In Reply to: Your example is a one-way street posted by mlsstl on April 10, 2021 at 14:35:14:
The deal is that the credited writer gets 50% of the money a song generates and the performer the other 50%.
However the record company charges the performer for promotional costs, recording costs, musicians, meetings, business lunches, percentages paid to producers etc.
In the end the writer always gets more money than the performer.
Which is why The Beatles started to write their own songs.
I know a number of songwriters who are financially substantially better off that the artists who recorded their songs.
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Follow Ups
- RE: Your example is a one-way street - b.l.zeebub 16:32:05 04/10/21 (1)
- PS: For example Oasis - b.l.zeebub 02:48:07 04/11/21 (0)