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No, whatever money is paid up front for the expenses (recording, shooting music video, child care while doing such things) must be repaid to the label. If you d
by 6stringmerc 12y ago
No, whatever money is paid up front for the expenses (recording, shooting music video, child care while doing such things) must be repaid to the label. If you don't "recoup" enough through album sales, you have to pay them back out of touring...and on and on and on...Basically, just have a look at the following article by Steve Albini:
http://www.negativland.com/news/?page_id=17 http://www.negativland.com/news/?page_id=17
- snowwrestler 12y agoMy brother has been a professional rock musician for almost two decades. Several of his bands have broken up after one or two albums, the recording of which was financed by their label. In those cases, the label simply takes a loss. They're not sending debt collectors out or something. The recouping terms are set in the contract. It's not conceptually different from the term sheets that govern how and when investors will be paid back when they invest in Internet startups. There are examples of bad labels screwing artists, and there are examples of good labels supporting artists. The terms, not the concept, of recouping are what it make it good or bad. Ironically, the more exploitative labels are the ones that have done better under the pressure of piracy, because they are more willing to force bands into "360" deals where every revenue stream is subject to recouping: merch, sync, publishing, tours...basically they own the artist. So they're not hurt much by piracy. But this is not how all label deals are done. Many smaller and mid-size labels have historically limited their deals and depended more on album revenue. These are the folks--the good, artist-supporting folks--who are being most hurt by piracy.
- bsder 12y ago> These are the folks--the good, artist-supporting folks--who are being most hurt by piracy. As much as I hate pirates, it isn't the pirates that killed the music industry. Look at this thread. Most of the people here are not going to spend more than $100 per year on music. That's simply too small a pool for the number of artists that exist. Think about these same people. They are willing to pay more than $100 for two video games. Guess which industry is doing better?