Summer Walker is on of the hottest R&B singers. Still Over It, released on Friday and people are loving it already. Earlier this week, her contract details were leaked, and people are having mixed reviews about it. Now we know new artist usually don't make a lot of money on their first music deals, because they are unknowns. But here are some of the details.
She signed to LVRN or Love Renaissance, and according to the music publication, she was promised an initial advance of just $110,000 and a royalty rate of 16%, meaning the “Playing Games” singer takes home only 16 cents on every dollar made after the initial advance has been recouped.
