Ticketmaster and Live Nation have destroyed the concert experience. But it didn’t use to be this way. Today, Oasis and Taylor Swift tickets might go for thousands of dollars, but back in 1955, you could see Elvis Presley in concert for less than the modern-day equivalent of $20.
Well they definitely made significantly more than they do from Spotify cos Spotify is so cheap for the end user that they can’t possibly be paying the bands much of anything at all.
Of course the record companies would take a negotiated slice which I should imagine would be larger for the first album but probably the band can negotiate better terms for the second album if the first is popular. They wouldn’t agree to a contract for a stupidly low amount at least not for consecutive albums when they gain popularity and therefore bargaining power.
But even 100% of Spotify proceeds is shitty. 100% of fuck all is still fuck all as they say. Physical albums always made a much larger “pie” to start with. So everyone’s share is much more generous.
I’m talking like the I know the music industry and shit lol but I’m just making most of this up or repeating it from other people’s comments I’ve seen before about how it works but I’m pretty sure this is more or less accurate.