Profit? I doubt that. Signing bonuses don't count as an individuals salary or earned income. They're a lump incentive to work hard to promote to get paid more. The company as a whole may have made a million, but not just Mr. Yates himself. If that's true, then people like Red Head Steve would be millionaires, too.
How many copies of Everready sold so far?!?!
- Thread starter Theezy
- Start date
Profit? I doubt that. Signing bonuses don't count as an individuals salary or earned income. They're a lump incentive to work hard to promote to get paid more. The company as a whole may have made a million, but not just Mr. Yates himself. If that's true, then people like Red Head Steve would be millionaires, too.
I got Everready for about $9 and some change. I work at that big blue crap box that sells electonics. Discount is posed to give me stuff at 5% above average cost or something like that. That means the stores are probably buying the CDs for about $7-$9 a pop and then jacking the cust at $17. So that $7 or $9 is pass around to everyone and I was reading somewhere that the artist usually gets about a buck a CD. Money comes from Tech touring and sellin merch. That is why the man works his ass off touring the country time and time again.
Hasn't tech said before that he gets 50%, rather than the normal three four points a normal artist gets.. I'm sure that means he gets like 50% of whatever strange pulls in as profit.. Probably not that much money, but decent.. I'm guessing around 3.50 a cd or so.
I read some article a while back that said Everready was at 80k, but that was like a month ago, i'm guessing now it's at like 85 to 90k.
I read some article a while back that said Everready was at 80k, but that was like a month ago, i'm guessing now it's at like 85 to 90k.
yeah, i've heard tech say in some interview that him and travis split stuff 50/50
so you gotta be careful saying "tech gets 50" if you don't know what that 50 is taken from. i doubt it's from the money after all the distributers/publishers/stores take their cut and marketing costs have been recouped. because they still need money to run the company... rent, salaries, technical problems, studio costs, etc. where do you think that money comes from? do you think tech gets 50 straight off the table and then travis uses his 50 to pay for all of that? i dont' think so. but if he does, tech's got a helluva deal.
but anyway, why are we talkin bout this? lol
the bottom line is tech is doing well and about to break in to the mainstream if everything goes along smoothly... who cares what the figures are.
the reason i replied though, is because i notice a lot of people who aren't artists have somewhat distorted/too glamorous thoughts about the money an artist makes. many times a normal artist on a big record label can have a gold record and still be poor.
if some underground dude is selling CD's that they made in their bedroom "for free" and pressed copies of themselves... if they're selling them out their trucks let's say for about 10 bucks, after he/she's paid off the CD printer, additional musicians, he'll be makin 95% profit on them. (minus gas for his truck and shit) this is the lowest underground level. but at every stage you bring more people into your team, make deals, widen your target market, you start getting less and less money, sacrificed for more exposure and better recording conditions etc. So once you're on one of the big labels, you really aren't gettin that much from record sales alone unless you're selling crazy units...
that's why it can seem like a neighbourhood hero can get rich fast because they reallly don't have to sell that many CDs to buy a new car... and if they have any clout they can move them units pretty quick. where as an artist on a semi big record label has to wait till all the recordin costs have been recouped, maybe the record label even wants a video and the deal says the making of the video is ALSO recouped from artists royalties... well this motherfucker has to hope the video does well and sells more records so he can buy the same car the underground dude bought 2 months ago.
so you gotta be careful saying "tech gets 50" if you don't know what that 50 is taken from. i doubt it's from the money after all the distributers/publishers/stores take their cut and marketing costs have been recouped. because they still need money to run the company... rent, salaries, technical problems, studio costs, etc. where do you think that money comes from? do you think tech gets 50 straight off the table and then travis uses his 50 to pay for all of that? i dont' think so. but if he does, tech's got a helluva deal.
but anyway, why are we talkin bout this? lol
the bottom line is tech is doing well and about to break in to the mainstream if everything goes along smoothly... who cares what the figures are.
the reason i replied though, is because i notice a lot of people who aren't artists have somewhat distorted/too glamorous thoughts about the money an artist makes. many times a normal artist on a big record label can have a gold record and still be poor.
if some underground dude is selling CD's that they made in their bedroom "for free" and pressed copies of themselves... if they're selling them out their trucks let's say for about 10 bucks, after he/she's paid off the CD printer, additional musicians, he'll be makin 95% profit on them. (minus gas for his truck and shit) this is the lowest underground level. but at every stage you bring more people into your team, make deals, widen your target market, you start getting less and less money, sacrificed for more exposure and better recording conditions etc. So once you're on one of the big labels, you really aren't gettin that much from record sales alone unless you're selling crazy units...
that's why it can seem like a neighbourhood hero can get rich fast because they reallly don't have to sell that many CDs to buy a new car... and if they have any clout they can move them units pretty quick. where as an artist on a semi big record label has to wait till all the recordin costs have been recouped, maybe the record label even wants a video and the deal says the making of the video is ALSO recouped from artists royalties... well this motherfucker has to hope the video does well and sells more records so he can buy the same car the underground dude bought 2 months ago.
This was put on Tech's myspace and circulated around about a month or so ago.
"Everready (The Religion) has already SoundScanned more than 60,000 units, which marks a 30 percent improvement in sales during the same period of time compared to Tech N9ne’s other two studio albums, 2001’s Anghellic and 2002’s Absolute Power."
I would think that he has sold lots more than that, because it's a month later and the soundscan does not count the CD's he sold at shows and signings (If I recall correctly...someone please enlighten me if I am wrong). I bet he's close to 75,000 or so soundscanned units right now.
"Everready (The Religion) has already SoundScanned more than 60,000 units, which marks a 30 percent improvement in sales during the same period of time compared to Tech N9ne’s other two studio albums, 2001’s Anghellic and 2002’s Absolute Power."
I would think that he has sold lots more than that, because it's a month later and the soundscan does not count the CD's he sold at shows and signings (If I recall correctly...someone please enlighten me if I am wrong). I bet he's close to 75,000 or so soundscanned units right now.
I believe someone on this board (someone that would know) stated a couple years back that Strange Music (notice... Strange, not Tech) made $8 dollars off of each CD. When you think about, yeah, it makes no sense how this is even possible. But somehow, someway, it is true. Like Tech said at the end of No Can Do.... "...(You're) pissed because we got it so good!" I would say that's a reference to the deal Strange has going right now.
