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Labels are starting to collect money outside of record sales. It's becoming much more common for artists to be signed to "360-degree deals", which is what the r
by leehuffman 15y ago
Labels are starting to collect money outside of record sales. It's becoming much more common for artists to be signed to "360-degree deals", which is what the record companies came up with when album sales started to drop off. They take a cut of everything the artist does - merch, shows, etc.
- ethank 15y agoKeep in mind they also finance the tour, publicity, radio tours, promo, websites, fan clubs, etc. A lot of artists that don't need all-rights deals can afford to run all that themselves and so they sign 270 or 180 deals, a la White Stripes, Metallica, etc. Outside of recorded music, most of the other revenue streams are 50/50 splits and non-recoupable.
- ethank 15y agoDon't know why this was down voted, but anyhow.