Karlie Redd, the reality TV star, signed a global multi-million dollar deal with Legacy Records.
Legacy Records is notable for being a "cryptocurrency label," which means it distinguishes itself by paying its artists in cryptocurrency. This groundbreaking deal marked a significant milestone for Legacy Records, as Karlie Redd became the label's first female artist.
This move highlighted a growing trend of artists exploring innovative financial models and payment methods within the music industry, moving beyond traditional currency.
Key Aspects of Karlie Redd's Deal with Legacy Records:
- Record Label: Legacy Records
- Deal Type: Global multi-million dollar agreement
- Payment Method: Artists are paid in cryptocurrency by Legacy Records
- Historical Significance: Karlie Redd was the first female artist to be signed by Legacy Records