So if a label puts on 4 bands on the side stages then they pay 400k for bands like all shall parish and rings of Saturn to be on? Idk that sounds crazy, I just do t see the turn around being worth it.. The bands barely even sell any CDs or anything .. They might sell 1400 copies or some shit.. How they making a return on their investment?
Of course the industry is fucked.. Almost a good thing doe.. Record companies were getting away with murder for decades .. Maybe we can hit the reset button and try a better way for the bands
Mega bands cannot exist under the current model. There will never be another Metallica or Pantera. At best you'll get to be Five Finger Death Punch. And there hasnt been a 5FDP since 2008.
The majority of bands will be Battlecross level. Bands who are well known by a lot, and can get on big fests, but who need to tour constantly and still dont make enough money to quit their day jobs.
I read an interview with Karl from Nile where he said his label only had enough money to pay their way into the free Ozzfest. The band had to cover travel expenses themselves. I'm not sure how it's worked out for them, but it's done wonders for Behemoth. They were kinda anonymous before the free fest thing. They were the name that got all the kvlt dicks hard on the bill at the time. Didn't work out for Mondo Generator at all. They dropped off after like 5 dates because people were throwing shit at em. All that money and effort for nothing. Nick Oliveri prolly did the Kyuss reunion to pay back the label
I know Page Hamilton from Helmet still owes his label money from the early 90s cuz they tried to position them as an east coast version of Nirvana and it didn't sell. He was in a situation where they had him writing songs for bands like Bush and Limp Bizkit to help work off the money. Rivers Cuomo from Weezer was in the same position between 'Pinkerton' and the Green Album. They actually both did most of the guitars for the Bizkit album when their guitarist dipped out
Comments
Now the biggest you can get is Battlecross
The majority of bands will be Battlecross level. Bands who are well known by a lot, and can get on big fests, but who need to tour constantly and still dont make enough money to quit their day jobs.