Thinking of signing to a major?
Here’s an eye-opening look by now-indie band Too Much Joy at what majors (in this case our favourite friend, Warners) pay their bands and how they treat ones that are not ‘recouped’ (which doesn’t mean they lost money; they get paid many times, remember?) and how they can’t honestly account what they have earned.
Really, contrast this with their IODA earnings…’$62.47′ vs $12,0000. You do the math…
