Chris Zarou, manager of hip-hop artist Logic and co-founder of Visionary Music Group, explains the strategic business model behind giving away mixtapes for free online.
0:00 / 0:35exact quote · 35.8s
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“I viewed that, putting out free music, as investing in the brand, right? As we were building an audience and a fan base that That was becoming more and more invested, and what that means is that they would later down the road, whenever we asked for it, spend the money, meaning, oh, we're gonna put out our first, you know, project for sale, or hey, we're gonna put up a tour for the first time. Will you spend 12 dollars to come see me in San Diego? Hey, we're selling t-shirts for 20 dollars. So I, that's how I viewed it. We were essentially monetizing free music.”
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More from Chris Zarou
Insight
Zarou: Dedicated touring audiences will reliably convert to paid album buyers
“If they're coming to shows and selling out Rooms across the country, and we're selling out shows all over Europe, they're gonna buy an album for seven 99.”
Chris ZarouAug 16, 2021▶ 51:32Logic: Logic & Chris Zarou (2018)
Insight
Zarou: Releasing free music builds brand equity monetizable through tours and merch
“I viewed that, putting out free music as investing in the brand, right? As we were building an audience and a fan base That was becoming more and more invested, and what that means is that they would, later down the road, whenever we asked for it, spend the mo…”
Chris ZarouMar 11, 2019▶ 29:49Logic: Logic & Chris Zarou
AssertionNot checkable as stated
Def Jam rejected Zarou for an internship before later signing Logic
“It was Def Jam, which is ultimately where, where Logic's, Logic signed to probably a year, a little bit over a year after that, so.”
Chris ZarouAug 16, 2021▶ 20:56Logic: Logic & Chris Zarou (2018)
Disclosure
Zarou's Visionary Music Group signed a joint venture label with Sony
“I just did a joint venture label with Sony music, which I'm very, very excited about.”
Chris ZarouAug 16, 2021▶ 1:04:55Logic: Logic & Chris Zarou (2018)
AssertionNot checkable as stated
Def Jam Rejected Chris Zarou for an Internship a Year Before Signing Logic
“It was Def Jam, which is ultimately where, where Logic's, Logic signed to probably a year, a little bit over a year after that, so.”
Chris ZarouMar 11, 2019▶ 19:52Logic: Logic & Chris Zarou
AssertionNot checkable as stated
Zarou: Logic sold 100,000 tour tickets before releasing a commercial record
“We had sold a 100,000 tickets and X number of dollars in merch. So that's going to translate because it's fans who are invested in him, right?”
Chris ZarouMar 11, 2019▶ 50:28Logic: Logic & Chris Zarou
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