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#1 |
Acrobat
Join Date: Mar 2006
Location: England
Posts: 299
Local Time: 03:55 AM
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U2 Royalties vs Others
Just wondering what other bands royalties are compared to U2s 25%, just for example someone like Oasis or Coldplay.
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#2 | |
Rock n' Roll Doggie
FOB Join Date: Oct 2001
Posts: 8,876
Local Time: 03:55 AM
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Re: U2 Royalties vs Others
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#3 |
The Fly
Join Date: Jan 2005
Location: overground
Posts: 248
Local Time: 05:55 AM
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Some bands are very good at the business side of things...for example Metallica (when it comes to exploiting their tours)
I think U2 are one of them as well. From what I've seen, PMcG seems to have a good handle on things, for example they renegotiated their original contract with Island, to include shares in the record company. For Island it was a smart way to hang on to their biggest act for a while. Around the time of R&H, Island was purchased for ~500Mil$ by Polygram (then a division of Philips Electronics) meaning they (U2) got a huge sum for their shares. Philips was interested in Island exactly because of U2. The only other major artist on Island being Bob Marley. |
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