Hot take; Limp Bizkit was dope
pay that man.
Limp Bizkit was AMAZING
Give them every penny
Fred Durst Sues UMG For $200 Million in Unpaid Royalties
- Thread starter mson
- Start date
Limp Bizkit was AMAZING
Give them every penny
Birdman and Master P got crazy distribution deals early on, and labels I think caught on.
If you are doing music indie and just using the label to press the CD, you should be stacking. No way UMG was in the hole 43 million dollars over Limp Bizkit
If you are doing music indie and just using the label to press the CD, you should be stacking. No way UMG was in the hole 43 million dollars over Limp Bizkit
damn I'm literally bumping this crehs right now...they were a more authentic version of linkin park more or less.....and I fukk with linking park
crehs crafted a whole tune off a rakim sample
bout to add some of these tunes 2 my workout playlist
crehs crafted a whole tune off a rakim sample
bout to add some of these tunes 2 my workout playlist
NZA
LOL
no but seriously, i hope he wins
Pegasus Jackson
Trump's Amerikkka
Slave contracts and shyt music. A match made in Hell.
UMG: peckerwood what money?!
NEVER received any royalties? That is outrageous for a group that was as big as Limp Bizkit. They should be getting that back with INTEREST because that's what would happen if the shoe was on the other foot.
DaveyDave
Superstar
50 million at least probably
if im reading this correct, limp bizket has sold 46 million records (varying prices im sure) on top of doing ~800 million streams year (not sure what payout this would be, I cant imagine it'd be millions of dollars though)
UMG is saying they havnt recouped $43 million they spent on limp bizket
but even if they sold every record for $1 they'd have recoupedbut lets be honest cds back then were $10-20 so really its probably closer to $500 million on top of leasing rights to movies, etc.
UMG definitely cutting a check
As I remember, usually you only recoup from your royalties. So if you’re only getting paid $1 per album sold then you have to pay back that $43 mil FIRST only coming from that royalty money THEN you can start receiving royalty checks. I think that’s how it works. Or used to.
DaveyDave
Superstar
The same way I’ve heard about movie companies fukking around with the books. They sign an actor to get paid such such on the back end royalties but then they fiddle with the amounts and budgets and what got paid where etc and suddenly a huge blockbuster didn’t make enough money and there’s nothing left to pay royalties. Scamming muhfukkas
nikkaS GOTTA UNDERSTAND
HOW shyt WORKS...
FOR ONE IT SAYS LIMP
WAS SIGNED TO AN INDY FLIP RECORDS
WHILE UMG HANDLED DISTRIBUTION.
SO UMG IS GETTING THEIR CUT
THEN FLIP RECORDS IS GETTING THEIR CUT ...
NOW YOU HAVE TO KNOW THE
DETAILS OF LIMP BISKITS CONTRACT.
HOW MUCH WERE THEY GETTING
PER ALBUM SOLD?
LIMP BIZKIT HAD 5 MEMBERS
SO WHATEVER THEY GOT PER ALBUM
GOT SPLIT 5 WAYS.
THE LABEL TAKES LIMP BISKITS
ROYALTIES TO RECOUP THE 46 MILLION
IN ADVANCE MONEY ...
THE LABEL DOESN'T TAKE THEIR OWN SHARE
TO RECOUP THE ADVANCE MONEY.
THAT WOULDN'T MAKE ANY SENSE.
ONCE AGAIN WE DONT KNOW
THE DETAILS OF THEIR DEAL
BUT IF THEY WERE GETTING $1 PER CD
THE LABEL TAKES THAT DOLLAR
UNTIL THEY GET THEIR 46MS BACK.
IF LIMP BIZKIT SOLD 43 MILLION RECORDS
THEY WOULD STILL BE IN THE RED
BECAUSE 43 ISNT 46.
nikkaS IN HERE COUNTING THE LABELS MONEY AS PART OF
THE RECOUP.
NO THATS NOT HOW IT WORKS.
I REMEMBER SOME GOOFY
ASS nikka ARGUING WITH ME
OVER METHOD MAN NEVER SEEING
A STREAMING ROYALTY
YET A GROUP THAT WAS 20X BIGGER THAN HIM STILL DIDNT RECOUP
THEIR ADVANCE MONEY
What I don't understand is UMG is saying Limp Bizkit is "far from recoupment" so where did the money from the record sales go?
nikkaS GOTTA UNDERSTAND
HOW shyt WORKS...
FOR ONE IT SAYS LIMP
WAS SIGNED TO AN INDY FLIP RECORDS
WHILE UMG HANDLED DISTRIBUTION.
SO UMG IS GETTING THEIR CUT
THEN FLIP RECORDS IS GETTING THEIR CUT ...
NOW YOU HAVE TO KNOW THE
DETAILS OF LIMP BISKITS CONTRACT.
HOW MUCH WERE THEY GETTING
PER ALBUM SOLD?
LIMP BIZKIT HAD 5 MEMBERS
SO WHATEVER THEY GOT PER ALBUM
GOT SPLIT 5 WAYS.
THE LABEL TAKES LIMP BISKITS
ROYALTIES TO RECOUP THE 46 MILLION
IN ADVANCE MONEY ...
THE LABEL DOESN'T TAKE THEIR OWN SHARE
TO RECOUP THE ADVANCE MONEY.
THAT WOULDN'T MAKE ANY SENSE.
ONCE AGAIN WE DONT KNOW
THE DETAILS OF THEIR DEAL
BUT IF THEY WERE GETTING $1 PER CD
THE LABEL TAKES THAT DOLLAR
UNTIL THEY GET THEIR 46MS BACK.
IF LIMP BIZKIT SOLD 43 MILLION RECORDS
THEY WOULD STILL BE IN THE RED
BECAUSE 43 ISNT 46.
THE LABELS MONEY AS PART OF
THE RECOUP.
NO THATS NOT HOW IT WORKS.
I REMEMBER SOME GOOFY
ASS nikka ARGUING WITH ME
OVER METHOD MAN NEVER SEEING
A STREAMING ROYALTY
YET A GROUP THAT WAS 20X BIGGER THAN HIM STILL DIDNT RECOUP
THEIR ADVANCE MONEY
They're making it seem like they wasn't receiving anything from record sales
NO BROTHER
THE LABELS RECEIVE THE MASS
MAJORITY OF THE MONEY FROM
RECORD SALES....
BUT THAT ADVANCE RECOUPMENT
COMES DIRECTLY FROM THE ARTISTS
PORTION OF THE RECORD SALES
SO IF THE ARTIST WAS GETTING
ONE DOLLAR PER SALE
THE LABEL HAS TO RECOUP
46 MILLION DOLLARS FROM
THAT ONE DOLLAR PER SALE
BEFORE THE ARTIST RECEIVES ROYALTIES.
ARTIST BEEN KNOWING THIS
WHICH IS WHY THEY ALWAYS SAID
THEY DONT MAKE MONEY FROM
RECORD SALES THEY MAKE MONEY
FROM TOURING.
YOU THINK DURST DIDNTKNOW WHY HE NEVER RECIEVED
ANY ROYALTIES IN HIS WHOLE CAREER?
30 YEARS AFTER THE FACT...
STOP LETTING THESE PPL
PLAY YALL