2min chapter

Planet Money cover image

Planet Money Records Vol. 2: The Negotiation

Planet Money

CHAPTER

The MSU Music Deal - The New Splits

"We wanted to be a label. And as a record label, Don told us, we don't want to get in the middle of determining who gets what share of the song," he says. "The band should figure all that out and agree on it." Ernest will get 67.5% of the profit from this royalty bucket,. The rest of the band splits 17.5%, though Brande Jackson wants to give his split to Roy's widow., We get the remaining 15%. So if this song makes $4,000 just in royalties from this little royalty bucket, Ernest will keep $2,700.

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