View Single Post
  #269  
Old 10-16-2018, 05:48 PM
Newzchspy's Avatar
Newzchspy Newzchspy is offline
Addicted Ledgie
 
Join Date: Feb 2002
Location: Chicago, IL U.S.A.
Posts: 436
Default

Quote:
Originally Posted by Bandon View Post
Omg...of course I was joking. Why would he need or want to collect unemployment? He's a multi- millionaire. Just trying to lighten the conversation.
Lindzers sold HIS catalog a few years back. Got a boatload of $$. That also doesnt mean its not nearly gone as well. Read this old Courtney Love missive (18 years OLD) but a timely article that I had read years ago about the music industry/business and how its like a casino. The house (aka label) always wins.

If you havent seen this before, take time to do the math in your own head and see just how much the artists get screwed when it comes time to divvy up the $$. Its a must read to give some insight into why Lindsey is doing what he's doing. I even recall Billy Corgan of the SP stating that he gets about 10 cents a song as writer , BUT a whole lot less than that as the recording artist because of the contract and the way its divvied up.

https://www.salon.com/2000/06/14/love_7/
Reply With Quote