rgordon1276 at gmail.com
Thu Apr 5 22:46:10 CDT 2007
"Granted, I have no facts about CD sales or download sales,"
Some guy on twt.com posts stats from time to time. I didn't pay much
attention, but I think he said sales were closing on a million worldwide. I
think the CD went gold in the UK some time back. That's not bad for a band
that's been out of the market for so long.
What kind of royalty deal do you think they might have cut with their
label? If it's 5 cents per cd on a million sales then they made maybe $50K
and if it's 10 cents then maybe $100K. Wild guessing, of course. (Is that
the way cd royalty deals go?) Pete gets the lion's share of it, of course,
as the composer and songwriter. Rachel gets a small cut on her song.
So, then they get peanuts for royalties on any songs played on the radio.
In the US, Pete and Rachel get all the royalties; Roger and the rest of the
band get zilch, so they release "It's Not Enough" as the single. On the
tour, they're making a million a night. Let's weigh the costs and
the benefits here. Hmmm. Any wonder why they didn't bother to do the
interviews and promotion Universal had set up for them?
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