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Message: [QUOTE="JordyG, post: 2706856, member: 6819"] Again. Back in the day when acts signed their initial contracts it was usually a 3-5 year deal. Record labels depended on the natural cycle of groups or bands which was 3-5 years before they broke up. That contract specifically stipulated a requisite number of albums a group had to produce during that period. Failure to do so was a breech of that contract. Since most bands didn't last the length of their contracts they usually ended up in breech of that contract. Remember Princes struggles with Sony records? Upfront money was given so that the band could pay for studio time to produce that first album, sometimes the second. Bands literally got pennies on the sale of each record. The label recouped their upfront money on the sale of those records. Much of the publishing rights were signed over the to the label, although by MV's time most went to the authors. However this song was written by committee, so residuals for each time the record was played anywhere was split by I believe at least 3 to 4 people. Bands to this day know their monies are made by performing, not record sales. Which is why they set hundreds of dates worldwide yearly. Many bands today release on the own label and assume the cost of studio time, extra musicians, pressing, promotion and distribution, which can be formidable. Some bands today release their music free online, even though the age of the giant record label and A & R people are over. [/QUOTE]

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