Hip-Hop Philanthropy Ain't Easy
Hey. It's been a tough weekend for black music legends. We lost Andre Harrell, Little Richard, and Betty Wright. My thoughts are with their family and loved ones during this time.
Here's the latest from Trapital.
Weekly article
Why Hip-Hop Philanthropy is Hard to Get Right
Many artists are eager to use their platform to give back, but effective philanthropy takes focus and alignment. (May 7)
Artists like Kanye West and Wyclef Jean have failed with their charity endeavors. Celebrity philanthropy can often fall short because of poor management, not spending enough on actual causes, and not filing annual taxes. The best philanthropic initiatives choose interventions that are scalable, solvable, and neglected.
Trapital Podcast
Entertainment lawyer Tiffany Ballard came on the Trapital Podcast to talk about how she rose in the music industry. She spoke about using Myspace to find career opportunities and discover artists like Nicki Minaj. We also spoke about bad record deals and why they still happen. Tiffany also revisited her brief time on the reality TV show Money Power, & Respect! (May 5)
Trapital Member Updates
How Re-Opening the Economy Impacts Hip-Hop
Thoughts on Live Nation Q1 earnings call, re-opening the economy, and how the politics of that decision impacts hip-hop. (May 8)
Indie Artists Will Need Help to Bounce Back
There's tremendous uncertainty for indie acts. A breakdown of key findings from IFPI's Global Music Report, and SoundCloud and Twitch’s new live programming. (May 4)
Become a Trapitalist (Free for 1 month)
Enjoy Trapital? Well, you're only getting part of the experience! Refer a colleague to Trapital and you'll get to try out Trapital for 1 month. As a Trapital member you'll get:
? Industry updates each Monday and Friday
? Trapital community member access
? Exclusive perks!
Get your personal referral link here. Enjoy the rest of your weekend!
Dan