In a recent revelation that sheds light on the darker side of the music industry, Staind guitarist Mike Mushok claimed he has never received a single royalty payment for the millions of albums the band sold over the years. Speaking during an interview with The KiddChris Show on Cincinnati’s WEBN radio station, Mushok expressed frustration over a financial arrangement that, despite Staind’s commercial success, has left the band still owing money to their former record label.
Mushok compared his situation to that of Chevelle frontman Pete Loeffler, who disclosed in 2021 that his band never profited from their record sales. Mushok echoed a similar experience, stating that although Staind has achieved multi-platinum status, he personally has not seen any royalty income from album sales. He explained that while the band received substantial advances from their record label, the debt from those advances still hasn’t been repaid in full.
According to Mushok, Staind’s last album with Atlantic Records was released in 2011, yet the band continues to carry financial obligations tied to their past contracts. He speculated that it might take another three years before the debt is fully paid and royalties could begin to flow. The guitarist acknowledged the advances were significant, which he admits is the main reason they are still in arrears. Yet the situation remains frustrating, especially given the long span of time since their last label-backed release.
Mushok also touched on the issue of master recordings and the legal complexities around them. He mentioned that under existing U.S. copyright law, the masters are supposed to revert to the artist after 35 years. However, he noted that labels often fight this provision by offering buyouts to retain ownership, creating further legal and financial obstacles for artists trying to reclaim their rights. He recounted a conversation with his attorney, who warned that no label willingly gives up masters without a legal battle.
Mushok’s remarks underscore ongoing concerns within the music industry about artist compensation, intellectual property rights, and the enduring financial burdens that can come with traditional record deals, even for bands with major commercial success.
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