Receive Royalties facts
While investigating facts about Receive Royalties From Amazon and Receive Royalties Songs, I found out little known, but curios details like:
Alec Guinness agreed to be in Star Wars (Obi-Wan Kenobi) only after his initial salary was doubled, and that he would receive 2.25% of all gross royalties paid to George Lucas, and never have to make a publicity appearance.
how long do actors receive royalties?
Despite the widespread success of his song "The Lion Sleeps Tonight," Solomon Linda never received a cent of its royalties and died poor in 1962. He didn't even get a gravestone until 18 years after his death.
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Ulysses S. Grant was broke and dying of throat cancer, when Mark Twain offered an unheard of 75% of royalties to his widow for him to write his memoirs. Julia Grant received $450,000 dollars from royalties.
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The Friends cast each receive $20m royalties per year and NBC receives $1bn in revenue
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Microsoft Solitaire was developed by a summer intern named Wes Cherry. He received no royalties for his work despite it being among the most used Windows applications of all time.
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Ulysses S. Grant's autobiography was sold by 10,000 agents, many of whom were former Union soldiers who canvassed the northern states while wearing their old uniforms. It was a method devised by Mark Twain, the publisher. It made a fortune for Grant's widow, who received a 75% royalty.
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Nas listed his daughter as an executive producer on his album Stillmatic so that she could always receive royalty checks from the album's sales.
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Alec Guiness was one of the few cast members who believed that Star Wars would be a box office hit; he negotiated a deal for 2.25% of the gross royalties paid to the director, George Lucas, who received one fifth of the box office takings. This made him very wealthy in his later life
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The creator of the Operation board game never received royalties for the game and was not able to afford his own surgery until friends and fans raised money for him online.
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Nas listed his daughter Destiny as an executive producer on Stillmatic, so that she would always receive royalty checks from the album.
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It took 12 years before Alexy Pajitnov, creator of Tetris in 1984, received any royalties because the rights to the game were the property of his Soviet government.
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When the mummy of Pharaoh Ramesses II needed to be moved to Paris for restoration, it was issued an Egyptian passport that listed his occupation as "King (deceased)". The mummy was received with the full military honours usually accorded to royalty.
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Alec Guiness was one of the few cast members who believed that Star Wars would be a box office hit; he negotiated a deal for 2.25% of the gross royalties paid to the director, George Lucas, who received one fifth of the box office takings. This made him very wealthy in his later life
F. Scott Fitzgerald only received $13 in royalties from 'The Great Gatsby' during his lifetime. - source
The author of "Goodnight Moon" left all of the book's royalties to her 9-year old neighbor, Albert Clarke, in 1952. Since then, Clarke has been arrested dozens of times, had 2 kids with a homeless woman he met on 6th Avenue in NYC, and has squandered most of the millions he has received. - source
Nas listed his daughter as an executive producer on his album Stillmatic so that she could always receive royalty checks from the album's sales.
For the film "Deliverance", Warner Bros. took the song "Feudin' Banjos" and renamed it "Dueling Banjos", to avoid giving the original composer credit. He sued and received "substantial royalties". - source
When do authors receive royalties?
Alan Price receives all royalties for The Animals' "The House of the Rising Sun" as there wasn't room for all 5 band members' names on the record label ("Alan" was first alphabetically). When Chas Chandler proposed that they all split the royalties equally, Price told him to go fuck himself.
How to receive royalties?
Ginger Baker, Drummer of 60s band Cream, does not receive royalties, despite creating the band and contributing to many of their songs.
John Garand, inventor of the M1 Garand, never received royalties for his designs because he transferred all his inventions rights to the U.S.A. A bill was introduced in Congress to award him $100,000 in appreciation, but it never passed.
The "Amen Break" from 1963's "Amen, Brother" by The Winstons is the most sampled music track at 2,239 times. Neither the drummer, nor the copyright owner have ever received royalty fees.
For A Tribe Called Quest's breakthrough hit "Can I Kick It?", Lou Reed granted them permission to sample the bass line from his song "Walk On The Wild Side" only on the condition that he would receive all profits and royalties from the song.
In 1989 Flea from The Red Hot Chili Peppers wrote and played the bass line for Young MC's "Bust a Move" and he never received a songwriting credit or any royalties from it. He was paid $200 for his studio time and the song went on to become a #1 hit and sell millions of records.