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DGA35Quote
keefriffhard4lifeQuote
shadooby
What I want to know is, did Perry and Tyler have to re-audition every time they left for various reasons/ailments over all these years.
Get rid of the drummer and divide all profits by 4 instead of 5...same story different band.
All I can say is watch out Hamilton and Whitford, profits split in half between 2 is much better (see Black Crowes)!
"Hey man, we got grandkids to look out for now...yeeeooow yaggiggigga geeeooowwwww!"
kramer is part of the bands share so he gets paid no matter what. i like when people who have no clue how contracts work make a post. there is a contract signed as to who is part of aerosmith incorporated
also when did tyler ever leave the band or miss a show? unless i'm mistaken they never played a show without tyler
So what happened when Joe Perry quit the band in 1980 and then Brad Whitford quit the following year? I don't think they would be part of any band shares back then or would replacement guitarists Jimmy Crespo and Rick Dufay be just salaried employees back then?
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jbwelda
thank you Rocky Dijon.
That drummer may or may not be part of any "corporation" if there even is such a corporation (surely there would be).
However the purported fact that he was having to pay a drummer replacement, does seem to imply he is obligated by a contract somehow, and that obligation would probably be reciprocal.
Still, I doubt any of us know anyones true financial situation. A lot of it is smoke and mirrors.
jb
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keefriffhard4life
read my above post. usually there are 3 contracts, a management contract, a contact on who is part of the band, and then the contracts for record deals, etc. rarely does a smart band sign individual names on a recording, merch, etc contract. the usually sign as aerosmith inc. the reason is, lets say for example the stones, individually signed a contract for a tour and album if it fails for some reason instead of coming after rolling stones inc they could go after just mick jagger and make him pay out of pocket for the failures since they know what he's worth. its to protect all parties. in the case of the las vegas stuff aerosmith inc is signed and paid to play. kramer gets his share even if he doesn't play so the band said he has to pay for the fill in out of his share.
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Rocky DijonQuote
keefriffhard4life
read my above post. usually there are 3 contracts, a management contract, a contact on who is part of the band, and then the contracts for record deals, etc. rarely does a smart band sign individual names on a recording, merch, etc contract. the usually sign as aerosmith inc. the reason is, lets say for example the stones, individually signed a contract for a tour and album if it fails for some reason instead of coming after rolling stones inc they could go after just mick jagger and make him pay out of pocket for the failures since they know what he's worth. its to protect all parties. in the case of the las vegas stuff aerosmith inc is signed and paid to play. kramer gets his share even if he doesn't play so the band said he has to pay for the fill in out of his share.
There are an awful lot of assumptions here. When, for example, The Rolling Stones sign for a tour, if The Rolling Stones default, the legal entity is sued. No one would sue the lead singer personally because he's the wealthiest. That's madness. What none of us can speak of with certainty unless it becomes public knowledge is whether or not Joey gets a full share for Aerosmith gigs he doesn't play (particularly when it stretches on for more than six months). He may, he may not. We don't know how the agreement reads. If we did, "Black Crowes, Inc." (to use your phrase) would have turned out very differently.
In the case of Aerosmith, it would appear this was an intervention of some sort to get Joey back into shape or to quit the band. The latter extreme likely reflects directly on their band agreement, but for a variety of reasons band agreements are not generally made public. A band like CCR ended as a democracy with the resulting ownership of the name a problem for those hoping to trade off it in one fashion or another (including John Fogerty). A band like The Kinks or The Black Crowes clearly limits ownership to the siblings who fronted it. In both cases, it wasn't always that way, but it became the situation. We know from Steve Gorman that Chris Robinson attempted to make it even more one-sided.
None of us know what concessions The Stones have made to keep going. Did Mick lick Keith's boots? Fans like to pretend TALK IS CHEAP and it's U.S. tour of theaters and small halls was so amazingly huge that Mick playing stadiums and amphitheaters in Japan and Australia had to come back with his tail between his legs. In truth, Keith may have agreed to all sorts of concessions to get the Stones back together and get his hands on his share of Michael Cohl's payday. The concessions may have continued since then when you look at situations like Matt Clifford's growing involvement in pre-production and the language in his song publishing press release guaranteeing him representation in songs he writes for The Rolling Stones and Mick Jagger. All of these situations are unique because band agreements are unique and varied. This particular situation may very well have, as alleged, been a factor in delaying the mythical new Stones album. Not the same situation as Aerosmith or The Kinks or The Black Crowes or CCR, etc.
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keefriffhard4life
that's exactly what happened to dee snider from twisted sister though as detailed in his autobiography. in 1985 the band signed some huge contract for touring and merch and it was a failure and they owed lots of money. instead of signing as twisted sister inc or whatever they signed their individual names. when it came time to recoup their losses dee snider states since he was the face of the band, wrote all the songs so he got all the writing royalties, etc he was personally sued and had the repay hundreds of thousands of dollars back while the other 4 members paid back just a few thousand despite all 5 members signing and getting the same cut from the tour and merch deal
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Rocky DijonQuote
keefriffhard4life
that's exactly what happened to dee snider from twisted sister though as detailed in his autobiography. in 1985 the band signed some huge contract for touring and merch and it was a failure and they owed lots of money. instead of signing as twisted sister inc or whatever they signed their individual names. when it came time to recoup their losses dee snider states since he was the face of the band, wrote all the songs so he got all the writing royalties, etc he was personally sued and had the repay hundreds of thousands of dollars back while the other 4 members paid back just a few thousand despite all 5 members signing and getting the same cut from the tour and merch deal
Didn't Dee Snider release a solo album under the Twisted Sister name at that time or have the band do a sponge job on his unreleased solo album? In any event, it is down to the individual agreement. It's still not one size fits all. I really don't seem much point in discussing this further. I've given examples. You have your conclusions and mine are different. I just reacted because you called someone ignorant for not knowing facts like you do.
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Rocky Dijon
This is what I reacted to:
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keefriffhard4life
i like when people who have no clue how contracts work make a post.
Not quite the same as this:
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keefriffhard4life
I said they have no clue the deal aerosmith has where as I have some first hand knowledge that Kramer was getting paid his share from the gigs he wasn't playing in and also know that no band can just kick someone out who is signed as part of that corporation.
As far as "no band can just kick someone out who is signed as part of that corporation" goes, meet Brian Jones. Granted, you may see that as not a fair comparison.
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letitloose
Shocking if true. He has been there all the way through (like Ian Paice in Deep Purple). He came up with the Aerosmith name. Why are there still so many bands out there who consider there drummers to be dispensible. AC/DC were never the same without Phil Rudd. The truth will out...
He's definitely got some chops...I've just always found his back beat to be kinda stiff. There are a lot of songs where he chokes the hi-hat too tight and the beat becomes stiff and mechanical.Quote
ultimaterocker
Anyone who doesn’t think Joey has some serious skills behind the kit should watch this video of Hangman Judy last night
[m.youtube.com]
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ultimaterocker
Anyone who doesn’t think Joey has some serious skills behind the kit should watch this video of Hangman Judy last night
[m.youtube.com]