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by samd
5998 days ago
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Except when a VC invests in your company, you still do all the work. They get a small share because all they are providing you is money. Record labels handle a lot of the business side of a band and let the band members just make music. |
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But it's not.
The labels still charge the band members for their services in addition to the 80-90% cut they take!
See the classic http://www.negativland.com/albini.html for an example.