Staind’s Mike Mushok: “I’ve Never Once Received A Royalty From The Record Company”

During a recent appearance on the “The KiddChris Show,” Staind’s Mike Mushok discussed the lack of royalties he has made from the band’s music. According to him, he has “never once received a royalty from the record company.”

Mushok said the following when asked about previous comments from Chevelle’s Pete Loeffler, who said his band never made money from record sales:

“Listen, I’ve sold I don’t know how many millions of records, and I’ve never once received a royalty from the record company after — whatever — 20, whatever, 25 years. We still owe them money. We haven’t been on the label since — I don’t know — 2011 was the last record we put out on Atlantic, and we still owe them money.

And listen, I’m not gonna lie — they gave us large advances, and that’s why [we still owe them money]. But seriously, they have to be paid off. But anyways, I think it’s estimated, I think we’re saying, like, another three years it’ll be paid off and I’ll actually start making royalties on our records.”

He continued when asked if the band will be able to get the rights back to their masters at some point:

“Yeah. So supposedly after 35 years, the masters are supposed to revert back to you. But I was talking to our attorney about that, and he said that no label ever lets you do that. They try to buy you out and give you money so they can continue to own the masters — unless you fight them.”

[via Blabbermouth]