Link of that ex-record label executive explaining how signed musicians end up with $0

[Stanley Design]

Can anyone help me find it? It tells how they get a middle man who's hip to meet you and try and get you to sign a paper saying basically you agree to reach an agreement in the future. Then you can't sign to any other label. Long story short, at the end of the year each member makes an average of ~$8,000 after a platinum record and full tour?

[hbarcat]

Maybe this isn't the one you're thinking of but Steve Albini wrote something on this subject. I'll see if I can find it.


Edit: Here it is.
Edit 2: Removed link because the article isn't family friendly (lots of vulgarity)

Do a search for

The Problem With Music
by Steve Albini

[MakiSupaStar]

FWIW, there are also some great lectures Steve Albini did on production and other stuff related to management and contracts on YouTube too.

[Holy War]

what a fantastic article