Bands who split royalties equally are more successful, says study
This week’s Hypebot Flashback Friday post revisits a Stanford study that every musician should read, which found that bands that split their royalty income evenly were more successful in the long run.
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.”