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Roddy Ricch

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Roddy Ricch's Single 'The Box' Cleared Of All Copyright Allegations — What This Could Mean For Up-And-Coming Musicians and Recording Labels

Roddy Ricch, whose given name is Roderick Wayne Jr., has emerged victorious in a two-year legal battle surrounding his chart-topping hit song, “The Box.”

Michelle Burk

Feb 20, 2024

Apple Music’s Top Artists May Have Missed A Multi-Million Dollar Opportunity

Neon Money Club pulled up fresh from attending the 65th Annual Grammy Awards to put us on game by merging investment education with music. — In 2020, Roddy Ricch had the most played song on Apple Music with 455 million streams. Apple Music only pays $0.01 per stream, which means Ricch made an estimated $4.5 million from Apple Music that year. But what if the streaming service paid him in Apple stocks instead of cash? Let’s find out.   “You don’t have to be an investment professional to spot value.”   Apple’s stock price was $79 per share in 2020. Therefore, Roddy Ricch would’ve gotten 57,500 shares. That same stock is worth $152, as of this writing, which means his $4.5 million would’ve nearly doubled to $8.6 million. If Roddy had made a similar move with Spotify, he would’ve lost money instead. But unlike Spotify, streaming isn’t Apple’s only business (iPhone, AppleTV+, Macbook, etc.), and this is where common sense analysis (a.k.a. Good Taste) is useful. You don’t have to be an...

Neon Money Club

Feb 6, 2023

Lanre Gaba Promoted To Co-President Of Black Music At Atlantic Records

Lanre Gaba has climbed her way to the top. After serving in roles such as A&R Administration, Head of Urban A&R Operations, and General Manager of Urban A&R, Lanre Gaba can celebrate a new title. Variety reports Lanre Gaba has been promoted to co-president of Black music for Atlantic Records , just in time for her 20th anniversary with the company. Lanre Gaba will now work beside her colleague and co-president Mike Kyser and report directly to chairman-CEO Craig Kallman and chairman-COO Julie Greenwald. “Lanre’s growth over the past two decades has been a wonderful thing to witness,” said Kallman and Greenwald, according to Variety. “She’s evolved into one of the most admired and accomplished execs in our business, driven by a real fan’s passion, deep knowledge and relentless work ethic. Our artists and our team love her for her devotion, creativity, and experience. The combination of Lanre and Kyser will make a brilliant leadership duo for our Black Music department, as we continue...

Samantha Dorisca

Jan 19, 2022

Hip-Hop and R&B Dominate 2020: Nearly A Third of All Streams in the U.S. Came From the Genre Last Year

It’s no secret that Black people run the culture, and the latest report on music streams is proof. Over 30% of all on-demand audio and video streams in the U.S. last year were tracks recorded by R&B and hip-hop artists, Music Business Worldwide reports. The new stats were from industry monitor MRC Data — compiled with Billboard. “In the case of on-demand video streams, the ‘R&B/hip-hop’ category actually claimed over a third of all plays, at 33.9%,” according to Music Business Worldwide. This breakdown finds that the “R&B/hip-hop” category increased its market share of total “album-equivalent sales” here in the U.S. during 2020. One of the most popular tracks for both on-demand audio and video streaming platforms in the U.S. last year was Roddy Ricch’s “The Box.” The song garnered 920.4 million on-demand audio plays and 399.2 million on-demand video plays during 2020. In second place was The Weeknd’s “Blinding Lights” at 691.5 million followed by DaBaby’s “Rockstar” featuring Roddy...

Shanique Yates

Jan 13, 2021