Korn’s success is validating—some in the group might say attributed to—a new approach to doing business for bands. Korn signed with EMI/Virgin in 2005, and its forthcoming set is the second and final album of the two-album deal that landed the metal stalwart $25 million upfront from the major. . . In what amounted to a revenue-sharing deal, EMI acquired a 30% stake in Korn’s overall business through 2010. Additionally, concert promoter Live Nation invested a reported $3 million for 6% of Korn’s box office, licensing, publishing, merchandising and CD sales.
Thanks to www.Billoard.biz
