{"id":12268,"date":"2015-03-22T09:00:00","date_gmt":"2015-03-22T13:00:00","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=12268"},"modified":"2015-03-21T00:40:20","modified_gmt":"2015-03-21T04:40:20","slug":"the-economics-of-metallica","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2015\/the-economics-of-metallica\/","title":{"rendered":"The Economics Of Metallica"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/03\/032115_0434_TheEconomic1.jpg\" alt=\"\" width=\"640\" height=\"442\" \/><\/p>\n<p>The authors of <a href=\"https:\/\/www.amazon.com\/Into-Black-Inside-Metallica-1991-2014\/dp\/0306821885\/ref=as_sl_pc_ss_til?tag=centives-20&amp;linkCode=w01&amp;linkId=B6LOYN3GGODXI2MZ&amp;creativeASIN=0306821885\">Into the Black: The Inside Story of Metallica, 1991-2014<\/a> provided some insights about the metal band&#8217;s finances in an interview with Jamie Blaine:<\/p>\n<ul>\n<li>In the book the authors write that since the year 2010 the band has likely lost more money than it has made.<\/li>\n<li>This is in part due to the <a href=\"http:\/\/en.wikipedia.org\/wiki\/Orion_Music_%2B_More\">Orion Music + More<\/a> travelling musical festival set up by the band, which ended up being a financial disaster.<\/li>\n<li>They also worked on a movie, <a href=\"https:\/\/www.amazon.com\/Metallica-Through-Never-Blu-ray\/dp\/B00GYVPJ0A\/ref=as_sl_pc_ss_til?tag=centives-20&amp;linkCode=w01&amp;linkId=MMYJWBVUKGOX6QWI&amp;creativeASIN=B00GYVPJ0A\">Metallica &#8211; Through the Never.<\/a> The cost of making it ballooned to $32 million and it is thought to have recouped just a fraction of that.<\/li>\n<li>Keeping in mind the costs of staff, crew, and other expenses, the band has probably spent more than it has earned.<\/li>\n<li>The band likely tours Europe in the summers more out of the necessity to earn a few (million) bucks than by choice.<\/li>\n<\/ul>\n<p>Read more of the interview to get a deeper insight into the band, its history, and its future <a href=\"http:\/\/www.theweeklings.com\/j-m-blaine\/2015\/03\/09\/metallica-rock-city-a-conversation-with-into-the-black-authors-paul-brannigan-ian-winwood\/\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.theweeklings.com\/j-m-blaine\/2015\/03\/09\/metallica-rock-city-a-conversation-with-into-the-black-authors-paul-brannigan-ian-winwood\/\">The Weeklings<\/a><\/p>\n<p>Via: <a href=\"http:\/\/www.supajam.com\/news\/story\/New-figures-reveal-that-Metallicas-finances-are-in-the-red-theyre-losing-money-due-to-disastrous-decitions\">Supajam<\/a>, <a href=\"http:\/\/www.ultimate-guitar.com\/news\/general_music_news\/according_to_biographers_metallica_are_in_the_red_losing_money_due_to_disastrous_decisions.html\">Ultimate Guitar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The authors of Into the Black: The Inside Story of Metallica, 1991-2014 provided some insights about the metal band&#8217;s finances in an interview with Jamie Blaine: In the book the authors write that since the year 2010 the band has likely lost more money than it has made. This is in part due to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/03\/032115_0434_TheEconomic1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=12268"}],"version-history":[{"count":4,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12268\/revisions"}],"predecessor-version":[{"id":12272,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12268\/revisions\/12272"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/12267"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=12268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=12268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=12268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}