6 ms·
Nirvana and Nevermind, as two distinct extremely valuable entitles, not only got SubPop out of debt, but probably paid for every subsequent SupPop promotion and
by Maursault 4y ago
Nirvana and Nevermind, as two distinct extremely valuable entitles, not only got SubPop out of debt, but probably paid for every subsequent SupPop promotion and record deal, and I wouldn't doubt, still paying. The idea that Nirvana "sold out" and left SubPop hanging isn't really accurate. SubPop held Nirvana's contract.[1] Geffen likely paid for everyones' lawyers, and everyone was happy. Which reminds me that the Beastie Boys, as individuals, made a higher percentage of their record sales and catalog rights than any individual band member before or since because they each made one of the other group members their official manager, which is no longer legal.
[1] https://www.rollingstone.com/music/music-news/sub-pop-posts-nirvanas-original-contract-91989/ https://www.rollingstone.com/music/music-news/sub-pop-posts-...