Frank Ocean’s decision to pull a fast one on Def Jam and Universal Music Group is working out nicely, if you care about trivial things like artistic freedom and fat bank accounts.
Frank released a 45-minute visual album titled Endless earlier this month, freeing him from his contractual obligations with the record companies. Then, just days later, released Blonde on his own independent label, Boys Don’t Cry.
That album has sold 276,000 units since its release last Saturday. According to Forbes, artists on a major record label typically make anywhere from $1.50 to $2.00 per album. But since Ocean released his project on his own label, he’s seeing anywhere from $5 to $7.50 per album sold. That means after the expenses that went into producing the album, Ocean has already pocketed $1 million in profit in just one week.