Largest Recording Contracts Ever

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METFIELD

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Artist Contract Company and Date
R.E.M. $80 million Warner Bros. 8/24/96
Janet Jackson $70 million Virgin Records 1/11/96
Metallica $60 million Elektra Records 1/10/95
Barbra Streisand $60 million Columbia Records 12/13/92
Madonna $60 million Warner Bros. 4/20/92
Michael Jackson $60 million Sony Music's Epic Records 3/20/91
 
I love REM, don't get me wrong. But Warner Bros sure did take a bath on that deal!

Post Bill Berry REM hasn't exactly been good for business.
 
METFIELD said:
Artist Contract Company and Date
R.E.M. $80 million Warner Bros. 8/24/96
Janet Jackson $70 million Virgin Records 1/11/96
Metallica $60 million Elektra Records 1/10/95
Barbra Streisand $60 million Columbia Records 12/13/92
Madonna $60 million Warner Bros. 4/20/92
Michael Jackson $60 million Sony Music's Epic Records 3/20/91

U2 $60 million Island/Polygram Records 6/2/1993 :D

Deal includes six albums and 25% royalties.

Keep in mind, U2 owns their entire catalog!

Vox
 
From @U2 archives:



U2 Re-Inks With Island; 9th Album to Bow July 6

Billboard, June 12, 1993

Paul Verna with Thom Duffy in London


U2, busy gearing up for the July 6 release of its hotly anticipated Zooropa album, has just renegotiated its recording agreement with its longtime label, Island Records.

According to a June 2 press release from Island's parent company, PolyGram Holding Inc., U2 and Island have signed a six-album contract for an undisclosed sum. It was not clear at press time whether Zooropa is part of the new agreement or the old one.

Sources familiar with the record say it includes some novel elements. Johnny Cash sings lead on a new, original song on the album, with U2 singer Bono backing him up. At press time, tentative titles for the new track included "The Wanderer" and "The Preacher."

Other songs on the upcoming U2 project -- which evolved from a four-cut EP to a full-length album -- are described by sources as "moody" and "more dance-oriented" than previous material.

In an interview with Irish paper Hot Press, Bono describes the album as a multimedia "trip" inspired in large part by the work of cyberpunk author William Gibson, as is Billy Idol's forthcoming Cyberpunk project (Billboard, May 8).

U2's U.S. press agent, Paul Wasserman, says recording was completed May 14 in Dublin. A total of 20 tracks were committed to tape, of which 10 wound up on Zooropa.

According to Wasserman, the album was produced by Brian Eno, Flood, and U2 guitarist the Edge, who sings lead on three vocals.

A PolyGram representative would not discuss the value of the new agreement, but derided a $200 million figure cited in a published report as "tabloid journalism as its finest."

Wasserman adds, "I don't know what the figure is, but I think that's an exaggerated number. It must be more than half that, but I don't know how much more."

Whatever the financial arrangements between U2 and Island, their relationship goes back to the group's roots in Dublin. Since the release of its first Island single, "11 O'Clock Tick Tock," in May 1980, U2 has issued eight albums that have sold a combined 50 million units worldwide. The band's most recent work, Achtung Baby, released in November 1991, has sold more than 4 million copies domestically and topped The Billboard 200.

Island founder and CEO Chris Blackwell says in the statement, "U2 are a special act and it is equally as special that Island has had a relationship with them that started long ago. I am very happy that we are going into the future together."

However, despite this longstanding relationship, U2 manager Paul McGuinness suggests in the press release that the band may have shopped elsewhere before renewing with Island. "When we started out we thought all record companies must be like Island," states McGuinness. "Now that we know that's not true, we definitely want to stay with Chris Blackwell and all our new friends at PolyGram."

PolyGram acquired Island in June of 1989 for an estimated $280 million. The previous year, U2 had accepted a 10% interest in Island as a substitute for back royalty payments it was owed, according to sources. These sources estimate that the PolyGram purchase yielded the band a payout five times greater than the sum of the back royalties.


© 1993 Billboard magazine. All rights reserved.
 
The Los Angeles Times, June 04, 1993

Chuck Philips, Special to the Times


In a move that signals a generational change in rock, U2 has replaced the Rolling Stones as the world's highest-paid record act.

U2 -- a Dublin quartet that released its first album in 1980, almost two decades after the Rolling Stones formed -- has signed an estimated $60-million-plus, six-album contract with PolyGram's Island Records. That's almost $20 million more than the Stones received in their widely publicized 1991 deal with Virgin and more than twice as much as '70s rock veterans Aerosmith received in an equally publicized pact with Sony Music that same year.

"I am thrilled," Island Records founder Chris Blackwell said Thursday by phone from Miami, where PolyGram executives heard a preview of the new U2 album due July 3.

"U2 is an amazing band and I have had a very excellent relationship with them from the beginning. I'm very happy that they decided to stay with us at PolyGram."

Industry reaction to the deal Thursday was positive.

Unlike the Stones or Aerosmith, whose members will be well into their 50s and beyond before their agreements expire, the four members of U2 are all in their early 30s -- and viewed by many to still be at their creative peak.

The group's last album, Achtung Baby, has sold more than 4 million copies in the United States and was nominated for a Grammy. The group's previous studio album, The Joshua Tree, has sold more than 5 million copies in this country and was named best album of the year in 1988.

Formed in the late-'70s, U2 consists of lead singer Paul Hewson, who goes by the name Bono; guitarist Dave Evans, known as the Edge; bassist Adam Clayton Jr. [sic] and drummer Larry Mullen.

Representatives for U2 and PolyGram declined to discuss details of the contract, but insiders speculate the new deal guarantees the band a $10-million-plus advance per album and a blue chip 25% royalty rate on every record sold. That puts it in the neighborhood with superstar pacts signed by Michael Jackson, Prince, Barbra Streisand, Madonna and Janet Jackson.

Sources at PolyGram said the deal -- announced late Wednesday in London -- also includes hefty multimedia provisions that allow the group to take advantage of the Dutch-owned conglomerate's video, movie and interactive entertainment divisions. U2 will also receive significant additional funding for its own label, Mother Records.

Under the estimated 10-year deal, Island acquired the worldwide rights to U2's next six albums. The company also paid handsomely for the exclusive international rights to U2's entire catalogue of songs following a publishing agreement that took effect in January, 1993.

U2 -- which has sold more than 50 million albums since signing with Island in 1980 -- has been wealthy for some time now. The band earned an estimated $30 million in stock four years ago when PolyGram, a subsidiary of the Dutch electronics company Philips NV, purchased Island Records for an estimated $300 million.

The band's next album is titled Zooropa, which is also the name of the group's current European tour. The album contains 10 songs and has been described by someone close to the group as "a further expansion of the U2" sound -- something that doesn't echo either The Joshua Tree or Achtung Baby. It was produced by the team of Flood, Brian Eno and the Edge.

"Island Records and their owner Chris Blackwell have stood behind U2 singe the second he heard them," said U2 manager Paul McGuinness in a phone call from London Thursday. "We are extremely pleased to stay with a company that believes in us. Couldn't be happier."


© 1993 Times Mirror Company. All rights reserved.
 
Dima said:
six album deal...with HTDAAB the deal is over: Zooropa, Pop, Best 80-90, ATYCLB, Best 90-00 and HTDAAB :hmm:

The Best Ofs are included in a separate deal, so there's still more to go on this one.
 
Dima said:
six album deal...with HTDAAB the deal is over: Zooropa, Pop, Best 80-90, ATYCLB, Best 90-00 and HTDAAB :hmm:

As said by other, U2's Best Ofs are not included in this 6-record deal. Instead, they signed a separate contract with Island in 1998 for the release of 3 Best Of albums (and a total sum of 50 million dollar).
As for the 6-record deal, Zooropa is not included in it, as that was the last one of the previous deal. This gave U2 tremendous bargaining power, as they were free to go anywhere 2 years before many expected it (as the record company didn't expect a record in 1993, but in 1995 instead). So the records released under the new contract include Pop, ATYCLB and HTDAAB. I'm not sure if the Passengers record is also part of this, but I think not (especially since that one wasn't released as a U2 album).
And Metfield, U2 gets a comparable amount per album sold. :D

C ya!

Marty
 
METFIELD said:
elektra gave metallica 4 dollar per album sold.what about u2:laugh:

U2 receives a 25% royalty rate. Albums typically cost around 20 dollars which means U2 gets 5 dollars per album!

So what are you laughing about?
 
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STING2 said:


U2 receives a 25% royalty rate. Albums typically cost around 20 dollars which means U2 gets 5 dollars per album!

So what are you laughing about?

i laugh because metallica out sold pop-rock acts like u2-rem-rolling stones
 
METFIELD said:


i laugh because metallica out sold pop-rock acts like u2-rem-rolling stones

Well, as far as money made per album, with a 25% royalty rate, U2 makes more per album than Metallica. In addition, U2 has sold more albums in its career than Metallica. U2 is also a much stronger concert touring act than Metallica. Currently, U2's "Atomic Bomb" album has already outsold Metallica's St. Anger worldwide after only 3 weeks.


But lets talk about something more relevant to this thread. Is Metfield a U2 fan? Does Metfield realize this is a U2 fan website? Does Metfield realize this forum's exist to discuss U2 and its sales success, not one's idea of what Metallica's success is? Making comparisons is fine, but not when it is done to specifically emphasize another artist. Once again, this is a forum within a U2 fan website!

Calling members of this website names like "U2 sheep" etc. is against the faq/rules page one is supposed to read and agree to before they become a member of all the forums.

Using laughing or rolling eyes icons is completely out of place in a U2 chart/sales forum and may be even inappropriate in certain situation in places like FYM.

Nearly every thread you have started or participated in involves something to do with Metallica or another hair band. If that is what you are mainly interested in, then I suggest you go to a Metallica website and participate in that forum or you can also go to the Lemonade Stand and then go to the "Just the bang and the clatter" area which is a general music discussion area where artist other than U2 are discussed.

This particular forum is dedicated to the business side of U2.

The mods will take action against those they consider to be "trolls".
 
STING2 said:


Well, as far as money made per album, with a 25% royalty rate, U2 makes more per album than Metallica. In addition, U2 has sold more albums in its career than Metallica. U2 is also a much stronger concert touring act than Metallica. Currently, U2's "Atomic Bomb" album has already outsold Metallica's St. Anger worldwide after only 3 weeks.


But lets talk about something more relevant to this thread. Is Metfield a U2 fan? Does Metfield realize this is a U2 fan website? Does Metfield realize this forum's exist to discuss U2 and its sales success, not one's idea of what Metallica's success is? Making comparisons is fine, but not when it is done to specifically emphasize another artist. Once again, this is a forum within a U2 fan website!

Calling members of this website names like "U2 sheep" etc. is against the faq/rules page one is supposed to read and agree to before they become a member of all the forums.

Using laughing or rolling eyes icons is completely out of place in a U2 chart/sales forum and may be even inappropriate in certain situation in places like FYM.

Nearly every thread you have started or participated in involves something to do with Metallica or another hair band. If that is what you are mainly interested in, then I suggest you go to a Metallica website and participate in that forum or you can also go to the Lemonade Stand and then go to the "Just the bang and the clatter" area which is a general music discussion area where artist other than U2 are discussed.

This particular forum is dedicated to the business side of U2.

The mods will take action against those they consider to be "trolls".


yes indeed. metfield, tsk tsk. You have been proven wrong before. Give it up!
 
Metfield looks at any possible angle to downgrade the achievements of U2 versus other bands. The majority of
his posts are consistent with this and are designed to be inflammatory to get a reaction.

Metfield - again you are preaching against the converted here.
 
STING2 said:


Well, as far as money made per album, with a 25% royalty rate, U2 makes more per album than Metallica. In addition, U2 has sold more albums in its career than Metallica. U2 is also a much stronger concert touring act than Metallica. Currently, U2's "Atomic Bomb" album has already outsold Metallica's St. Anger worldwide after only 3 weeks.


But lets talk about something more relevant to this thread. Is Metfield a U2 fan? Does Metfield realize this is a U2 fan website? Does Metfield realize this forum's exist to discuss U2 and its sales success, not one's idea of what Metallica's success is? Making comparisons is fine, but not when it is done to specifically emphasize another artist. Once again, this is a forum within a U2 fan website!

Calling members of this website names like "U2 sheep" etc. is against the faq/rules page one is supposed to read and agree to before they become a member of all the forums.

Using laughing or rolling eyes icons is completely out of place in a U2 chart/sales forum and may be even inappropriate in certain situation in places like FYM.

Nearly every thread you have started or participated in involves something to do with Metallica or another hair band. If that is what you are mainly interested in, then I suggest you go to a Metallica website and participate in that forum or you can also go to the Lemonade Stand and then go to the "Just the bang and the clatter" area which is a general music discussion area where artist other than U2 are discussed.

This particular forum is dedicated to the business side of U2.

The mods will take action against those they consider to be "trolls".

i like u2 but why every u2 fan and Paul McGuinness says u2 is the biggest band in the world.clearly they are not.metallica is the biggest rock band since 91.they sold 3-5 million copies every year worldwide.this is fact

metallica will outsold u2 worldwide soon.just wait and see.they are only 41 years old.and they released only 8 studio album

if u2 biggest band in the world why they never played in istanbul.biggest city in the europe
 
Sleep Over Jack said:
Metallica are the world's biggest joke.

Maybe they don't want to go to Istanbul?

metallica played more countries than u2.fact
 
METFIELD said:


i like u2 but why every u2 fan and Paul McGuinness says u2 is the biggest band in the world.clearly they are not.metallica is the biggest rock band since 91.they sold 3-5 million copies every year worldwide.this is fact

metallica will outsold u2 worldwide soon.just wait and see.they are only 41 years old.and they released only 8 studio album

if u2 biggest band in the world why they never played in istanbul.biggest city in the europe



Metallica has outsold U2 in one country, the United States, since 1991, primarily because before that, the band was unknown to a lot of people, who through the 1990s, went out and purchased their back cataloge. The Majority of Metallica's album sales come from the United States. The Majority of U2's album sales come from outside the United States.

Each tour that U2 has done in the United States since 1990 has out grossed and out attended any single tour Metallica has ever done.

Take any city you want in the United States and compare how many people in that city would attend a U2 concert as opposed to a Metallica concert. U2 can play stadiums on their own in most of the big cities of the United States easily. Metallica can only do Arena's on their own, and on this last tour, they had to enlist the help of the multi-platinum band "Godsmack" in order to sell tickets.

Take Philadelphia, the 4th largest city and market in the United States. The last time Metallica came to Philadelphia, they barely were able to sellout one show at the 20,000 seat Wachovia Center and then played to a half empty Wachovia center for the second show.

By contrast, U2 soldout all 3 of their Philadelphia shows at the Wachovia center, on the last tour in MINUTES, even though U2 ticket prices were much higher and most people had never heard of the opening artist!!!!!!!!

When was the last time Metallica played a stadium show in Philadelphia without having a festival type line up to support them? U2 has played Stadiums in Philadelphia on every tour from Joshua Tree on except the last one which was only designed for Arena's.

Metallica's last album, St. Anger has only sold 4.5 million copies worldwide compared to U2's last album which has sold over 12 million copies worldwide. Name the city and U2 can outsell Metallica there. The only place where Metallica might be able to compete with U2 would be in Japan and Germany where heavy metal tends to be very popular.

#1 the last few U2 studio albums have sold 2 to 3 times as many copies worldwide as the last few Metallica albums have sold.

#2 U2 can play stadiums in most cities around the world without the aid of support acts. The only way Metallica can play stadiums in most cities is with four or five bands supporting them with modest ticket price. U2 is recognized in the concert industry as the top artist with the exception of the Rolling Stones! U2 has most of the highest Concert Gross and Attendence figures for most cities around the world.

This is why U2 is the biggest band in the world in terms of overall album sales and concert ticket sales. Metallica is a big band, but their album sales outside the United States are to low and their ability to play stadiums in most cities without support acts is weak.

#3 While Turkey and Istanbul are growing, they are consider to be a relatively poor country when compared to any country in Western Europe. Istanbul is not the biggest city in Europe and many artist skip Turkey because it is not seen as a major market yet for selling albums and concert tickets when compared to countries even in Eastern Europe like Poland and Czech Republic. This is of course changing and Turkey is growing as a market. But its very telling when a country like Romania can get into the European Union (2007) while Turkey continue's to struggle to get in. The big markets for music in Europe are the United Kingdom, France, Germany, Spain, Italy and the Netherlands. Turkey may be in the top 5 one day, but as of right now, they are not. This is one of the reasons why U2 has not come to Turkey yet. The time for the tour is limited and there is only time to visit the largest markets.




Now, I've essentially repeated many of the things I have said before in here. I and most people in here have responded to your questions.
 
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STING2 said:




Metallica has outsold U2 in one country, the United States, since 1991, primarily because before that, the band was unknown to a lot of people, who through the 1990s, went out and purchased their back cataloge. The Majority of Metallica's album sales come from the United States. The Majority of U2's album sales come from outside the United States.

Each tour that U2 has done in the United States since 1990 has out grossed and out attended any single tour Metallica has ever done.

Take any city you want in the United States and compare how many people in that city would attend a U2 concert as opposed to a Metallica concert. U2 can play stadiums on their own in most of the big cities of the United States easily. Metallica can only do Arena's on their own, and on this last tour, they had to enlist the help of the multi-platinum band "Godsmack" in order to sell tickets.

Take Philadelphia, the 4th largest city and market in the United States. The last time Metallica came to Philadelphia, they barely were able to sellout one show at the 20,000 seat Wachovia Center and then played to a half empty Wachovia center for the second show.

By contrast, U2 soldout all 3 of their Philadelphia shows at the Wachovia center, on the last tour in MINUTES, even though U2 ticket prices were much higher and most people had never heard of the opening artist!!!!!!!!

When was the last time Metallica played a stadium show in Philadelphia without having a festival type line up to support them? U2 has played Stadiums in Philadelphia on every tour from Joshua Tree on except the last one which was only designed for Arena's.

Metallica's last album, St. Anger has only sold 4.5 million copies worldwide compared to U2's last album which has sold over 12 million copies worldwide. Name the city and U2 can outsell Metallica there. The only place where Metallica might be able to compete with U2 would be in Japan and Germany where heavy metal tends to be very popular.

#1 the last few U2 studio albums have sold 2 to 3 times as many copies worldwide as the last few Metallica albums have sold.

#2 U2 can play stadiums in most cities around the world without the aid of support acts. The only way Metallica can play stadiums in most cities is with four or five bands supporting them with modest ticket price. U2 is recognized in the concert industry as the top artist with the exception of the Rolling Stones! U2 has most of the highest Concert Gross and Attendence figures for most cities around the world.

This is why U2 is the biggest band in the world in terms of overall album sales and concert ticket sales. Metallica is a big band, but their album sales outside the United States are to low and their ability to play stadiums in most cities without support acts is weak.

#3 While Turkey and Istanbul are growing, they are consider to be a relatively poor country when compared to any country in Western Europe. Istanbul is not the biggest city in Europe and many artist skip Turkey because it is not seen as a major market yet for selling albums and concert tickets when compared to countries even in Eastern Europe like Poland and Czech Republic. This is of course changing and Turkey is growing as a market. But its very telling when a country like Romania can get into the European Union (2007) while Turkey continue's to struggle to get in. The big markets for music in Europe are the United Kingdom, France, Germany, Spain, Italy and the Netherlands. Turkey may be in the top 5 one day, but as of right now, they are not. This is one of the reasons why U2 has not come to Turkey yet. The time for the tour is limited and there is only time to visit the largest markets.




Now, I've essentially repeated many of the things I have said before in here. I and most people in here have responded to your questions.

fake fake fake.metallica doest need support acts you liar.summer sanitarium tours is their own tours.nobady care stupid nu-metal acts.majority of metallica fans didnt go the sanitarium shows because of these these openenic acts.

metallica is biggest american band ever.this is fact.u2 only played arenas and stadiums only big cities.they are nothing in the whole world.

reload sold 12 million worldwide.pop maybe 5

least selling metallica album sold 5 million worldwide you liar.it is kill em ll.without video clips and singles

black album sold more than any u2 album worldwide.it sold million every year.fact

metallica sold more tickets than u2 worldwide.in fact more people saw metallica than worldwide.

u2 gross alot per tour because u2 fans is richer than metallica.hehehe

metallica is more important and popular band than u2 in the rock history.they influenced more musucions than u2

u2 never sold out stadiums and arenas if they toured non stop like metallica

and this is the best fact for all u2 fans.iti is official>

The band has been the No. 1 North American concert draw for 10 years, selling more than 12 million tickets.

yes this is not rolling stones.it is called metallica=most important rock band in the world
 
Earth to Metfield: we're sick of the U2-versus-Metallica arguments. Stop it.
 
U2 played Thessalonika, Greece during the Popmart tour. That is only a few hours away from Instanbul.
 
METFIELD said:


fake fake fake.metallica doest need support acts you liar.summer sanitarium tours is their own tours.nobady care stupid nu-metal acts.majority of metallica fans didnt go the sanitarium shows because of these these openenic acts.

metallica is biggest american band ever.this is fact.u2 only played arenas and stadiums only big cities.they are nothing in the whole world.

reload sold 12 million worldwide.pop maybe 5

least selling metallica album sold 5 million worldwide you liar.it is kill em ll.without video clips and singles

black album sold more than any u2 album worldwide.it sold million every year.fact

metallica sold more tickets than u2 worldwide.in fact more people saw metallica than worldwide.

u2 gross alot per tour because u2 fans is richer than metallica.hehehe

metallica is more important and popular band than u2 in the rock history.they influenced more musucions than u2

u2 never sold out stadiums and arenas if they toured non stop like metallica

and this is the best fact for all u2 fans.iti is official>

The band has been the No. 1 North American concert draw for 10 years, selling more than 12 million tickets.

yes this is not rolling stones.it is called metallica=most important rock band in the world

Go to www.ifpi.org . THE IFPI certifies album sales in Europe. There you will notice that Re-load only sold 1 million copies in Europe. Go to www.riaa.com , the RIAA certifies sales in the United States, there you will see that Re-load sold 3 million copies in the United States. Thats a combined total of 4 million copies sold in 67% of the global market for music. At best, Re-load sold 6 million copies worldwide. I could go on to the next thing and the next thing, but its pointless because your not here to discuss U2, the point of all your threads is about how you think Metallica is the biggest and greatest band in the world. This is not the thread, forum or website for that!

I have not lied about anything. Calling another person a liar or any other name can potentially get you banned from the forum and the website if the moderators decide such a violation of the faq/rules warrents such action.

This is a U2 WEBSITE. This is a forum dedicated to the business side of U2, NOT METALLICA!

Do you know what a "troll" is? A Troll is a person who comes onto one of the forums and persist in only posting material that is out of line with the forum and in some cases offensive to other members(through name calling or insults) and other inappropriate behavior.
 
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