A music industry case study



A fictional case of what often happens to a band when dealing with a recording contract.



It starts out well!



"The Gold Record Gross: 500,000 albums sell at $16.98 = $8,490,000 The Grunts' royalty is 15% of retail. That's $1,273,500."



But ends up like this:



"That's not bad money, but it's split four ways, or $40,477.25 each, about the same as a city sanitation worker with two years' experience, without health benefits, vacation and retirement fund."