Eighth Grade Metal Band Plots Future After Seven-Figure Record Deal | Kill The Record Industry | Scoop.it

Since the musicians (12-year-old drummer Jarad Dawkins, 13-year-old guitarist Malcolm Brickhouse, 13-year old bassist Alec Atkins) are all minors, the contract was submitted for approval to a Manhattan judge last week. The five-album deal includes 16-to-17 percent royalties and a $60,000 advance, but the rest of their metal-earned cash will only arrive if their first LP sells more than 250,000 copies – a daunting task in the age of declining record sales.