Most recording artists never make any money from their record deals and some labels fail to make any money from a few of their acts.

Question

Quizplus · Accepted Answer

This is true. Although some recording artists become incredibly successful and wealthy, many do not make significant money from their record deals, and some even end up owing the label money. Additionally, some labels may invest in certain acts that do not end up generating much revenue, leading to a loss for the label.

Most Recording Artists Never Make Any Money from Their Record