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Musical Genres--Rock & Pop/When a band with six members has sold over 20 million. albums, are they all so rich that they do not need to make more ever if it was their wish? 2

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When a band with six members has sold over 20 million. albums, are they all so rich that they do not need to make more ever if it was their wish?

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Hi Kirs.

Technically, yes, but artists who make that much tend to get overwhelmed and do not always do the right thing with their money. If they can save the majority of it, yes, but some are so overwhelmed, and well "greedy", they will spend it on things like cars and drugs.

Also, if the band is on an ongoing contract with a major record label, sometimes 20-40% of the money will go back to the label to help promote more of their albums and also other artists on the same label.

There is a guide you might want to read up on if you would like to make money as a musician. There are ways around the major record labels, but yes, it will require more work.

http://musicians.about.com/od/beingamusician/ht/moneymusicians.htm.

Hope this answers your question.
Lisa

Musical Genres--Rock & Pop

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Lisa DesGroseilliers

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Keeping up with music gossip, news, media, and facts is my favorite hobby. I am also a musician. I play the drums and the piano. If there is a song you like, but don`t know the singer, or if you want to know more about a particular artist, or maybe you simply want music celebrity gossip info - just pass me the question. I can also answer your music business questions pertaining to concert promotions, organization of a concert, and the channels you may have to go through to reach the person in the music industry that can help you get that record promoted or made. However the information I will have to give you will be based on Canadian resources as that is where I am based.

Experience

Honours Diploma in Audio Technology, 1998
Honours Diploma in Computer Programming, 2002
Promoted and Organized live concerts for a local community center, 2003-2005
Former Community Radio DJ (Paroles et chansons 2003-2008) - petc.cjb.net/www.chrwradio.com
Former Member of The Canadian Academy of Recording Arts and Sciences (CARAS) - www.carasonline.ca/www.junoawards.ca

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