Peter Frampton "For 55 million streams of, ‘Baby I Love Your Way’, I got $1,700,"

Discussion in 'Music Corner' started by Tone, Aug 8, 2018.

  1. snowman872

    snowman872 Forum Resident

    Location:
    Wilcox, AZ
    Yes, but contracts are not gambling. The terms of the contract are set forth in black and white. If a party enters into a contract and is just hoping it will not be enforced against them or for the full benefit of the opposing party, that is just super foolish. That person really needs to hire a competent attorney pronto and never enter into business deals without their counsel.
     
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  2. ostrichfarm

    ostrichfarm Forum Resident

    Location:
    New York
    The problem is, neither is really qualified to evaluate the fairness or legal ramifications of a given contract. You have to know how things are done before you can gauge whether you're getting a raw deal -- which is why you need an attorney or equivalent representative in your corner -- and there were a lot of crooked attorneys, artist representatives, and managers in the business BITD.

    That's one of the reasons Elliot Roberts was so well-regarded: his effective advocacy for his artists was seen as a rare exception.
     
  3. TonyCzar

    TonyCzar Forum Resident

    Location:
    PhIladelphia, PA
    You posted minutes ago that recording companies took a risk with every signing.
     
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  4. It’s never that easy.
     
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  5. But you know all those studios and meals and limos the record companies paid upfront for, came out of future royalties. So essentially most artists eventually paid those costs themselves - if the record was a hit.
     
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  6. snowman872

    snowman872 Forum Resident

    Location:
    Wilcox, AZ
    If you cannot determine the fairness or ramifications of a contract - which is probably nearly every contract a layperson signs - then you need to hire a competent lawyer. If your attorney, artist rep or manager is "crooked" then you can file an action against them and the law provided remedies. However, it is best not to get involved with "crooked" business partners in the first place.
     
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  7. snowman872

    snowman872 Forum Resident

    Location:
    Wilcox, AZ
    Nothing is easy in life.
     
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  8. lazydawg58

    lazydawg58 Know enough to know how much I don't know

    Location:
    Lillington NC
    You are an attorney in a forum full of people discussing an issue that aren't.
     
  9. lazydawg58

    lazydawg58 Know enough to know how much I don't know

    Location:
    Lillington NC
    In other words stay out of the music business. :tsk:
     
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  10. stetsonic

    stetsonic Forum Resident

    Location:
    Finland
    "The music business is a cruel and shallow money trench, a long plastic hallway where thieves and pimps run free, and good men die like dogs. There's also a negative side." Man, I miss Hunter S. Thompson.
     
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  11. Chris DeVoe

    Chris DeVoe Forum Resident

    Just so you know, he didn't write the second sentence.
     
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  12. uzn007

    uzn007 Pack Rat

    Location:
    Baja Virginia
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  13. lazydawg58

    lazydawg58 Know enough to know how much I don't know

    Location:
    Lillington NC
    40+ years ago there was a band here in NC that was very successful locally. They had some opportunities to sign with major labels. They passed each time. They started their own label, produced their own 45s, 8-tracks, cassettes, and LPs, sold t-shirts etc. They got some bubbling under the top 40 country airplay, critical acclaim, national cable tv appearances. They told me once that the reason they didn't sign to a major label when they had an opportunity was that they would have to sell 50,000 major label records to make the same profit that they would make selling (I think it was) 5,000 of their self pressed records. Over the years several alumni of the band made it to Nashville, one cut a couple of solo major label albums and wrote some hit songs, another signed with RCA and put out a handful of singles, another had some success on an independent label for a while. None of them succeeded as much as the original band did by doing it all themselves. And they are still playing, with two original members!
     
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  14. stetsonic

    stetsonic Forum Resident

    Location:
    Finland
    I stand corrected and slightly disappointed. Still, it's a great quote. :)
     
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  15. Chris DeVoe

    Chris DeVoe Forum Resident

    Friends of mine were in the same position. They were being courted by labels, but they had done their homework by reading Cashbox magazine and discovered that they had sold at their merch table more copies of their home recorded album than the best of the labels had sold of their best-selling act.
     
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  16. tages

    tages Forum Resident

    Location:
    Seattle
    This!
     
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  17. snowman872

    snowman872 Forum Resident

    Location:
    Wilcox, AZ
    Hey I don't disagree, but the sad thing is, it's the same in every industry (filled with crooked snakes).
     
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  18. TonyCzar

    TonyCzar Forum Resident

    Location:
    PhIladelphia, PA
    Yes, I do.

    (And you left out coke and whores!!!)

    And racked up "debt" if it wasn't a hit.

    So, yeah. No one ever said record company accounting made sense, but this was the model in talking point if not practice. Bottom line is, record cos. almost always grabbed the copyrights, and the length of time of just what that means has only grown. It was "50 years" a long time ago. Like, 1978. The mad scramble of "copyright releases" of 50-year-old stuff from Dylan and the Beatles should be proof enough.

    That scramble will stop when they finally roll forward to origin dates after 1972. They can then relax and breathe for another 40 years. (Poor dears, they'll need a rest.)
     
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  19. TonyCzar

    TonyCzar Forum Resident

    Location:
    PhIladelphia, PA
    I've already had to contemplate Robert Fripp in a yellow "Century21" jacket talking up the local schools.

    Now this.

    TGIF.
     
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  20. eflatminor

    eflatminor Forum Resident

    Location:
    Kalifornia
    I am not an attorney. Strike three.

    Aren't you a teacher? Geez, I hope you don't make this many erroneous assumptions with your students!
     
  21. Chris DeVoe

    Chris DeVoe Forum Resident

    That's the most important part!
     
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  22. per diem covered that part.
     
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  23. ostrichfarm

    ostrichfarm Forum Resident

    Location:
    New York
    Folks also need to remember that organized crime -- and more generally, corruption -- has played a huge role in Hollywood and the music industry. Remember, Pink Floyd had to pay a bribe (or multiple bribes) before Another Brick in the Wall Part 2 was allowed to top the charts in L.A.!

    Duress can come in many forms, some more legal than others -- as Suge Knight and/or Vanilla Ice might be willing to attest.
     
    Last edited: Aug 10, 2018
  24. nojmplease

    nojmplease Forum Resident

    Location:
    DC
    Isn't that the way it has always been, in pretty much every creative profession ever?
     
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  25. lazydawg58

    lazydawg58 Know enough to know how much I don't know

    Location:
    Lillington NC
    It's a forum. We are just shooting the breeze. You need to lighten up a bit.
     
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