i normally don’t like courtney love, but … maybe she had a point
February 1st, 2007 | Published in mostly music | 1 Comment
Before she went 100 percent batshit and was supposedly offered Paula Abdul’s slot on American Idol, apparently she had some good ideas. Back in 2000, she published a piece called ‘Courtney Love does the math’ on Salon about how the current record-industry environment kills the bands - financially - while making a hefty profit for the labels. And even if you don’t like her, she probably knows what she’s talking about.
From the article:
They spend half a million to record their album. That leaves the band with $500,000. They pay $100,000 to their manager for 20 percent commission. They pay $25,000 each to their lawyer and business manager.
That leaves $350,000 for the four band members to split. After $170,000 in taxes, there’s $180,000 left. That comes out to $45,000 per person.
That’s $45,000 to live on for a year until the record gets released.
Read the entire article here.

February 3rd, 2007at 9:45 pm(#)
hey nick… looks like a rip-off of Steve Albini’s “The Problem with Music”