By late summer, Taylor had agreed to a buyout with Alamo and Interscope and signed a new record deal with TenThousand Projects and Virgin Music, giving him more control of who he could sign to the joint venture. During a stint in mid-2019, Taylor's relationship with Alamo and Interscope soured. In 2018, Internet Money signed a record deal with Alamo and Interscope Records. Taylor believes that Internet Money is a way to help producers make money off of music using the same techniques he uses. In 2016, American record producer Taz Taylor started Internet Money Records.
Their beats are widely know for their heavy use of the 808. The album produced the top-10 single, " Lemonade", a collaboration with Gunna and Don Toliver, which features Nav, which charted at number six on the Hot 100. On August 28, 2020, Internet Money released their debut album, B4 the Storm, which charted at number 10 on the Billboard 200. Members of the collective have frequently produced for artists such as Lil Tecca, Juice Wrld, Trippie Redd, the Kid Laroi, and YoungBoy Never Broke Again, among others. Internet Money has been responsible for multiple songs that have charted on the Billboard Hot 100. Beyond helping other producers with the business side of making music, Internet Money hosts "tours", where producers can collaborate with each other. A blend of a YouTube channel, a record label, and a producer union, Internet Money is a medium for producers to sell beats, as well as an aggregator for producers and creatives. The artists that are signed to the label consist of TyFontaine, Lilspirit, and Turbo. The producer collective consists of Taylor himself, Nick Mira, DT, Alec Wigdahl, Cxdy, E-Trou, Jolz, JR Hitmaker, KC Supreme, MJ Nichols, Pharaoh Vice, Repko, and Boyband.
It was founded by American record producer Taz Taylor, who serves as the chief executive officer (CEO). Internet Money Records, often credited as Internet Money, is an American record label and record producer collective.