This is Billy Corgan's best interview of all time

[Liandrin]

Originally Posted by runnersdialzero

i don't understand the idea of "75% is mechanical", can someone explain?

Also, whatever became of the Uli video; i was out of the country for awhile so I am not caught up.

Mechanicals are a just type of royalty. Whoever owns the publishing (usually split between the songwriter and the publishing company) gets paid mechanical royalties, which are separate from artist royalties. Back in the old days (and sometimes today) songwriters would get duped into "selling their publishing" for a small advance and regret it bitterly for the rest of their lives.

Record companies decided that they would only pay 90 percent of royalties due to "breakage," a concept which dates form days when records were made of shellac and frequently broke. A 10 percent breakage deduction is still included in record contracts today, even though actual "breakage" is pretty rare these days.

[pinballzero]

Solid interview

[Pop Tart]

Originally Posted by pinballzero

Solid interview

Yeah. I only just got round to watching this I thought it was really interesting because I love the Sex Pistols and I'm always amused to hear the stories about how people were so outraged by them (at the time) that they were throwing their TV sets out the window and stuff. It was interesting to hear what Billy had to say about that period.