Major Labels: The Problem With Music
Monday, September 19th, 2005Sit down with a nice hot drink and have a look at “The Problem With Music,” from Steve Albini. Here’s the bit that’s really scary:
The Balance Sheet.
This is how much each player got paid at the end of the game.
Record company: $710,000
Producer: $90,000
Manager: $51,000
Studio: $52,500
Previous label: $50,000
Agent: $7,500
Lawyer: $12,000
Band member net income each: $4,031.25
The band [...]










