Seems shortsighted. Why sell your music and forgo any royalties? Or is it that the streaming business is so not worth it that the royalties are worth less than $300 million?
Adjusting for inflation for let’s say the year 2000 that’s only 150 million. Divide that by four and that leaves you just under 40 million before taxes per band member in 2000 money.
Seems shortsighted. Why sell your music and forgo any royalties? Or is it that the streaming business is so not worth it that the royalties are worth less than $300 million?
300M is more than they’ll need in a hundred years.
Sells short sighted. Leave something for your kids or family.
If you think $300.000.000 is not enough then you have issues no money can cure.
Adjusting for inflation for let’s say the year 2000 that’s only 150 million. Divide that by four and that leaves you just under 40 million before taxes per band member in 2000 money.
So it’s not really that much money.
‘If you do these arbitrary calculations the number goes down!’
Bet you have no idea how much like 50.000 is. Or how to pay rent.
Yes, won’t someone think of the nepo-babies?
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