• Pomegranate County Irregulars@mstdn.social
    4·
    30 days ago

    @ajsadauskas @music Imagine it’s 1987. Through the graces of one’s connected attorney (getting 10? 15? percent) one has a label deal. A suit comes by and says track 8 on the new album sounds good, let’s hire a hotshot production company/director and budget 300k for the video. It gets modest rotation on MTV and 100k more albums sell. $3 per unit profit, $1 per unit royalty. Label is +300k, Band is down 200k. Video costs are recoupable and is collected before the band gets a check.

    • AJ Sadauskas@social.vivaldi.netOP
      3·
      30 days ago

      @pomCountyIrregs @music Great explanation ☺️

      And from the sounds of it, UMG has now just allegedly turned around and said: 'Whoopsies! Software bug! Trevor from IT forgot to install that last floppy disk!

      ‘Sorry guys, we hadn’t been tallying your YouTube/Spotify/whatever streams these past 20-odd years! Genuine mistake!’

          • Pomegranate County Irregulars@mstdn.social
            1·
            29 days ago

            @ajsadauskas @music

            I think Bandcamp and Apple are fair for cuts of sales.

            Spotify (ptui) won’t pay us–too few streams.

            We’re less than obscure. We sell under 10 units, mostly from Bandcamp, and we get about three streams per day over our library. We’d need 3 per day per track for us to earn something under $3 from Spotify (ptui).

            In our best year, about $10 from streamers.

          • Pomegranate County Irregulars@mstdn.social
            1·
            29 days ago

            @ajsadauskas @music No, no, no, not even close.

            But I started in the 80s and had a close friend who did well as agent and then manager, so I learned a thing or two from a distance.

            He passed away in 2019, so my limited access to inside dope is even more so.

            I also read, when I was younger, biographies and memoirs from artists and suits, so that gave me a glimpse.