bands who got record deals and were never heard from again (1 Viewer)

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Managers suck.

This guy I know in a band with some dudes. Anyway, they were doing a fair few gigs and started doing some recording etc. So the singer dude says "let's talk money. I'll get 50% of all revenue, because it's my band and my songs. My friend José, our new manager, will get 30%. You 3 get 20% divided between you.

They subsequently broke up, go figure.

it's somewhat ironic that so many bands mentioned here started with this kind of bullshit because they were in the running to become the 'next u2', seeing as u2 have a well-known and simple arrangement - the dosh is equally split five ways between the four band members and the manager.
 
disclaimer: i do not intend that my previous post should in any way be interpreted as an endorsement of the music, members, or - for that matter - the continuing existence of u2.
 
Managers suck.

This guy I know in a band with some dudes. Anyway, they were doing a fair few gigs and started doing some recording etc. So the singer dude says "let's talk money. I'll get 50% of all revenue, because it's my band and my songs. My friend José, our new manager, will get 30%. You 3 get 20% divided between you.

Seemingly lead singers suck too. "My band? my songs?" what a cock.
 
it's somewhat ironic that so many bands mentioned here started with this kind of bullshit because they were in the running to become the 'next u2', seeing as u2 have a well-known and simple arrangement - the dosh is equally split five ways between the four band members and the manager.

Which works out at 20% for yer man McGuinness, isn't 20% the typical managers cut?
 

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