Publishing 101: Jim Jones & Max B
Nobody in Dipset thought Jimmy would be a rapper. No-one took his rapping career seriously, Cam, Duke, Dame, you name it. (Me,My Moms and Jimmy doesn’t count! )
Cam was writing all of Jimmys rhymes up until 2002. Jimmy starts writing his own material. He surprised people, and to be honest, he was very introspective, talked about some real life issues at times.
Jimmy finally signs a deal in 2004 with Koch Records. On My Way To Church does some good numbers, especially considering that Koch was an Independent label.
With the next album he gets an increase workload, getting high doesnt help either, so he uses some rhymes from his ByrdGang group every now and then. But the most frequent writer was Max B.
Max and Jimmy eventually have a dispute over several reasons, which I wont go into. He stops writing for Jimmy and leaves ByrdGang.
One mistake Max had made, was selling his publishing to Jim Jones for $9ooo. Ouch.
Jim Jones pretty much owns Max B. Truth hurts. Max B won’t make a cent off any of the records he wrote for Jimmy. One of them was a Gold selling single too. This isn’t a 50/50 split, this is 100% ownership of his material.This means that for $9000 Max had given Jim a revenue of what I estimate to be over several million dollars.
I’m assuming this is what was a factor in stopping Max from moving to the big leagues,(Max B is a good songwriter, he wrote a Gold single with no deal).There was interest shown from Konvict Muzik, G-Unit and at one point Cam’ron/Diplomat Records. (not to forget his court case).
Publishing is power. These 360 deals are designed to get even further in an artists pocket. Diddy was making money off Jada/Styles/Sheek up until 2005 I believe.