Revenue From CD Sales

[Bluewine]

I'm just curious how other unsigned local bands manage this revenue after you have recouped the cost of the initial order 

Some variables might be individual contribution, performance only, song writing credit ect...

Blue

[cheddatom]

Do you mean the profit from physical sales? Or revenue from royalties?

Either way ours all goes into the pot with gig money. We can afford studio time, loads of merch in stock, a few charity gigs, and we still get to take a small bit of money after every gig - the boss manages it all

[Bluewine]

8 hours ago, cheddatom said:

Do you mean the profit from physical sales? Or revenue from royalties?

Either way ours all goes into the pot with gig money. We can afford studio time, loads of merch in stock, a few charity gigs, and we still get to take a small bit of money after every gig - the boss manages it all

Physical sales.

I would think for most it would go into a band fund account.

Blue

[ambient]

CDs, you’re so 20th century 😊

[Len_derby]

6 minutes ago, ambient said:

CDs, you’re so 20th century 😊

Ha, ha! I understand where you're coming from but for a lot of us, at the gigs we play at, in the bands we play in; people ask "have you got any CDs?" With real money in their hands!

I think the obsession with wanting to have a physical product to store music on is a very 20th century phenomenon. In the history of music it will probably be a weird consumerist blip. Anyway, that's a different topic. I've got a house full of every medium since shellac 78s so I speak as an addict. 😉

Back on topic - we pool the revenue and finance further recordings. 

[ambient]

8 minutes ago, Len_derby said:

Ha, ha! I understand where you're coming from but for a lot of us, at the gigs we play at, in the bands we play in; people ask "have you got any CDs?" With real money in their hands!

I think the obsession with wanting to have a physical product to store music on is a very 20th century phenomenon. In the history of music it will probably be a weird consumerist blip. Anyway, that's a different topic. I've got a house full of every medium since shellac 78s so I speak as an addict. 😉

Back on topic - we pool the revenue and finance further recordings. 

Ha, this was my last release. 

😁

 

Edited August 1, 2018 by ambient

[Bluewine]

8 hours ago, Len_derby said:

 

Back on topic - we pool the revenue and finance further recordings. 

What happens if someone quits the band?

Blue

[Bluewine]

We just broke even on the cost. Now everything all monies from sales is cash, 4 way equal split. 

Blue

Edited August 2, 2018 by Bluewine

[bazzbass]

Profit from CD sales hehe

for a minute there I thought you were serious lol

[Lozz196]

All our earnings go back into the band, that way we can afford studio time, hotels, flights, more merch etc. The only things we individually pay up for now are strings/sticks etc, plus fuel costs of getting to gigs and food/drink consumed at said gigs, everything else is now met by the bands earnings. We`ve even gone legit, keeping proper accounts etc now. All PRS payments also go back into the band, and all the songs are written by all of us anyway so we`re equal partners. If any of us left the band we wouldn`t replace them, we`d fold the band so whatever was leftover would be split.

[Bluewine]

On 05/08/2018 at 06:18, bazzbass said:

Profit from CD sales hehe

for a minute there I thought you were serious lol

Once you make your cost back is every profit after that?

Blue

[Bluewine]

On 01/08/2018 at 11:58, Len_derby said:

Ha, ha! I understand where you're coming from but for a lot of us, at the gigs we play at, in the bands we play in; people ask "have you got any CDs?" With real money in their hands!

I think the obsession with wanting to have a physical product to store music on is a very 20th century phenomenon. In the history of music it will probably be a weird consumerist blip. Anyway, that's a different topic. I've got a house full of every medium since shellac 78s so I speak as an addict. 😉

Back on topic - we pool the revenue and finance further recordings. 

Yeah, all of our CDs are sold at gigs 

People still buy CDs, especially the 60 plus crowd.

Blue

Edited August 6, 2018 by Bluewine

[PaulWarning]

all merch sales go into the band pot, we did have a couple of members leave and we told them they'd get their share of any sales of the CD they played on, after a couple of (minor) payouts they told us not to bother anymore as we were selling them on the strength of the gigs with the new line up.

 Does help when you stay on amicable terms with ex members 😊

Edited August 6, 2018 by PaulWarning

[bazzbass]

15 hours ago, Bluewine said:

Once you make your cost back is every profit after that?

Blue

5 basses 2 amps 2 cabs, $3000 in interface and mics, ....profit? PROFIT ? lol

[Bluewine]

36 minutes ago, bazzbass said:

5 basses 2 amps 2 cabs, $3000 in interface and mics, ....profit? PROFIT ? lol

I'm not sure every band has those types of expenses.

Blue

[bazzbass]

nah I'm just making a point that I will never make a profit hehe

 

PS I chose to fork out for all the recording gear as eventually I wanted to go find young bands and help em make their first demos.