Last month local hip-hop phenom Chance the Rapper landed on the Billboard charts with his Acid Rap mixtape, which he released for free in April; a "label" called MTC sold 1,000 units, and it landed on Heatseekers at 26 and the R&B/hip-hop chart at 63. MTC's Acid Rap CD is unlicensed, but as Billboard recently explained, Chance faces an uphill battle fighting bootleggers because he remains unsigned:
Since Chance doesn't have a record deal, he doesn't enjoy the protection of the RIAA.…[ Read more ]