The Truth About the Music Industry’s Money Game⏐Ep. #235

24 Dec 2025 · 71 min
Episode

24 Dec 2025 · 71 min

0:00

Podcast episode (Chris Koerner host; guest Ace Enders of The Early November) exploring the music industry’s business side. Topics include early-2000s record deals and handshakes, a lawsuit over a lyric (Get Up Kids), who owns masters (Drive Thru Records for The Early November), how advances and recoupment work (advances used to pay recording/expenses, long multi-album options), streaming-era economics (very small per-stream payouts and playlist-driven exposure), touring and merch unit economics (guarantees, crew costs, venue merch splits), marketing/virality changes (TikTok-era song structure and short-form strategies), artist mental health and entrepreneurship, and practical side businesses musicians run (e.g., parking-lot maintenance). Episode includes a sponsor ad for Beehive and closing promotion for Ace Enders’ Halloween album release.

Questions this episode answers

Recorded October 17, 2025 (episode metadata).

Approximately $11,000 to make an EP (covers recording/living costs).

He described a contract of six albums with about nine options (i.e., effectively his entire career).

Contracted for about $75,000 but the label ended up paying about $150,000 for that album's production.

They state each stream pays roughly $0.007 (seven-thousandths of a dollar) per stream.

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