It looks like you're new here. If you want to get involved, click one of these buttons!
Subscribe to our Patreon, and get image uploads with no ads on the site!
Base theme by DesignModo & ported to Powered by Vanilla by Chris Ireland, modified by the "theFB" team.
Comments
If it's a band, you either decide amicably among yourselves what happens or the band is a legal entity that owns the equipment and you go by agreed contract or the law.
Bandcamp
Spotify, Apple et al
Just have a conversation and make an agreement - someone leaves then they leave the gear or they band pay them back their share (perhaps adjusted for current market value).
I try to avoid shared ownership or keep it between a couple of core members and avoid the hassle that comes later on - gear is so much cheaper these days that it's less of an issue than it used to be.
If the band is making sufficient income to run as a company then the answer is different.
Things like PA I'm quite wary of joint purchases. With bands sometimes people leave in less than amicable circumstances and someone gets out of pocket and nose out of joint. If one person makes the purchase and keeps it with an agreement to be paid back or hire it back to the band I'd be okay with that. In one of my old bands our sax player owned the PA and it lived in his garage with his Alsatians, so first job each gig was pulling long dog hairs off the cabs.
The rule is if you leave or are sacked you leave with nothing ........ seems to work
On the rare occasion a band folds completely then sell the gear and split the cash.In my experience this very rarely happens.
Gave it to him. (hey ho).
He hasn't worked again.
As it turned out, I've since done a couple of deps for them, which was probably worth more that I would have come away with anyway.
We all store bits of it at our houses. The bassist keeps the core of the system as he uses it for the odd DJ gig. If anyone leaves or is fired we'd give them their share of the PA's value from the band cash fund. If we split we'd sell the lot and split the proceeds 4 ways. We're all pretty good mates and this arrangement works for us.
If I was in a 'strictly professional' act then I'd get something official written up.
We keep the band fund around £500 to cover anything we might need or to replace anything that breaks down/blows up/goes walkies and split earnings equally.