Bluewine Posted August 1, 2018 Share Posted August 1, 2018 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 Quote Link to comment Share on other sites More sharing options...
cheddatom Posted August 1, 2018 Share Posted August 1, 2018 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 1 Quote Link to comment Share on other sites More sharing options...
Bluewine Posted August 1, 2018 Author Share Posted August 1, 2018 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 Quote Link to comment Share on other sites More sharing options...
ambient Posted August 1, 2018 Share Posted August 1, 2018 CDs, you’re so 20th century 😊 1 Quote Link to comment Share on other sites More sharing options...
Len_derby Posted August 1, 2018 Share Posted August 1, 2018 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. Quote Link to comment Share on other sites More sharing options...
ambient Posted August 1, 2018 Share Posted August 1, 2018 (edited) 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 Quote Link to comment Share on other sites More sharing options...
Bluewine Posted August 2, 2018 Author Share Posted August 2, 2018 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 Quote Link to comment Share on other sites More sharing options...
Bluewine Posted August 2, 2018 Author Share Posted August 2, 2018 (edited) 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 Quote Link to comment Share on other sites More sharing options...
bazzbass Posted August 5, 2018 Share Posted August 5, 2018 Profit from CD sales hehe for a minute there I thought you were serious lol 1 Quote Link to comment Share on other sites More sharing options...
Lozz196 Posted August 6, 2018 Share Posted August 6, 2018 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. Quote Link to comment Share on other sites More sharing options...
Bluewine Posted August 6, 2018 Author Share Posted August 6, 2018 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 Quote Link to comment Share on other sites More sharing options...
Bluewine Posted August 6, 2018 Author Share Posted August 6, 2018 (edited) 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 Quote Link to comment Share on other sites More sharing options...
PaulWarning Posted August 6, 2018 Share Posted August 6, 2018 (edited) 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 1 Quote Link to comment Share on other sites More sharing options...
bazzbass Posted August 7, 2018 Share Posted August 7, 2018 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 Quote Link to comment Share on other sites More sharing options...
Bluewine Posted August 7, 2018 Author Share Posted August 7, 2018 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 Quote Link to comment Share on other sites More sharing options...
bazzbass Posted August 7, 2018 Share Posted August 7, 2018 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. Quote Link to comment Share on other sites More sharing options...
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