I owned a SMALL Record Label and Studio. I was (still?) good at picking out talent in bands.
The Whole Industry Sucks
I had two bands that ended up on Major Labels and Toured the World. I met a kid on the street wearing one of my Bands shirts and struck up a conversation. They still love the band 10 years later.
These guys per person made at the TOP $7,000 in profit after expenses were paid. One band did a KickStarter and pulled in $40,000. It was their biggest pay day ever. I knwo a band (Zao) who has the a Label's (Solid State) biggest selling album ever and the band never saw a dime. PS That band was drama and the drummer was the biggest jerk ever BUT they still deserved to get paid.
The Whole Industry Sucks
I had two bands that ended up on Major Labels and Toured the World. I met a kid on the street wearing one of my Bands shirts and struck up a conversation. They still love the band 10 years later.
These guys per person made at the TOP $7,000 in profit after expenses were paid. One band did a KickStarter and pulled in $40,000. It was their biggest pay day ever. I knwo a band (Zao) who has the a Label's (Solid State) biggest selling album ever and the band never saw a dime. PS That band was drama and the drummer was the biggest jerk ever BUT they still deserved to get paid.