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You do have that crazy doctor on PRI that'll answer anything. Even why a kangaroo would decide to only urinate on a man's couch (it doesn't want any urine to splash on its feet so it prefers to go somewhere soft, horses can be the same way).Quote:
Originally Posted by dave is ok
It all depends on the artist, but big name artists make fortunes by touring. Bands that aren't established tour with promotion heavily in mind, but once a band is successful touring is a goldmine. They play big venues where they for the most part get to just show up, play, sell merchandise, get paid and leave.
The recording industry is staggeringly blind and arrogant, they've been in a position for years to adapt and avoid becoming obsolete and they've chosen to hasten their own demise instead. Digital music is not a fad, the sooner they get that through their thick heads and develop some humility the better their chances of being relevant in the future are.
As MyKozo pointed out, the majority of the profits go to the record labels. It's the musicians that can hang around long enough (5 years + or more than 3 albums) that stand a chance to make the big bucks. Once they've lasted out the length of their contract, they are the ones holding the ball. It's up to those musicians to sign a more lucrative deal.Quote:
Originally Posted by SpoDaddy
Howard Stern had The Presidents of the United States of America on for an interview last year. Believe it or not, they are still putting out albums, but it's on thier own independent label. The guys from the band talked about how their first album sold multi-platinum, yet they had nothing to show from it. They couldn't make money with a record label.
Here's their indy album: http://www.allegro-music.com/pusa/
Remember that 3 girl band that sang Waterfalls? I can't remember their names, but one of the singers was called Chili. Their second album went platinum, yet they all had to claim bankruptcy. So much for that point system.
The problem is, they have to rely on record labels to get their names out there. Maybe once satellite radio becomes the standard, radio programming that caters to those indy style bands will give them a chance to break free of the Sony's of the record industry.Quote:
The recording industry is staggeringly blind and arrogant, they've been in a position for years to adapt and avoid becoming obsolete and they've chosen to hasten their own demise instead. Digital music is not a fad, the sooner they get that through their thick heads and develop some humility the better their chances of being relevant in the future are.
The band's TLC. And I didn't know they all went bankrupt.Quote:
Originally Posted by gamevet
I just rip my friend's cds in iTunes and enjoy them that way.
Yes, it is TLC. They were featured on VH1's Behind the Music and the biggest focal point was on how they went bankrupt.Quote:
Originally Posted by Brisco Bold
Quote:
Originally Posted by gamevet
wow I remember one of their albums sold over like 14 million copies
BUT then again it could be they spend money like air
didn't Mike Tyson buy like one new car every single day or something???
just watch those billions go...
Considering all 3 of them had to claim bankruptsy, it's very unlikely. They barely made crap from the first album. The second album sold very well, but with back taxes and money they supposedly owed the record company for their first album, all did not go well. It's a story of poor managemant, bad accounting and a record company that put together a very shitty contract for TLC.Quote:
Originally Posted by WTFer
Mike Tyson's an idiot, who was taken advantage of by all who knew him. He had a posse of people on his bank account. Remember seeing Tyson entering the ring with about 20 people surrounding him. Who were all these people?
Then he had law suits with Don King and the whole rape conviction as well. Plus taxes he owed on unreported income (with penalty fees).
One of the members broke it down, bit by bit, and thier 2nd album, after the label was paid back, agents and such, they each made about 50 grand.Quote:
Originally Posted by gamevet
150K to the artists for an album that went multi-platnum, that the label made millions off of.
This is why the music industry sucks.
Seriously.
Stop buying CDs from these giant record labels.
They're always the easiest ones to steal anyway.