News:

DreamTheaterForums is a place for people who just don't have the time for music anymore. 

Main Menu

How Much Is DT Worth?

Started by adamack, September 10, 2013, 10:17:56 PM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

jonnybaxy

Is that including lighting, arena booking, sound, transport and all the rest of it?

JohnnyLayne

I remember reading somewhere at the JP forum that he doesn't get paid for his endorsement with Ernie Ball/Music Man, and all of his Mesa Boogies are purchased by him, but with an endorsement kind of discount given to him. I don't know about all the other companies(TC Electronic, Fractal, etc..).

And If memory serves well, MP and/or JP once talked about how all the tour and studio expenses were on DT's profits.

CodyWanKenobi

There is no way EBMM is using JP's name without paying him.
My latest concept album "IV: Timber" IS OUT NOW!
linktree = STARCOMMANDStudios

bosk1

Quote from: Marion Crane on September 17, 2013, 03:23:44 PM
Not sure about their worth, but I'd venture a guess they're getting somewhere in the neighborhood of $30k per show guarantee here in the US

As I recall from some research I did awhile back that that is about consistent with the typical venue size they play.

Kotowboy

Quote from: JiM-Xtreme on September 11, 2013, 03:14:03 AM
Quote from: gentaishinigami on September 11, 2013, 01:39:01 AM
It has MP at 8 million! @_@

Sounds about right - he had a number one album with A7X after all!

But he was the drummer playing someone else's drum parts. Drummers get absolutely fuck all royalties for an album if they didn't write the music. And he wasn't touring with them for very long. I doubt his tenure in AX7 was very lucrative at all.

Madman Shepherd

Dream Theater is probably worth hundreds if not thousands of dollars. 

rickhawk80

Kotowboy hit the nail on the head.  MP was a hired hand for the A7X gig -- which means a few hundred thousand total for the tour and studio time.

:corn The net worth website is fascinating.  This is how the website says the numbers are calculated:

All of our figures and articles are thoroughly researched, scrutinized and fact checked by our team of writers and financial analysts. The figures are acquired from all publicly available information including salaries, real estate holdings, divorces, record sales, royalties and endorsements. The estimated net worths come from a formula that takes out taxes, manager's fees, agents' fees, and lifestyle.

How ever they are calculated, some of the figures are interesting........

For example, Phil Anselmo and Portnoy both are rated at $8 Million each which combined is roughly equivalent to Bruce Kulick, the longest serving non-makeup years KISS guitarist, who is at $15 million.  KISS original Ace Frehley is also $15 million, as is Iron Maiden's Dave Murray.  And Paul Stanley is $125 million but Greedy Gene Simmons is $300 million -- which is equal to Sting.  The perennially broke KISS alumni -- Peter Criss -- is worth $2 million. 

This one surprises me for Maiden -- Steve Harris is $60 million but Bruce is $115 million.  I would've expected them to be closer or for Steve to be higher given his songwriting credits.

Dave Mustaine is $20 million and Jason Newsted is double that at $40 million (Kid Rock is also $40 million).  Hetfield and Ulrich are both at $175 million a piece, which makes sense because they're virtually equal on songwriting credits.

The Rush numbers are interesting -- Neil is $22 million while Geddy and Alex are both $28 million each ... ???  How is that possible when Neil writes all the lyrics??


I could go on and on .... ;)

genome

Quote from: JohnnyLayne on September 19, 2013, 06:09:36 PM
I remember reading somewhere at the JP forum that he doesn't get paid for his endorsement with Ernie Ball/Music Man, and all of his Mesa Boogies are purchased by him, but with an endorsement kind of discount given to him. I don't know about all the other companies(TC Electronic, Fractal, etc..).

And If memory serves well, MP and/or JP once talked about how all the tour and studio expenses were on DT's profits.

Endorsements almost never mean free stuff unless you are a smaller company trying to attract a high-profile client... and even then Fractal never endorse anyone. I would expect they get discount only.

Anguyen92

Quote from: rickhawk80 on January 17, 2014, 05:44:24 PM
This one surprises me for Maiden -- Steve Harris is $60 million but Bruce is $115 million.  I would've expected them to be closer or for Steve to be higher given his songwriting credits.

I'm sure being a pilot, at one point a fencer, broadcaster, author, probably making good investments, amongst other things would widen that gap.

puppyonacid

Quote from: TheLordOfTheStrings on January 17, 2014, 05:07:09 PM
There is no way EBMM is using JP's name without paying him.

Except that they are. EBMM don't even have their endorsees sign a contract. It's all handshakes and gentleman's agreements.

Sterling Ball posts over at the EBMM forum and though he can be a bit abrasive at times, he sounds like a stand up honest guy. If I was an artist he'd be the guy I'd want to work with.

sneakyblueberry

Quote from: Mebert78 on September 17, 2013, 12:59:41 PM
Quote from: krieger on September 11, 2013, 08:49:55 AM
Quote from: Setlist Scotty on September 11, 2013, 03:56:00 AM
One million dollarssssssss. MWHAHAHAHAHAHAHAHAA!!!

:rollin

I wonder how KM lives. Royalties? A full-time job? I wonder...  :justjen

I've wondered this too.  How much royalities come in from WDADU, I&A, and Awake?  With DT retaining popularity, and possibly becoming more popular as the years go on, the back catalogue will continute to sell more and more.  But I have no idea how much a royalty is.

I would guess he would also be getting royalties on any live release where there is a song where he has a songwriting credit.  Unless he was released from that legally somewhere along the way, which would not have been achieved without a massive payout considering, I would guess, he probably has a song on every live DT album? I'm not 100% on that. 

haceeb

I think these super humans in Dream Theater are priceless........ :biggrin:

puppyonacid

Quote from: genome on January 18, 2014, 12:24:50 PM
Quote from: JohnnyLayne on September 19, 2013, 06:09:36 PM
I remember reading somewhere at the JP forum that he doesn't get paid for his endorsement with Ernie Ball/Music Man, and all of his Mesa Boogies are purchased by him, but with an endorsement kind of discount given to him. I don't know about all the other companies(TC Electronic, Fractal, etc..).

And If memory serves well, MP and/or JP once talked about how all the tour and studio expenses were on DT's profits.

Endorsements almost never mean free stuff unless you are a smaller company trying to attract a high-profile client... and even then Fractal never endorse anyone. I would expect they get discount only.

Over at EBMM they do have different tiers. I'm pretty sure (I used to be quite active there) that their top artists don't pay for guitars. They get them free pretty much as when they want. I don't think they get a cut of the sales though.

Remember they used to have EVH. Given his ermmm.......demands I don't see any company making him pay for gear that he's putting his name to. I'm almost 100% that JP doesn't pay for his EBMM models.

KevShmev

Quote from: rickhawk80 on January 17, 2014, 05:44:24 PM


The Rush numbers are interesting -- Neil is $22 million while Geddy and Alex are both $28 million each ... ???  How is that possible when Neil writes all the lyrics??



The three members of Rush make the exact same amount when it comes to anything Rush-related.  They are on the record as splitting everything evenly three ways no matter what, as they never wanted money to be an issue, so they decided that early on.  If those numbers are true, maybe Geddy and Alex have more endorsements or more expensive ones or something like that.  Even though both did solo albums 14-18 years ago, I can't imagine either made enough money off of them to give them a 6 million dollar difference over Neil.  Or maybe, just maybe, those numbers are total bull shit. :lol :lol

CodyWanKenobi

Quote from: puppyonacid on January 20, 2014, 01:26:19 AM
Quote from: TheLordOfTheStrings on January 17, 2014, 05:07:09 PM
There is no way EBMM is using JP's name without paying him.

Except that they are. EBMM don't even have their endorsees sign a contract. It's all handshakes and gentleman's agreements.

Sterling Ball posts over at the EBMM forum and though he can be a bit abrasive at times, he sounds like a stand up honest guy. If I was an artist he'd be the guy I'd want to work with.
If you were an artist you would want a company to use your name to sell their products without them paying you?
My latest concept album "IV: Timber" IS OUT NOW!
linktree = STARCOMMANDStudios

puppyonacid

Whilst painstakingly tailor making an instrument to my specifications, giving me as many as I needed for free and not minding if I go back every year/18months or so and asking for upgrades/modifications. Yea I'd be ok with that.

They may pay JP these days as I know the JP is the best selling EBMM model. I just know that Sterling said they generally don't work that way.

CodyWanKenobi

I know that some companies endorse players and artists who don't necessarily have a signature model, I'm just talking about the fact that they literally put JP's name on his sig model guitar. I'm 99% positive that they pay him because of that - because his name is on the guitar. Otherwise, if he only played EBMM guitars and was in the magazine ads and stuff but DIDN'T have a signature model, he obviously wouldn't get any kind of royalty check from them, (although they would probably pay him a few bucks for using him in a magazine ad).
My latest concept album "IV: Timber" IS OUT NOW!
linktree = STARCOMMANDStudios

Blazinarps

Quote from: Anguyen92 on January 18, 2014, 12:35:44 PM
Quote from: rickhawk80 on January 17, 2014, 05:44:24 PM
This one surprises me for Maiden -- Steve Harris is $60 million but Bruce is $115 million.  I would've expected them to be closer or for Steve to be higher given his songwriting credits.

I'm sure being a pilot, at one point a fencer, broadcaster, author, probably making good investments, amongst other things would widen that gap.
This doesn't make sense...

Think about someone who only piloted, fenced, broadcasted, and maybe made good investments would earn.

$55MM? No...

Marion Crane

Quote from: TheLordOfTheStrings on January 20, 2014, 01:59:08 PM
Quote from: puppyonacid on January 20, 2014, 01:26:19 AM
Quote from: TheLordOfTheStrings on January 17, 2014, 05:07:09 PM
There is no way EBMM is using JP's name without paying him.

Except that they are. EBMM don't even have their endorsees sign a contract. It's all handshakes and gentleman's agreements.

Sterling Ball posts over at the EBMM forum and though he can be a bit abrasive at times, he sounds like a stand up honest guy. If I was an artist he'd be the guy I'd want to work with.
If you were an artist you would want a company to use your name to sell their products without them paying you?

JP does not technically get paid by EBMM.  He does have a signed artist contract with them.  He does get a % of his gear sold, as he also does with Dunlop, TC Electronic, etc....He does get paid by EBMM for clinics however.  Typically when a store hosts a clinic, the store has to puchase a certain amount of gear from said manufacture and EBMM will cover JP's artist fee.

CodyWanKenobi

Quote from: Marion Crane on January 21, 2014, 10:23:24 AM
Quote from: TheLordOfTheStrings on January 20, 2014, 01:59:08 PM
Quote from: puppyonacid on January 20, 2014, 01:26:19 AM
Quote from: TheLordOfTheStrings on January 17, 2014, 05:07:09 PM
There is no way EBMM is using JP's name without paying him.

Except that they are. EBMM don't even have their endorsees sign a contract. It's all handshakes and gentleman's agreements.

Sterling Ball posts over at the EBMM forum and though he can be a bit abrasive at times, he sounds like a stand up honest guy. If I was an artist he'd be the guy I'd want to work with.
If you were an artist you would want a company to use your name to sell their products without them paying you?

JP does not technically get paid by EBMM.  He does have a signed artist contract with them.  He does get a % of his gear sold, as he also does with Dunlop, TC Electronic, etc....He does get paid by EBMM for clinics however.  Typically when a store hosts a clinic, the store has to puchase a certain amount of gear from said manufacture and EBMM will cover JP's artist fee.
Yes but the check for the % of his gear sold comes from EBMM. That's what I'm talking about. It's not as if he's an employee of EBMM or anything like that, but he does make royalties off the gear that has his name on it. That's what I'm saying.
My latest concept album "IV: Timber" IS OUT NOW!
linktree = STARCOMMANDStudios

Marion Crane

Quote from: TheLordOfTheStrings on January 21, 2014, 10:40:10 AM
Quote from: Marion Crane on January 21, 2014, 10:23:24 AM
Quote from: TheLordOfTheStrings on January 20, 2014, 01:59:08 PM
Quote from: puppyonacid on January 20, 2014, 01:26:19 AM
Quote from: TheLordOfTheStrings on January 17, 2014, 05:07:09 PM
There is no way EBMM is using JP's name without paying him.

Except that they are. EBMM don't even have their endorsees sign a contract. It's all handshakes and gentleman's agreements.

Sterling Ball posts over at the EBMM forum and though he can be a bit abrasive at times, he sounds like a stand up honest guy. If I was an artist he'd be the guy I'd want to work with.
If you were an artist you would want a company to use your name to sell their products without them paying you?

JP does not technically get paid by EBMM.  He does have a signed artist contract with them.  He does get a % of his gear sold, as he also does with Dunlop, TC Electronic, etc....He does get paid by EBMM for clinics however.  Typically when a store hosts a clinic, the store has to puchase a certain amount of gear from said manufacture and EBMM will cover JP's artist fee.
Yes but the check for the % of his gear sold comes from EBMM. That's what I'm talking about. It's not as if he's an employee of EBMM or anything like that, but he does make royalties off the gear that has his name on it. That's what I'm saying.

Yeah that's correct.