Quote:
Originally Posted by OK_Ant
I believe song credit is linked to royalties.
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I saw Billy Corgan explain to Joe Rogan. The band gets paid a flat amount for the recording of album, which they split, but the credited song writer gets paid a separate additional amount for every song.
So,
and I'm just making numbers up here for the sake of example, for Under the Table and Dreaming, which sold 6 million copies:
Each band member gets .20 cents per album sold. That's $1.2 million per band member.
Dave, as the sole credited song writer, gets an additional .02 cents for every song. 12 songs on UTTAD. That's .24 cents per album. That's an additional $1.44 million for Dave.
So for UTTAD, every band member gets $1.2 million, and Dave gets $2.64 million.
Again, these numbers are made up for the sake of the example.
The point of the Corgan interview was to show how he pulled away from the other Smashing Pumpkin band members financially, which caused turmoil.