Even Metallica Can’t Make A Profit From Royalties Anymore | Music Evolution News... | Scoop.it

ΕΝΔΙΑΦΕΡΟΝ!!!"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."


Via Pierre Priot