Chevelle Say They Haven’t Made Any Money From Selling 6 Million Albums
March 18, 2021 7:19AM EDT
LOUISVILLE, KENTUCKY – SEPTEMBER 27: Pete Loeffler of the band Chevelle performs during the 2019 Louder Than Life Music Festival at Highland Festival Grounds at Kentucky Expo Center on September 27, 2019 in Louisville, Kentucky. (Photo by Stephen J. Cohen/Getty Images)
Chevelle have sold more than 6 million albums in their career – and barely have a dime to show for it.
The veteran rock band lashed out at record labels in a recent interview, declaring “We haven’t made any money off of record sales, album sales. It’s all gone to major labels.”
Singer Pete Loeffler said “We’ve sold six million albums for Epic Records, and they’ve made 50 million dollars. It’s lopsided”.
Why do bands end up getting hosed by their own record deals? How can bands make money in the streaming era?
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