Ken Caillat buys the Record Plant

[HomerMcvie]

Originally Posted by bombaysaffires

if, with all these years of royalties from the FM, Rumours, and Tusk albums he's only got a net worth of 1-5 million, I'd not bet on him being someone good at managing or investing money at all.

And as far as his value as a producer, I have a friend in Nashville who produced several platinum albums in the 90's.

New artists don't want old ideas/thought processes in current production. I was shocked when he told me that he he could barely land a project these days(and no, they're set financially, and have a beautiful house way up in the hills). So for Ken having a hit album 45 years ago, it doesn't mean much now(at least to newer current artists).