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Old 10-29-2014, 02:01 PM
michelej1 michelej1 is offline
Addicted Ledgie
 
Join Date: Aug 2003
Location: California
Posts: 26,025
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It's interesting that Mick says that before Tango, he'd filed bankruptcy but all it took was the royalties from record sales of their catalog to keep him comfortable and get him financially back on his feet, because the band wasn't doing anything for those 5 years to make new money.

So, although if you keep spending you keep needing money, it seems like those royalties are really, really lucrative if all you need to do is maintain. I'd like to know how much they all get a year from catalogue royalties.

Michele
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