From today's NYT regarding Linkin Park's new contract:
The six-member Los Angeles band and its management company, the Firm, last week reached a deal with Warner calling for an estimated $15 million advance for the group's next album, executives involved in the contract negotiations said. The pact provides the company's Warner Brothers Records unit with an option for up to five more albums from the band, one more than had been called for in their original deal.
Warner also agreed to increase the musicians' royalty rate to an estimated 20 percent. The next Linkin Park CD, still untitled, is expected to be released as early as mid-2006.
the public gets what they deservePosted by esinclai at December 28, 2005 06:28 AM |
not what they demand
unless we all decide to be
a business, not a band