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Are Ocean Colour Scene bankrupt??

  • 18-07-2013 3:35pm
    #1
    Ronan6700
    Registered Users, Registered Users 2 Posts: 26 ✭


    I heard before that the band went bankrupt and that why they need to keep touring. Has anyone else heard this or am I imagining things??


Comments

  • #2
    Ash.J.Williams
    Registered Users, Registered Users 2 Posts: 21,434 ✭✭✭✭Ash.J.Williams


    Ronan6700 wrote: »
    I heard before that the band went bankrupt and that why they need to keep touring. Has anyone else heard this or am I imagining things??
    it's not a hard thing to imagine...
    Average industrial wage = 35k approx
    i'm not a fan so i'll say there are 4 members ...they would need 140k a year to live an average life...
    Record sales = (probably minus figures cash wise)

    Their hayday was a good few years ago, so any cash reserves from then would probably be gone now or invested in property..


  • #3
    Ash.J.Williams
    Registered Users, Registered Users 2 Posts: 21,434 ✭✭✭✭Ash.J.Williams


    http://www.techdirt.com/articles/20100712/23482610186.shtml


  • #4
    mosstin
    Registered Users, Registered Users 2 Posts: 6,244 ✭✭✭mosstin


    Ronan6700 wrote: »
    I heard before that the band went bankrupt and that why they need to keep touring. Has anyone else heard this or am I imagining things??

    Oh right, I thought you might have meant creatively bankrupt to which the answer would have been a resounding 'YES'.


  • #5
    seachto7
    Closed Accounts Posts: 7,863 ✭✭✭seachto7


    Best case scenario they made enough to buy houses outright. No mortgage wouldn't be a bad thing...


  • #6
    iomega
    Registered Users, Registered Users 2 Posts: 277 ✭✭iomega


    Steve Craddock even had to get a part time job......playing with Paul Weller


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  • #7
    mgkelly
    Registered Users, Registered Users 2 Posts: 738 ✭✭✭mgkelly


    Ash.J.Williams wrote: »
    http://www.techdirt.com/articles/20100712/23482610186.shtml
    Wow, interesting indeed. Lot of fat cats out there in the industry!


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