wrote in message
If I understand the way a typical contract works the label
gets most, or all of the profit from album sales while the
group makes money from concerts. Assuming of course,
that they do make money.
That's pretty close ... the more famous you are, and the more albums you
have with a track record, the more favorable the terms you can negotiate on
a typical recording contract. Basically, the first time or two out of chute,
you get shafted ... labels, like any entity who writes the contract, can be
very creative in what comes out of gross to figure net.
For most any on in the music/recording business, the _real_ money is in the
publishing, not record sales, so those who write their own songs and manage
to hold onto the publishing rights can make a bundle.
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Last update: 2/07/07