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Beyond the recording studio: Musicians turned business moguls

June 17, 2025
in Business
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By Megan SaylesAFRO Employees Writermsayles@afro.com

For generations, Black musicians have formed American tradition and leisure— but many have struggled to revenue from their expertise alone. 

Consequently, artists from gospel pioneers to hip-hop icons have redefined what it means to be a musician over time, capitalizing on their platforms to construct enterprise empires.  

“It’s very tough for artists to truly become profitable promoting music. They’ve all the time needed to do different issues too,” mentioned Mark Anthony Neal, an creator and African and African American research professor at Duke College.  “Traditionally, it was taking your act on the street as a result of artists earn more money touring than promoting information. Now, it’s develop into establishing a model as a musician and increasing that model to cowl your small business pursuits as a way to make a dwelling.” 

Mark Anthony Neal is an African and African American research professor at Duke College. He’s additionally the creator of a number of books on Black popular culture and music. (Photograph courtesy of Mark Anthony Neal)

Neal has penned a number of books about Black pop music and tradition, exploring their legacy and evolution all through time. From his perspective, probably the most distinguished examples of a Black musician who merged musical expertise with enterprise savvy is the late Thomas A. Dorsey. 

Often called the “Father of Gospel Music,” Dorsey was a composer who blended sacred lyrics with blues music. The fusion was novel on the time, particularly as many individuals related the blues with the satan. However, Dorsey was additionally a profitable businessman. Within the Nineteen Thirties, he based the primary Black-owned gospel music publishing firm, Dorsey Home of Music, promoting his sheet music to Black church buildings and choirs. 

One other instance that stands out to Neal is acclaimed soul artist Sam Cooke, who began his personal publishing firm in 1959. This allowed Cooke to retain the rights of his songs and challenged the routine exploitation of Black artists by the music trade. 

Neal believes immediately’s Black artists have a deeper understanding of the significance of constructing enterprise ventures past music.  

“As a result of they’ve seen so many tales of Black artists who, for no matter cause, weren’t savvy sufficient on the enterprise aspect and located themselves of their 50s and 60s unable to make a dwelling and maintain themselves, there’s a youthful technology of artists that’s been a lot extra savvy— significantly with hip-hop,” mentioned Neal.“I believe each artist who will get concerned within the enterprise may be very acutely aware that they will’t merely make a dwelling by promoting information or streaming music.” 

Apart from his leisure firm Roc Nation, Shawn Carter, better-known as Jay-Z, has constructed a various empire that spans luxurious drinks, trend, sports activities administration and know-how investments. 

Jared Ball is a professor of communication and Africana research at Morgan State College. He’s additionally the creator of the guide,“The Delusion and Propaganda of Black Shopping for Energy.” (Photograph courtesy of Jared Ball)

American rapper Nas owns QueensBridge Enterprise Companions, a enterprise capital agency that’s backed firms like Ring, Dropbox and Robinhood. Rihanna’s Fenty Magnificence has develop into a billion-dollar magnificence model. 

As extra musicians discover success within the enterprise world, Neal cautioned that artists mustn’t scale back the tradition they create to a mere business product.  

“Artists must be savvy sufficient to know the best way to management the narrative of what’s from the wellspring of Black cultural manufacturing as opposed to what’s simply being purchased and bought,” mentioned Neal. “Too many individuals now, together with some younger artists, deal with Black tradition as a commodity. They must suppose by way of that as a result of as soon as it turns into business, it additionally turns into disposable.” 

Although the rising development of musicians changing into enterprise moguls could also be seen as progress, some see it as a response to deeper structural issues inside the trade. 

“The explanation Black musicians look to increase into different areas of enterprise is as a result of they’ve already been exploited and totally restricted inside the extremely monopolized and politicized environments of the music trade,” mentioned Jared Ball, professor of communication and Africana research at Morgan State College. “Then, they go off and attempt to make up for that by extending their model and making as a lot as they will off of it.” 

However, Ball warned that whilst Black artists department out into enterprise to realize extra management over their careers and earnings, they typically discover themselves operating up towards the identical structural limitations that restricted them within the music trade. 

He advocated for redistributing the earnings of the music trade to raised compensate the artists who create its worth. This might embody offering musicians with unions, well being care and retirement advantages. 

“Even all the way down to the so-called ‘one-hit marvel,’ these artists are serving to to provide billions of {dollars} for what’s finally two to 3 firms on the possession aspect of the music trade and two to 3 firms on the distribution aspect,” mentioned Ball. “As a substitute of worrying about every particular person, we ought to be advocating that labor be unionized, organized and higher paid, protected and revered for the wealth that it produces.” 



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