The Mudcat Café TM
Thread #22443   Message #244979
Posted By: MK
20-Jun-00 - 12:51 PM
Thread Name: Scathing Article on Recording Industry
Subject: RE: Scathing Article on Recording Industry
I read the article and the comments here.

The one question that permeates my thinking is, if the deal she signed off on is so bad, what the hell is she paying her management 20% for?

This is precisely the kind of thing management should be advising her on, and, negotiating a better deal for her and the band. Sadly, some managers are intimidated by record companies and lofty "record deals" offered, and in the end they serve only their own greedy interests at the expense of the act, doing all the work.

As I understand it, it is precisely the job of management to look out for the bands' interest and negotiate the very best deal offered, especially, if there is a bidding war involved to sign the act.