Internet Money Records
Internet Money Records is an American music production collective and record label founded in 2016 by record producer Taz Taylor (born Danny Snodgrass Jr.) in Jacksonville, Florida, and later based in Los Angeles, California.[1][2] The collective, which evolved from a grassroots group of online producers into a major label through partnerships like a 2019 joint venture with 10K Projects, focuses on discovering and developing talent while producing beats for high-profile hip-hop and pop artists.[1][2] Initially formed as a collaborative network of bedroom producers connected via YouTube and beat-selling platforms, Internet Money gained prominence by crafting "type beats" that caught the attention of emerging rappers.[3] Under Taz Taylor's leadership as CEO, the group signed early deals, including a $100,000 agreement with Artist Partner Group in 2017 and a subsequent venture with Alamo Records/Interscope in 2018, enabling them to sign artists and release music independently.[1] Key members include producers Nick Mira, DT (formerly Sidepce), JR Hitmaker, KC Supreme, and others, totaling around 52 producers at its peak, alongside notable associated artists such as Trevor Daniel, Iann Dior, Lil Tecca, and Dro Kenji.[1][2] The collective has produced several chart-topping hits, including Juice WRLD's "Lucid Dreams" (2018, over 3 billion Spotify streams as of 2025), Lil Tecca's "Ransom" (2019, peaking at No. 4 on the Billboard Hot 100), and Trevor Daniel's "Falling" (2020, No. 1 on Billboard's Mainstream Pop chart).[1][2][4] Their debut compilation album, B4 the Storm (2020), featured the 3x platinum single "Lemonade" (No. 6 on the Hot 100, over 1.5 billion Spotify streams as of 2025) with Don Toliver, Gunna, and Nav.[1][3][5] Overall, as of 2021, Internet Money has earned three Grammy nominations, 59 platinum plaques, 33 gold plaques, and 14 Billboard No. 1 hits, establishing it as a powerhouse in modern music production.[2][3]History
Formation and early development
Internet Money Records originated in 2016 as an online producer collective founded by Taz Taylor, born Danny Snodgrass Jr., a record producer from Jacksonville, Florida. The initiative began with a focus on beat-making and enabling remote collaboration among producers through digital platforms, allowing participants to connect and work irrespective of geographic barriers. This approach emphasized the potential for independent success in music production via the internet, without reliance on traditional industry hubs.[6][7] The name "Internet Money" reflected the collective's core philosophy of leveraging digital tools for financial independence in beat production and sales, drawing from the growing trend of online beat marketplaces like YouTube and SoundCloud. That year, the group expanded to incorporate additional talents, including Nick Mira from Virginia and DT (formerly known as Sidepce), who joined through online networks and contributed to the evolving roster. This period marked the solidification of interpersonal connections formed virtually, fostering a collaborative environment centered on creating "type beats" tailored to popular hip-hop styles.[8][9] In its early phase, Internet Money operated without a formal label structure, concentrating on crafting instrumentals for up-and-coming hip-hop artists seeking affordable production options. Key early credits included beats for emerging talents in the Chicago scene, such as initial tracks for Juice WRLD, then an underground artist with limited SoundCloud presence. These efforts highlighted the collective's role in supporting regional hip-hop development through accessible, high-quality production.[8][10] By 2017, the collective transitioned from casual group chats and ad-hoc partnerships to a more organized framework, with Taz Taylor assuming the role of CEO to guide operations and producer development. This shift laid the groundwork for scaling the group's influence while maintaining its internet-centric ethos.[8]Breakthrough releases and label partnerships
Internet Money's breakthrough began with strategic label partnerships that formalized their operations and expanded their reach. In April 2018, the collective signed a joint venture distribution deal with Alamo Records and Interscope Records, enabling broader artist signings and releases.[6] This agreement marked a pivotal shift from their informal online origins, providing resources for professional production and promotion. By late 2019, following tensions with Alamo, Internet Money transitioned to a new joint venture with TenThousand Projects and Virgin Music Group (under Universal Music Group), which facilitated independent control while leveraging major distribution networks.[11][12] Key productions from 2019 onward solidified their commercial prominence. The collective's involvement in Juice WRLD's "Lucid Dreams," produced by Nick Mira and initially released in 2017, gained massive traction in 2018–2019, peaking at number 2 on the Billboard Hot 100 and amassing billions of streams.[13] This track, stemming from early collaborations after Juice WRLD joined the Internet Money roster, showcased their melodic trap sound and contributed to the artist's mainstream breakthrough. Later that year, Internet Money's production on Lil Tecca's "Ransom"—handled by Nick Mira and Taz Taylor—became their first major viral hit, debuting at number 93 and peaking at number 4 on the Hot 100, driven by SoundCloud buzz and Lyrical Lemonade's music video.[14][1] The song's success, certified multi-platinum, propelled Lil Tecca to stardom and highlighted Internet Money's ability to craft infectious, youth-oriented anthems. As a recording entity, Internet Money released their debut single "Somebody" featuring Lil Tecca and A Boogie wit da Hoodie on October 10, 2019, under the new TenThousand Projects deal, establishing them beyond production roles.[12] The track charted on the Billboard Hot 100, blending melodic flows with trap beats to signal their artistic ambitions. This momentum culminated in their debut album, B4 the Storm, released on August 28, 2020, which debuted and peaked at number 10 on the Billboard 200 and earned gold certification from the RIAA in March 2021 for over 500,000 equivalent units.[15] Featuring high-profile guests like Juice WRLD and Gunna, the project underscored their elevated profile through star-powered collaborations and hit singles.Recent milestones and legal developments
In 2021, Internet Money Records achieved commercial success with the single "His & Hers," featuring Don Toliver, Lil Uzi Vert, and Gunna, which debuted at number 67 on the Billboard Hot 100.[16] The track earned gold certification from the RIAA later that year, reflecting the collective's ability to blend melodic trap elements with high-profile collaborations. This release built on their earlier momentum, showcasing their evolving production style amid the rise of streaming platforms. The label continued to expand its influence through key productions and artist development in the following years. Members contributed to tracks like "Betrayal" by Trippie Redd featuring Drake, highlighting their role in crafting beats for major artists within the hip-hop ecosystem.[17] Internet Money also nurtured emerging talents such as iann dior and 24kGoldn, with iann dior achieving breakout success on "Mood" alongside 24kGoldn, which exemplified their hands-on approach to fostering new voices in the genre. In August 2022, they released the EP We All We Got, a six-track project featuring artists like Lil Yachty, Yeat, and Lucki, further demonstrating their collaborative ethos.[18] By 2024, Internet Money maintained relevance with the single "Keep It Cool" featuring Rich Amiri, released amid the dominance of streaming services that have reshaped music consumption.[19] Their innovative production model received broader industry acknowledgment in Billboard's 2025 Multisector R&B/Hip-Hop Power Players list, where their track "Lemonade" was cited as an exemplar of teamwork in song creation.[20] However, the year also brought legal challenges; on November 4, 2025, Internet Money Records, LLC, along with Taz Taylor and others, filed a $4 million lawsuit against TenThousand Projects, LLC, Warner Music Group, and related parties in the U.S. District Court for the Central District of California. The suit alleges breaches of contract in their joint venture, including failure to provide accurate royalty statements, unauthorized renegotiations of artist deals, and withholding of millions in profits from distribution rights.[21][11]Organization and Members
Founders and core producers
Internet Money Records was founded by Taz Taylor, born Danny Lee Snodgrass Jr. on October 20, 1992, in Jacksonville, Florida, who serves as the collective's CEO and primary visionary.[22] As the driving force behind the label's formation in 2016, Taylor oversees operations and shapes the group's direction toward innovative beat-making and artist development.[8] His contributions include pioneering the emo-hip-hop sound integral to the collective's identity, blending melodic elements with trap influences through guitar-driven productions.[8] Nick Mira joined as a key producer in 2018, quickly becoming a cornerstone of Internet Money's output with his expertise in crafting melodic trap beats.[8] Mira co-produced several tracks on the collective's debut album B4 the Storm (2020), including contributions that highlight dynamic, emotive rhythms central to the group's style.[1] His role extends to engineering and beat creation, emphasizing layered, atmospheric sounds that define Internet Money's trap-pop fusion.[1] Rio Leyva emerged as an early member, specializing in mixing and production to refine the collective's polished trap aesthetics.[23] Leyva's work focuses on energetic, playful elements in beats, contributing to the group's signature sound through detailed post-production and composition.[24] The core roster also includes producers such as DT (formerly Sidepce), JR Hitmaker, KC Supreme, Thankyouwill, Mason Wu, Vendrbeats, Noah Mejia, Spaceman, Cxdy, E-Trou, and Pharaoh Vice, each bringing specialized skills to Internet Money's trap and pop-rap productions.[25] These members typically hold 5-10 notable credits within the genre, focusing on areas like beat selection, sampling, and instrumental layering to support the collective's cohesive sonic palette.[26] Internet Money's workflow revolves around remote and in-person collaboration, with producers sharing beats via group chats and files to foster internet-based creativity across locations.[8] This approach, often involving multiple contributors in simultaneous sessions, enables flexible development of tracks that emphasize the group's trap-infused, melodic trap sound.[1]Business operations and affiliations
Internet Money Records functions as a hybrid record label and producer collective, blending traditional artist signing and development with collaborative production efforts among its members. Based in Los Angeles, California, the entity was established in 2016 by producer Taz Taylor, who leads as CEO and oversees its operations as a hub for emerging producers and artists. This structure allows it to operate both as a creative union for beatmakers and a full-service label focused on talent cultivation within the hip-hop and trap genres. The label's distribution has evolved significantly since its inception. Initially operating independently from 2016 to 2018, Internet Money entered a joint venture with Alamo Records and Interscope Records in 2018, enabling wider reach for its early releases. In October 2019, it shifted to a partnership with 10K Projects, distributed through Virgin Music under Universal Music Group. Following 10K Projects' joint venture with Warner Music Group in September 2023, Internet Money's releases now fall under Warner's umbrella, providing enhanced global distribution and resources for promotion. In November 2025, Internet Money filed a $4 million lawsuit against 10K Projects in Los Angeles federal court, alleging breach of their joint venture agreement, including withholding profits and failure to provide accurate accounting.[11] Revenue for Internet Money derives from multiple streams, including the sale of beat packs and type beats through online platforms like YouTube, where the collective initially built its audience by offering customizable production tools to aspiring artists. Additional income comes from production royalties on chart-topping tracks, artist development services that guide signed talent through recording and release processes, and merchandise sales available via its official website, internetmoneyrecords.com. These diversified approaches reflect the label's roots in digital entrepreneurship, prioritizing accessible entry points for producers while scaling through major label infrastructure. Operationally, Internet Money emphasizes A&R scouting for emerging talent, often identifying artists via social media submissions and online networks, with a dedicated head of A&R to nurture raw potential into commercial viability. The collective maintains an focus on digital tools, such as online beat packs for remote collaboration and producer workshops or tutorials to educate on industry techniques. Marketing strategies heavily leverage virality on platforms like TikTok and Instagram, where short-form content and user-generated challenges have propelled releases to billions of streams by capitalizing on algorithmic trends. In terms of affiliations, the label partners with Audible Treats for public relations and publicity support, aiding in media placements and artist branding.Artists and Collaborations
Signed and current acts
Internet Money Records has signed a select group of artists since its inception, focusing on those whose styles align with the label's signature trap, hip-hop, and melodic production aesthetics. Many signings originate from initial collaborations within the collective's producer network, allowing for seamless integration and in-house development. This approach emphasizes nurturing talent through close creative partnerships, often leveraging the label's roster of producers to shape artists' outputs.[1] Iann Dior, signed to Internet Money Records and 10K Projects in 2019, remains an active artist associated with the label as of 2025. His releases include the 2020 single "Mood" (remix with 24kGoldn), albums Industry Plant (2019) and On to Better Things (2022), and the 2025 album Cycles. A November 2025 lawsuit between Internet Money and 10K Projects highlights ongoing ties regarding profit participation for Dior.[21][27] Dro Kenji, signed in 2021 to a joint venture with Mira Touch and 10K Projects, brings rock-rap energy to the roster, drawing from influences like XXXTentacion. With multiple releases including the 2021 album Angels In The Marble and the 2025 EP The End of Nothing (released June 20, 2025), Kenji's output—totaling over seven full-length projects—demonstrates the label's commitment to artists compatible with its trap and melodic foundations. His active status in 2025 underscores Internet Money's role in elevating emerging talents through dedicated production support.[28][29][30] Former signings include Turbo (2020, via 10K Projects and Homemade Projects), lilspirit (2020), and Alec Wigdahl (2019, via 10K Projects), who contributed early releases but have limited recent activity under the label as of 2025.[31][32][33][34][35][36][37][38][39]Notable external collaborations and productions
Internet Money's producers have garnered significant recognition for their work on high-profile tracks by major artists outside the label's roster. Nick Mira and Taz Taylor, core members of the collective, produced Lil Tecca's breakthrough single "Ransom" in 2019, which peaked at number four on the Billboard Hot 100 and earned diamond certification from the RIAA. Similarly, Mira handled production on Juice WRLD's "Lucid Dreams" in 2018, a track that reached number two on the Hot 100 and achieved quadruple platinum status, marking an early milestone in the collective's rising influence. For Drake, Internet Money members including Dynox and Pinkgrillz88 contributed to "Betrayal" from Trippie Redd's 2021 album Trip at Knight, a collaboration that blended melodic trap elements and charted within the top 20 on the Hot 100. The collective has extended its reach through partnerships with a diverse array of hip-hop talents, including Trippie Redd on multiple projects such as the platinum-certified "Fuck Love" with XXXTentacion in 2017, Lil Uzi Vert on "His & Hers" in 2020, the Kid LAROI on "Speak" in 2020, Lil Tjay on various singles, and YoungBoy Never Broke Again on "TRAGIC" in 2020. These efforts have resulted in over 50 production credits on RIAA platinum-certified singles, underscoring Internet Money's role in shaping contemporary trap and emo rap sounds. On their own releases, Internet Money has featured prominent guest artists, such as Gunna, Don Toliver, and NAV on the 2020 hit "Lemonade," which topped the Rhythmic Songs chart and earned 4× Platinum certification, and A Boogie wit da Hoodie on "Somebody" from the same year's compilation B4 the Storm. These features not only boosted the tracks' commercial success but also highlighted the label's ability to attract top-tier talent for collaborative verses.[40] Internet Money's external productions have profoundly impacted emerging artists' trajectories, notably launching 24kGoldn's career with the 2020 single "Mood," produced by Nick Mira, which spent eight weeks at number one on the Hot 100 and achieved nine-times platinum status. The remix featuring Iann Dior further amplified its reach, propelling both artists into mainstream stardom. Collectively, the group's contributions have surpassed 100 million RIAA-certified units across their catalog. Beyond signed acts, Internet Money has provided key production for non-label albums, including tracks on Trippie Redd's Virgo World in 2022 and the deluxe edition of Drake's Fuck Love (Savage) collaboration with Trippie Redd in 2020, where members like Taz Taylor and JR Hitmaker added beats that enhanced the projects' emotional depth and chart performance.Discography
Studio albums
Internet Money Records released its debut and only studio album, B4 the Storm, on August 28, 2020, through the label's own imprint in partnership with TenThousand Projects.[41] The project consists of 17 tracks, all produced exclusively by members of the Internet Money collective, highlighting their signature sound of trap-influenced beats layered with melodic hooks and atmospheric elements.[42][41] Notable features include high-profile artists such as Gunna, Don Toliver, and NAV on the lead single "Lemonade"; Lil Tecca on "JLo"; and posthumous contributions from Juice WRLD alongside Trippie Redd on "Blastoff," among others like A Boogie wit da Hoodie and Young Nudy.[41][15] Commercially, B4 the Storm debuted at number 10 on the Billboard 200 chart and reached number 6 on the Top R&B/Hip-Hop Albums chart, marking a significant breakthrough for the producer collective.[43] The album was later certified gold by the RIAA in March 2021, denoting 500,000 equivalent units sold or streamed in the United States.[15] This success underscored Internet Money's ability to curate collaborative hip-hop projects that blend viral singles with cohesive production, though the album includes some experimental or "throwaway" tracks completed rapidly within a single month of production. As of November 2025, Internet Money Records has not released any additional full-length studio albums under the collective's name, shifting focus toward extended plays, compilations, and individual singles.[44]Extended plays and compilations
Internet Money Records has primarily focused on full-length studio albums and singles in its discography, with extended plays serving as platforms for experimental collaborations and showcasing emerging talent within the trap and hip-hop scenes. The label's sole notable EP to date is We All We Got, released on August 19, 2022, through 10K Projects and Internet Money Records.[45][46] Spanning six tracks with a total runtime of approximately 13 minutes and 45 seconds, We All We Got emphasizes collaborative beat production and features a roster of rising rappers, including Yeat, Lucki, Ken Carson, Lil Yachty, Destroy Lonely, and Nardo Wick.[47][48] The project highlights the collective's signature sound, blending melodic trap elements with high-energy features to test new artist pairings and production styles. Key producers involved include core Internet Money members Taz Taylor, Nick Mira, and Cxdy, alongside contributors like Census, Rio Leyva, and Hologram, who crafted beats centered on atmospheric synths and hard-hitting 808s.[45][49] This EP represents Internet Money's approach to shorter-form releases as vehicles for innovation, allowing the label to spotlight up-and-coming voices without the scope of a full album. While not a traditional compilation, it functions similarly by aggregating diverse features to demonstrate the collective's network and evolving production techniques.[50] No additional major extended plays or dedicated compilation projects have been released by the label as of late 2025, with efforts instead channeled into singles and album expansions.[51]Singles as lead artist
Internet Money's singles as lead artist have showcased the collective's signature trap-influenced production, often featuring high-profile guest rappers and achieving notable commercial success on the Billboard Hot 100. Their debut effort marked a breakthrough, while subsequent releases built on that momentum with collaborations that blended melodic hooks and booming beats, contributing to the group's rising profile in hip-hop. These tracks highlight Internet Money's ability to craft viral hits through strategic artist pairings and polished sound design. Key singles include:| Title | Featured Artists | Release Year | Peak Position (Billboard Hot 100) | Certification (RIAA) |
|---|---|---|---|---|
| "Somebody" | Lil Tecca, A Boogie wit da Hoodie | 2019 | #96 | Platinum |
| "Lemonade" | Gunna, Don Toliver, NAV | 2020 | #6 | 3× Platinum |
| "His & Hers" | Don Toliver, Lil Uzi Vert, Gunna | 2021 | #67 | Gold |
| "Jetski" | Lil Mosey, Lil Tecca | 2021 | Did not enter (peaked at #19 on Bubbling Under Hot 100) | None |
| "2k in tha Soda" | LUCKI | 2022 | Did not enter Hot 100 | None |
| "Flossin'" | YoungBoy Never Broke Again | 2022 | #72 | None |
| "I Remember" | Roddy Ricch, Kodak Black | 2023 | Did not enter Hot 100 | None |
| "Keep It Cool" | Rich Amiri | 2024 | Did not enter Hot 100 (charted on NZ Hot Singles) | None |