‘No One Should Own You’: Pharrell Williams Slams Record Label Advances

“You shouldn’t walk into a company and say, ‘I’m gonna make this record.’ They give you an advance then for the tenure of that, the entire time your album’s out, you’re working to pay back that advance,” Williams said during the conversation. Stoute interrupted, stating, “It’s illegal.” Williams then said, “No bank gives a company a loan to start a company and walks away with the trademarks.” […]