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RE: LeoThread 2025-01-09 07:55

in LeoFinance18 hours ago

Part 4/10:

The band's triumph was shadowed by a contractual agreement signed in 1968 with Fantasy Records. To the uninitiated, this deal seemed standard, but in reality, it included grave disparities. Fantasy not only acquired ownership of the master recordings but also the publishing rights to CCR's music, much to Fogerty's dismay. This meant that while the label raked in the profits, the band walked away with a meager fractional share of the royalties, earning roughly half the industry standard.