and there was nothing he could do then. This inturn meant that he signed away his publishing rights for the song.
Later after the dinner, Joe The CEO told Wendy Day that he wanted to get a major label’s attention by buying up his own CD’s and Wendy Day stated, “And then after you’re done wasting my time. Cause it won’t work.” Joe The CEO comes back asking “It won’t?” and Wendy ends it with, “No. I love you, Joe.”
From what the interview stated Joe The CEO was said to be still in his learning stages, but with a music mentor like Wendy Day by his side, you can’t help but to gain knowledge.