Bands that split royalty income evenly are more successful
On a week when 2 Live Crew fought and won back their rights and royalties, this week’s Hypebot Flashback Friday revisits a study by Stanford University that showed how bands that split royalty income evenly are more successful.
Bands split royalty income in many different ways.
The Red Hot Chili Peppers give credit to anyone who was present when the song was created. Coldplay reportedly splits their earnings equally, and Chris Martin has said that they “share money and share credit”
REM, Radiohead, and The Doors are all examples of bands that split royalties equally.
The Smiths’ Morrissey and Marr received all songwriting royalties, while Joyce and Andy Rourke split the recording and performance royalties 40/40/10.
All these artists would seem to conform a Stanford Law School study that found that bands that split income evenly were more successful in the long run. – Bruce Houghton
Loyalties vs Royalties: Bands that split royalty income evenly are more successful
by Bobby Owsinski of Music 3.0
One of the biggest problems with bands that become successful is when the songwriter starts living large from publishing royalties while the rest of the band still are just getting by. Resentment builds, and the band eventually breaks up. On the other hand, bands that have split royalties equally have had great success over the years, according to a paper by Sarah Polcz at the Stanford Law School entitled “Loyalties vs Royalties.”
