Another unpleasant aspect of this was our first brush with publishing and a “proper” publishing/record company. Virgin, Richard Branson’s label, decided to sign the bands’ publishing rights for the tracks featured on the record. Each band would get £200 advance on signing, a fortune then, and all bands would receive 10 percent of the publishing. Now, that didn’t seem like a bad deal, 10 percent each—good old Virgin—and we couldn’t sign fast enough. Afterward, though, we found out that what they meant was that all bands would receive 10 percent in total, as in 2 percent each. We got two pence
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