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Thread: Unlocking The Truth score $1.7 MIL record deal

  1. #1

    Default Unlocking The Truth score $1.7 MIL record deal

    Just read on msnbc that Unlocking The Truth, those little kids that played at Coachella 2014, scored themselves a six album, $1.7 MIL record deal with Sony. Good for them. I'm so glad I got to catch them at Coachella "before they were big stars!" Can't wait for their 1st elpee.
    "Some people just need a hi-five in the face."

  2. #2
    Coachella Junkie Drinkey McDrinkerstein's Avatar
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    Default Re: Unlocking The Truth score $1.7 MIL record deal

    The way that number is being passed around is a bit disingenuous. They have signed a guaranteed 2-album deal which includes a $60,000 advance for the first record and up to $350,000 for a second. The way the math works is that in this deal it could potentially be worth up to $1.7 million if Sony ends up singing options for 6 records in the future.

    I definitely like these kids a lot and do not want to disparage them, but want to clarify that they are aren't having almost $2 million just dumped in their laps.
    last.fm
    6/15/14 Failure - Glasshouse // 7/9/14 Cloud Nothings/Metz - Roxy
    7/16/14 Planes Mistaken For Stars - Echo // 8/23-24/14 FYF Fest - Expo Park //8/25/14 Nine Inch Nails - Hollywood Bowl // 9/12-14/14 Riotfest - Humboldt Park, Chicago, IL
    9/18/14 Neutral Milk Hotel - Hollywood Bowl

  3. #3
    Member Phantasma Del Mar's Avatar
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    Default Re: Unlocking The Truth score $1.7 MIL record deal

    The deal only kicks in if their first album sells more than 250,000 units.

    http://nypost.com/2014/07/11/brookly...eo-goes-viral/

    7/1 - Deafheaven @ The Casbah
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    8/21 - NIN, Soundgarden, Death Grips @ Sleeptrain Amphitheater
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    Member Grandma's Avatar
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    Default Re: Unlocking The Truth score $1.7 MIL record deal

    They're fucking terrible

  5. #5

    Default Re: Unlocking The Truth score $1.7 MIL record deal

    Quote Originally Posted by Grandma View Post
    They're fucking terrible
    But Ohhhh so marketable.

    partridge-family.jpg
    They heard me singing and they told me to STOP.

  6. #6

    Default Re: Unlocking The Truth score $1.7 MIL record deal

    Quote Originally Posted by Grandma View Post
    They're fucking terrible
    But Ohhhh so marketable.

    partridge-family.jpg
    They heard me singing and they told me to STOP.

  7. #7
    Coachella Junkie Drinkey McDrinkerstein's Avatar
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    Default Re: Unlocking The Truth score $1.7 MIL record deal

    Quote Originally Posted by Grandma View Post
    They're fucking terrible
    Have you seen them live? I thought they were great.
    last.fm
    6/15/14 Failure - Glasshouse // 7/9/14 Cloud Nothings/Metz - Roxy
    7/16/14 Planes Mistaken For Stars - Echo // 8/23-24/14 FYF Fest - Expo Park //8/25/14 Nine Inch Nails - Hollywood Bowl // 9/12-14/14 Riotfest - Humboldt Park, Chicago, IL
    9/18/14 Neutral Milk Hotel - Hollywood Bowl

  8. #8
    old school CrimesceneCookie's Avatar
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    Default Re: Unlocking The Truth score $1.7 MIL record deal

    Unless I'm misunderstanding how this works, how are they supposed to write, record, mix and produce an album with a measly $60K?

  9. #9
    Coachella Junkie Drinkey McDrinkerstein's Avatar
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    Default Re: Unlocking The Truth score $1.7 MIL record deal

    That is a lot of money for a studio nowadays, especially if you go in with your songs written and ready to go.
    last.fm
    6/15/14 Failure - Glasshouse // 7/9/14 Cloud Nothings/Metz - Roxy
    7/16/14 Planes Mistaken For Stars - Echo // 8/23-24/14 FYF Fest - Expo Park //8/25/14 Nine Inch Nails - Hollywood Bowl // 9/12-14/14 Riotfest - Humboldt Park, Chicago, IL
    9/18/14 Neutral Milk Hotel - Hollywood Bowl

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