• Pomegranate County Irregulars@mstdn.social
    2·
    8 hours ago

    @ajsadauskas @music Imagine it’s 1987. Through the graces of one’s connected attorney (getting 10? 15? percent) one has a label deal. A suit comes by and says track 8 on the new album sounds good, let’s hire a hotshot production company/director and budget 300k for the video. It gets modest rotation on MTV and 100k more albums sell. $3 per unit profit, $1 per unit royalty. Label is +300k, Band is down 200k. Video costs are recoupable and is collected before the band gets a check.

    • AJ Sadauskas@social.vivaldi.netOP
      1·
      6 hours ago

      @pomCountyIrregs @music Great explanation ☺️

      And from the sounds of it, UMG has now just allegedly turned around and said: 'Whoopsies! Software bug! Trevor from IT forgot to install that last floppy disk!

      ‘Sorry guys, we hadn’t been tallying your YouTube/Spotify/whatever streams these past 20-odd years! Genuine mistake!’