3 ms·
Musicians are not the ones raking in all the money - the record companies are the ones doing that. There are plenty of articles about how artists would have mad
by Tangurena2 4y ago
Musicians are not the ones raking in all the money - the record companies are the ones doing that. There are plenty of articles about how artists would have made more money working at McDonalds while the record company brought in 8-9 digits of revenue. In TLC's case, their 2 albums sold over $100,000,000 yet the 3 artists each received less than $50k. The studio and management companies made bank.
Samples:
0 - https://www.salon.com/2000/06/14/love_7/ https://www.salon.com/2000/06/14/love_7/
1 - http://www.nytimes.com/1996/11/25/business/tlc-settles-suit-setting-aside-a-troubling-use-of-bankruptcy.html http://www.nytimes.com/1996/11/25/business/tlc-settles-suit-...
> The group later revealed that the owner of Pebbitone made them pay $3 million to own the rights to their name.
2 - https://www.cheatsheet.com/entertainment/tlcs-crazysexycool-25-years-later-how-the-group-sold-10-million-record-and-went-broke.html/ https://www.cheatsheet.com/entertainment/tlcs-crazysexycool-...