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 Post subject: boyd, if you are allowed to answere this...Posted: Fri Jan 16, 2004 7:24 pm 
I am just curious about how the music industry works for signed bands, particularly how does a band get paid? A full time band needs a steady income just to support daily life, and I was wondering if all money from concert ticket sales and product sales go directly to the record label and then they turn around and give you a commission type pay, or does the record company only get money from CDs sold at retail locations, and the band gets to keep whatever money they make at concerts and merchandise sales at said concerts? _________________ This space intentionally left blank. |
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Joined: 05 Nov 2002 | Posts: 901 | Location: Denison, TX
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Post subject: Posted: Sat Jan 17, 2004 4:57 am
good question, I'm kinda curious how that works too... P. _________________ "Enjoy Every Sandwich" - Warren Zevon "What's Life Without Music?" - The Mermaid Purse www.myspace.com/ptah |
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Joined: 23 Dec 2002 | Posts: 463 | Location: Dallas
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Post subject: Posted: Sat Jan 17, 2004 5:21 am
I think there is some income from the retail of CD's, but I think most of the money comes from touring and ticket sales. |
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Joined: 14 Nov 2003 | Posts: 49 | Location: New Haven, Connecticut
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Post subject: Posted: Sat Jan 17, 2004 5:59 am
Genesis Theory wrote: I think there is some income from the retail of CD's, but I think most of the money comes from touring and ticket sales. yeah it's considered REALLY REALLY good to get like a dollar per cd. usually you get much less. _________________ lovesick on a sunny afternoon leave those bees alone! |
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Joined: 15 Jan 2004 | Posts: 594 | Location: detroit rock city
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Post subject: Posted: Sat Jan 17, 2004 1:12 pm
yeah, you don't make much money on records unless you sell a whole lot when a band opens for a band, like Eisley did for Coldplay, i wonder how much you get........or is the idea mostly exposure _________________ I am Torgo. I take care of the place while the Master is away. |
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Joined: 05 Nov 2002 | Posts: 6830 | Location: Gilmer, Tejas
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Post subject: Posted: Sat Jan 17, 2004 1:37 pm
Basically, my understanding is that the record company advances some money for expenses and the making of a record. After that, the band has to repay that amount essentially through record sales. Once they're repaid, then I think the band gets some moneys out of it as well. But the real money for bands is a) touring revenue (not sure how much they actually get) and b) merchandise (t-shirts, etc. - which they often get 80-100% of, depending on the way their contracts are written). So if you really want to band to make money, go see them when they play and buy 100 of their t-shirts. But to keep the record company interested, buy 100 of their CDs as well. rock on. cameron _________________ Cameron aka truckpoetry.... If you are IN a band, visit http://www.bandmecca.com/ to sell indie music merch, etc. If you are THAT bored, visit http://www.truckpoetry.net/ OK, and now I've got http://www.xanga.com/home.aspx?user=truckpoetry -- "If you all can return to Venus, are you going back?" |
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Joined: 20 Jul 2003 | Posts: 603 | Location: Dallas, TX
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Post subject: Posted: Sat Jan 17, 2004 4:03 pm
truckpoetry wrote: buy 100 of their t-shirts. But to keep the record company interested, buy 100 of their CDs as well. cameron oh bandmecca must be making you millions, cameron. millions. i will buy one of each tshirt. and one of each cd. i caved and got a xanga.  _________________ lovesick on a sunny afternoon leave those bees alone! |
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Joined: 15 Jan 2004 | Posts: 594 | Location: detroit rock city
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Post subject: Posted: Sat Jan 17, 2004 5:08 pm
you are right TP.......i almost forgot this very important music biz word: RECOUPMENT but what about opening bands? _________________ I am Torgo. I take care of the place while the Master is away. |
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Joined: 05 Nov 2002 | Posts: 6830 | Location: Gilmer, Tejas
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Post subject: Posted: Sat Jan 17, 2004 7:26 pm
from what I've gathered by talking to bands that open for bigger acts, the label has to pay for them to be on that tour. = being in debt to the label _________________ better men use brand new math with no wrong answers. XANGA |
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Joined: 22 Nov 2003 | Posts: 88 | Location: Wichita, Kansas
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Post subject: Posted: Sat Jan 17, 2004 10:03 pm
yup. you guys are dancing all around it. you have to recoup EVERY cent before you start making anything from the label other than initial up front money. The upfront money is like a loan against cd sales too. It goes to help you make it while you're not making it...plus gear and transportation, etc. You only survive by merch and touring... but if you open for bigger acts, you get chump change (hardly anything at all)... in which case the label has to pay for the tour. (tour support) That's also money they recoup. That's why bands get dropped if their cd's don't cell. It's the only way for labels to make money. They make a huge investment. Have to have R.O.I. (return on investment. It's way more complex than this...and there are other factors, but...this is the short version. _________________ EisleyWebGuy "The industrialists never saw the fruit of their own labor - Post Moderism, which I now proclaim as dead. Their forefathers digital revolutionists, have accelerated the final resolve by punctuating an end to our chaotic journey with a new manifesto and a new era: The Age of Meaning." (manifesto's sold separate) Welcome: Illuminists |
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Joined: 04 Nov 2002 | Posts: 5180 | Location: Tyler, Texas
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Post subject: Posted: Sat Jan 17, 2004 10:19 pm
Thanks for that Boyd,I've always kind of wondered I also wonder how all these many crap bands out there made any money then if it's so cut throat.I see so many bands that no one has heard of that would blow away alot of "big named" artists.I feel sorry for them _________________ 
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Joined: 24 Oct 2003 | Posts: 17689 | Location: making uhh SEXYTIME
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Post subject: Posted: Sat Jan 17, 2004 10:33 pm
killabikini wrote: oh bandmecca must be making you millions, cameron. millions. i will buy one of each tshirt. and one of each cd. <hopefully not shameless> I wish....unfortunately, we don't sell Eisley shirts - but if you buy them from the Eisley store, they get ALL of the money (without giving me a cut at all  ), which is better for them in the long run.
Not sure if Eisley sells (or is allowed to sell) their own CDs. You'd have to ask Boyd on that one - if so, they probably make more than if you bought one from me - direct from artist always puts MORE money in the artists' pockets (BandMecca is a middle-person, for sure...we provide the "service" of distribution to the artist for a price...no disguise, no hiding. That is what we do). </hopefully not shameless> And as for the CDs, we do OK. We do BETTER on fully indie CDs - direct from artist - and the artist does better as well. While an indie artist on my site makes about 50-70% of a CD sale, I'd bet Eisley makes less than 10% if you buy their CD from us. Mostly because the record company takes their chunk, etc. - not to mention even Eisley's cut gets eaten in the Recoupment process, yeah? So, why would any band want to get signed? Couple reasons: a) exposure - the record label has capital and connections to put you in front of people that you won't be able to do promoting yourself. The internet is changing things, but not super-fast enough to revolutionize the music industry just yet. b) volume - Do the math - sure, an indie band can make $5 per CD. But, at best, they'll sell 30,000-100,000 a year. At utter BEST, that's like $500,000 (which isn't chump change). But record companies deal in BULK. They want to move a few MILLION pieces. So if you sell 10 MILLION records, even if the label makes $5/CD and gives you $0.50, you still make $5 million and the record company makes $45 million. See? c) to appear on MTV cribs - not a joke. That's why many bands want to make it (present company excluded, unless they don't want to be). They want to BE Rock Stars. It's an image, a lifestyle, a persona. Some want the fame. Others just want to make music and get paid for it. To me, there's little wrong in either. Anyway, my additional nickel discussion of the music industry (particularly as it relates to BandMecca + Eisley, I think). smile on. cameron _________________ Cameron aka truckpoetry.... If you are IN a band, visit http://www.bandmecca.com/ to sell indie music merch, etc. If you are THAT bored, visit http://www.truckpoetry.net/ OK, and now I've got http://www.xanga.com/home.aspx?user=truckpoetry -- "If you all can return to Venus, are you going back?" |
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Joined: 20 Jul 2003 | Posts: 603 | Location: Dallas, TX
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Post subject: Posted: Sun Jan 18, 2004 5:49 am
Thanks for all the info. everyone. It's very interesting (to me anyway). P. _________________ "Enjoy Every Sandwich" - Warren Zevon "What's Life Without Music?" - The Mermaid Purse www.myspace.com/ptah |
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Joined: 23 Dec 2002 | Posts: 463 | Location: Dallas
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Post subject: Posted: Sun Jan 18, 2004 7:52 am
yeah, it's kinda weird. i listened to the Donnie Darko commentary and Richard Kelly was the screenplay writer and director. because he came up with a story / vision, a movie prod. co. gave him 5 million dollars to make it (which is rather low). in the end, he really didn't make any money........it just seems really weird that someone comes up with an idea.......then someone would give them 5 million dollars to realize it.........and then they don't get squat...........*hopefully he had a piece of the DVD revenue......and supposedly a director's cut will be released to theaters this year* yeah.......i don't think it will be too long until bands can bypass labels with the rise of the internet.........high quality videos can be made with cheaper equipment, etc.......of course touring is very costly, so maybe touring companies will form (or maybe there are some already) _________________ I am Torgo. I take care of the place while the Master is away. |
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Joined: 05 Nov 2002 | Posts: 6830 | Location: Gilmer, Tejas
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Post subject: Posted: Sun Jan 18, 2004 8:00 am
That whole bypassing the label thing ... it just kind of makes me wonder if anyone will be able to make a real living off of music. I mean, kajillions of dollars is fine to pass up, but what about being able to live decently and produce high quality products with great distribution and promotion? But I don't know enough about how things work to figure it out. Sure, some big bands won't have any problems ... but, well, i have to go to work.  _________________ My photography:www.jamiemphoto.com You can't spell awesome without emo...backwards! -Julie definingawesome (11:44:11 PM): Eisley shivers our timbers |
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Joined: 15 Aug 2003 | Posts: 25185 | Location: East Texas
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