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Metallica leaves Warner Music with its masters, forms Blackened Records - Los Angeles Times

Metallica leaves Warner Music with its masters, forms Blackened Records - Los Angeles Times | Kill The Record Industry | Scoop.it
RollingStone.comMetallica leaves Warner Music with its masters, forms Blackened RecordsLos Angeles TimesThe band announced on Friday that it has officially left its longtime home, the Warner Music Group, taken its master recordings and formed a new...
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Even Metallica Can’t Make A Profit From Royalties Anymore

Even Metallica Can’t Make A Profit From Royalties Anymore | Kill The Record Industry | Scoop.it

Thanks to their battle with Napster, Metallica have often been stereotyped as “greedy rockstars” who are “wealthy beyond belief.” So it might be hard to think that Metallica would do anything that wouldn’t see a return in profit. However, in an interview withRolling Stone (in which Metallica appear on the subscriber’s special issue cover), guitarist Kirk Hammett explains that most of their big endeavors like the Orion Music & More Festival actually never make money. In fact, apparently Metallica don’t make much profit from anything but touring.

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