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What do you think MM's financial share is?

Started by rumborak, December 28, 2011, 05:52:12 PM

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rumborak

Was just thinking that. He comes in REALLY late, after 20 years worth of material. So, even with new material, I would think he wouldn't end up getting a 20% share of things. (not that I think it was ever a straight 1/5 for each, I'm pretty sure JP and MP walked away with more money than the others).

rumborak

MykeHavoc

For royalties? 0%

He gets a paycheck like any other worker. And I would imagine its just fine.

Tumdace

Why is it important?

Should you really care how much money he makes? I am sure he makes enough to be financially stable, but I am sure he's probably more interested in the music and the band then he is in the paycheque.

rumborak

For fuck's sake. Do you guys insert the Dream Theater discs sideways into your buttholes so you shit your poop DT style?!!

Man, I asked a plain question, how music business works in the case of somebody joining a band late. It seems I offended the mighty mighty gods of DTF PC-ness, I am really sorry.

rumborak

Tumdace

Quote from: rumborak on December 28, 2011, 06:50:49 PM
For fuck's sake. Do you guys insert the Dream Theater discs sideways into your buttholes so you shit your poop Dream Theater style?!!

Man, I asked a plain question, how music business works in the case of somebody joining a band late. It seems I offended the mighty mighty gods of DTF PC-ness, I am really sorry.

rumborak

Overreact much man?

rumborak

I don't have the impression I'm the one overreacting. I'm pretty sure I asked a plain question, and the first two responses where defensive to the point of "why do you ask such heretical questions?! MM is our god!!"

rumborak

Dillster22

Quote from: rumborak on December 28, 2011, 06:53:13 PM
I don't have the impression I'm the one overreacting. I'm pretty sure I asked a plain question, and the first two responses where defensive to the point of "why do you ask such heretical questions?! MM is our god!!"

He's asking about people's opinions on the splitting of the money, not people's opinions on ethics and whether discussing people's income is important or not.

emindead


Jamesman42

\o\ lol /o/

YtseJam

Here's the problem with message forums such as this one... put yourself in a position as you would talk to someone you don't know....A) would you say the things you say? B) would you say the response any of you would give....to someone's face? Odd's are 99.9% of you would be totally different... so please continue to be douche's to each other on here. In real life most of you would be beat to shit for talking the way you do to each other on here....so fuck off and carry on fellow asssholes... and as far as the response to his MF question, I think he get's probably 10-12%, face it he's a hired gun.

Pols Voice


Jamesman42

Quote from: YtseJam on December 28, 2011, 07:14:59 PM
Here's the problem with message forums such as this one... put yourself in a position as you would talk to someone you don't know....A) would you say the things you say? B) would you say the response any of you would give....to someone's face? Odd's are 99.9% of you would be totally different... so please continue to be douche's to each other on here. In real life most of you would be beat to shit for talking the way you do to each other on here....so fuck off and carry on fellow asssholes... and as far as the response to his MF question, I think he get's probably 10-12%, face it he's a hired gun.

a) yes depending on b) the fact that i know a substantial amount of the consistently active posters here

my roommates and i, for example, say some stuff to each other (insults and the like) that would get me banned from this site :lol
\o\ lol /o/

rumborak


BlobVanDam

Quote from: rumborak on December 28, 2011, 06:53:13 PM
I don't have the impression I'm the one overreacting. I'm pretty sure I asked a plain question, and the first two responses where defensive to the point of "why do you ask such heretical questions?! MM is our god!!"

rumborak


I think you way overreacted, and I only say that because that's very rare (ie pretty much non existent) with you.

For royalties, I'm not sure what cut he'd get. I can't remember what the writing credits in the album say, but technically MM wouldn't be owed anything there. DT being the good guys they are, they may have cut him in something small for it anyway, but no guarantee there. I'd say in future they'll make it an even split (unless that wasn't the case even with MP in the band), but he didn't have enough input this time to warrant an equal share.
As for the split of performance earnings, I'd expect them to be equal there, or close to it, unless there are some other costs associated with the split and addition of MM that may skew it somehow. DT seem to be pretty diplomatic, so I think they'd try to make him as much a full member as anyone else.

ResultsMayVary

I think its that of a full member of DT, minus the album royalties, of course.

Vivace

I can only speculate here but my impression of the music business is to imagine the band (not the members but the band itself) as a company. You have the top dogs or the band members themselves but you also have those who need to run the other aspects of the band, those hidden areas that we don't see or care about really. In the end, my assumption has always been that the band gets a salary like any employee. This doesn't include outside projects and solo albums. I suspect that MM gets a salary but makes quite a bit more in product advertising, drum clinics, and whathaveyou. I mean you have to wonder just how much compension a person gets for playing a particular brand of instrument. Does Jordan get anything back from Korg? I have a feeling the money question is about as complex as any standard company. It would be much much easier to just have the band members get a standard salary, to ask for additional money if needed for instruments or travel or anything band related.

black_biff_stadler

$2.13 an hour plus tips minus 3% of gross sales?

Gadough

Quote from: rumborak on December 28, 2011, 06:50:49 PM
For fuck's sake. Do you guys insert the Dream Theater discs sideways into your buttholes so you shit your poop DT style?!!

This is the greatest sentence I've ever read.

johncal

I don't think what people make is anybody's business but their own. I don't normally let that information out to people I know.

Besides, honestly do you think anybody here REALLY knows? Those here that are close to the band WOULDN'T be anymore if they leaked that out anyways. Asking that kind of question is begging to get some of the pissy answers thrown out here.

What's important is that the vast majority here love his ability and personality, and feel he improves the band and the music...... although this last sentance might also draw some pissy responses. Oh well.

reneranucci

I'd like to know how much he's making compared to what he earned as a college professor (which is enough to live a comfortable life if I'm not mistaken). Since he was so eager to joining the band, it wouldn't surprise me if he accepted the job even though it couldn't guarantee the same kind of money he was receiving before.

Another thought: maybe DT is still paying some money to MP, so that would reduce the paycheck of all the current members. I don't really know how that works, though.

kirksnosehair

Well, I can offer two things:  First, I don't think there is anything wrong AT ALL with having a purely speculative discussion about what we think MM might be making in terms of money.  I really don't get why anyone would have a problem with it.  FFS, We've got threads on here discussing blatant sexual activities with minors and adults both eagerly participating, but talking about how much cake Mangini might be making is taboo?  ::)   

Second, back on topic:  I know a guy who is the director of the music department at a state college and he makes just under $100k annually.  Now, I'm sure that Mangini's primary interest in being in Dream Theater is not financial, but at the same time, when you get to be his age (which is just a few years younger than me) you get used to having a certain amount of income and I am pretty sure that if he had to take a HUGE financial hit to join Dream Theater he might have balked at the idea.  So my guess is he is making as much as, if not more than what he made as a professor at Berklee

2Timer

I know it's none of our business knowing what he makes, but I'm pretty curious too. Not that big of a deal, but I wouldn't mind knowing.
And I'm sure they are more than fair with MM when it comes to the money end of it, especially since now, more than ever, they realize that they probably have the best drummer on the planet and the best overall fit for the band, and they want to make sure they keep him.

ronrule

#22
I don't think Rumby's saying we have to gossip $$ incomes. Discussing how DT splits the pie from a music business standpoint is really interesting to me.

No way to really know without insider info, but they are very specific about who gets producer, music, and lyrics credits (and whether they are written collaboratively, e.g. "the lyric rule"), so I assume that definitely comes into play all the way back to the first record deal. Also I remember a JP being very specific in one interview about Mangini's drumming that "the songs were written" before Mangini drummed on them. There is performer credits as well.

I'm guessing everyone got a raise with ADTOE. JP no longer shares producing pay/credit/points--he gets that whole pie. They lost a songwriter in MP, so those music writing pie slices got larger as well. And I think it's safe to assume Mangini got a raise from being a teacher.

slycordinator

Quote from: johncal on December 29, 2011, 04:06:31 AM
I don't think what people make is anybody's business but their own. I don't normally let that information out to people I know.

Besides, honestly do you think anybody here REALLY knows? Those here that are close to the band WOULDN'T be anymore if they leaked that out anyways. Asking that kind of question is begging to get some of the pissy answers thrown out here.
I don't see where anyone was suggesting that information should be leaked. It seemed like he was asking for speculation especially speculation by some of the members that are in the industry in some manner...

rumborak

Quote from: ronrule on December 29, 2011, 08:13:43 AM
I don't think Rumby's saying we have to gossip $$ incomes. Discussing how DT splits the pie from a music business standpoint is really interesting to me.

That's really all I was thinking in terms getting out of the discussion. Just plain discussing the different factors that will go into his (and the others') salary. It still stuns me that people are getting pissy at this.

rumborak

2Timer



reneranucci

Quote from: kirksnosehair on December 29, 2011, 07:25:15 AM
Second, back on topic:  I know a guy who is the director of the music department at a state college and he makes just under $100k annually.  Now, I'm sure that Mangini's primary interest in being in Dream Theater is not financial, but at the same time, when you get to be his age (which is just a few years younger than me) you get used to having a certain amount of income and I am pretty sure that if he had to take a HUGE financial hit to join Dream Theater he might have balked at the idea.  So my guess is he is making as much as, if not more than what he made as a professor at Berklee
This part is interesting, since I didn't know a job with DT could guarantee that kind of money. But they're at their peak and touring extensively, so maybe they can make 100k+ per year, most of that income coming from touring

TheOutlawXanadu

I think Rumby has a point when he says some members overreacted to his question. Even if the question was more blunt - how much money does Mike make a year? - that would be fine because this is a forum. We speculate. We ask questions we probably don't need to ask. I think it's an interesting question.

Is it important? Nope. Is anything we talk about here important? Nope.

Madman Shepherd

With bands it usually breaks down to two things:

1) Performance royalties...anybody that performed on the album is allotted a percentage just for being the person that sang the songs, beat the drums, played the bass, etc.  So he could potentially get 20% but it is up to the band.  I know in Jane's Addiction Perry Ferrel considered himself the main person in the band with the most recognizable contribution so he took 50% and the remaining band members split the remaining 50%...(at least, to the best of my recollection)

2) Writing royalties...so JP and JR would get a cut from every song, JLB and JM would get a cut from a few songs, and MM would get none.

There is also publishing...so hypothetically their manager could take a cut of all future proceeds because he was a driving force in their success.

Some bands like Judas Priest split things between the main partners, i.e. Halford, Tipton, and Downing.  Their drummer Scott Travis, from what I've heard is still just on salary, even though hes been with them for over 20 years.  In other words, he'll make the same $60,000 a year or whatever...and maybe some bonuses on top of that.

It is an interesting and completely valid question as long as no one is posting social security numbers and it gets pretty old when people say "Thats none of our business."  Then what is?  When they argue over where to eat?  The inspiration for a song?  What they wear to bed? 

johncal

Quote from: kirksnosehair on December 29, 2011, 07:25:15 AM
I really don't get why anyone would have a problem with it.  FFS, We've got threads on here discussing blatant sexual activities with minors and adults both eagerly participating, but talking about how much cake Mangini might be making is taboo?  ::)   


Maybe we have bigger issues than how much Mangini earns.

robwebster

Quote from: rumborak on December 28, 2011, 06:50:49 PM
For fuck's sake. Do you guys insert the Dream Theater discs sideways into your buttholes so you shit your poop DT style?!!

Man, I asked a plain question, how music business works in the case of somebody joining a band late. It seems I offended the mighty mighty gods of DTF PC-ness, I am really sorry.

rumborak
Well, sorry's just not good enough. You've scorned our pantheon. Scorned it, I say.

ALL HAIL TUMDACE, GOD OF THE SOCIALLY ACCEPTABLE COMMENT.


DTGeek

Quote from: reneranucci on December 29, 2011, 10:23:36 AMThis part is interesting, since I didn't know a job with DT could guarantee that kind of money. But they're at their peak and touring extensively, so maybe they can make 100k+ per year, most of that income coming from touring

DT are not huge stars rolling in millions, but they're nonetheless famous musicians, if they weren't making 100k+ per year they would have to be doing something horribly horribly wrong.  Each album they release sells close to a million copies world wide, they tour in front of audiences of over a hundred thousand, their Youtube videos get a million+ plays.

100k isn't even very much in most major US cities, tons of relatively ordinary people who aren't famous like DT make that much, e.g. starting salary for a police officer here in SF is 85-115k.  If I'm not mistaken JM/JP/JR all live near NYC which is even more expensive than SF.

My guess is he's paid a base salary in the 100k neighborhood + benefits due to no writing credits, but that the company will pay out bonuses if an album or tour does well that could amount to another 100k.

robwebster

Quote from: Tumdace on December 29, 2011, 08:13:19 PM
Just relax guys..
Oh no, not being intentionally rude - certainly not taking sides - I was just incredibly drunk and thought your username sounded like it could've belonged to an obscure Inca god. All there was to it.