Multi Millionaire

Fire Ball · 11 Jun 2020, 00:14

Someone wrote and said that the line "Meat's a Multi Millionaire" had been written on this site.
Oh yeah right! We would be if the record Co had paid on the reported, on the low side of 32 million sold and money owed us from CBS/SONY . I didn't get a statement from 1983 till 1996.
I received one royalty check of $280,000 dollars in 1978 for and album that has sold world wide, on the web 43 to 50 million copies. People who worked at Epic at the time has said to me it was 60 million easy.That's not counting 5 million of bootlegs sold and produced by just one a NY store Sam Goodys. What about world wide bootlegs.
So when you go on the web and see my net worth 25 million. I laugh and cry.
Did I save money yes. Did I put in my IRA yes, did I watch how I was spending, you bet. I made more money on buying deals on houses and fixing them up, then selling than I ever came close to getting paid on record royalties. Did I declare bankruptcy in 1983 yes, because of wine, women,drugs and song, NO, I got sued for 100 million dollars. I could not fight the law suit. SO, I lost my house, car, everything. because of someones greed and people who worked for John Gotti, don't know the name look him up. BOTTOM LINE I am not a Multi Millionaire.
Love Ya,
Meat

Guy · 11 Jun 2020, 09:00

Nice to hear from you Meat. We have much in common.
Wine, and not being a multi millionaire 😄
Have a great day.

nightinr · 11 Jun 2020, 12:49

Good to hear from Meat again on here...

How is the back Meat? Any plans to tour next year?

All the best

proctorloaf · 11 Jun 2020, 14:45

Welcome back Meat! You might not be a multimillionaire in cash terms but you are in hearts. You've touched many millions of hearts! Thank you for everything!

CarylB · 11 Jun 2020, 17:04

Good to see you still have fire in your belly Meat

loaferman61 · 11 Jun 2020, 20:44

Having read accounts of how the music industry worked it is no surprise that while people assume Meat got paid for the "Bat" album he must have been paid accordingly and honestly. Sadly big business does not work that way. Having been a new act and having had issues finding a record company made it easy to skim money and false count, especially back then.

I totally believe that Bat sold no less than 50 million but as Meat said how many were copies, especially from those send a penny and get a box of records clubs. Factor those in and it could even be higher. I believe overall it is the best selling album of all time. Meat put himself through all that touring to sell records for other people to pocket off the sale.

I can't speculate how much money everyone has. I am sure that Meat is not destitute for certain and has investments. But I think people think if he sold 40 million records and probably 100 million in his career he must have made at least that many dollars. Of course it is not true. Take "Hotel California' for example the Eagles were an established band and big sellers already so they probably got paid at least. I know Henley never missed out on a dime. Meat was not in that position. I'd speculate that Todd Rundgren made the most money legally speaking off "Bat" outside the record company at least.

mdhrln · 11 Jun 2020, 23:02

If Meats not a millinaire what happened..after bat 2 all the tours and movies......million dollar homes...doesnt sound right

loaferman61 · 12 Jun 2020, 15:38

Quote:

Originally Posted by mdhrln

If Meats not a millinaire what happened..after bat 2 all the tours and movies......million dollar homes...doesnt sound right

Depending on the definition of what "multi" is to you. He pointed out what they claim he has online and said that was not true. Those net worth sites are BS. Yeah he probably has some from Bat 2, touring and investing and a settlement over "Bat" but he's not saying he's broke. Just not made the money people think he has, mainly being cheated on what one of the best sellers of all time made vs. what he got.

anotherday · 12 Jun 2020, 19:47

<3 <3 Meat <3 <3

You go get em!

11 Jun 2020, 00:14	#1
Fire Ball Himself Join Date: 05.02.2003 Location: Los Angeles, CA Posts: 1,044	Multi Millionaire Someone wrote and said that the line "Meat's a Multi Millionaire" had been written on this site. Oh yeah right! We would be if the record Co had paid on the reported, on the low side of 32 million sold and money owed us from CBS/SONY . I didn't get a statement from 1983 till 1996. I received one royalty check of $280,000 dollars in 1978 for and album that has sold world wide, on the web 43 to 50 million copies. People who worked at Epic at the time has said to me it was 60 million easy.That's not counting 5 million of bootlegs sold and produced by just one a NY store Sam Goodys. What about world wide bootlegs. So when you go on the web and see my net worth 25 million. I laugh and cry. Did I save money yes. Did I put in my IRA yes, did I watch how I was spending, you bet. I made more money on buying deals on houses and fixing them up, then selling than I ever came close to getting paid on record royalties. Did I declare bankruptcy in 1983 yes, because of wine, women,drugs and song, NO, I got sued for 100 million dollars. I could not fight the law suit. SO, I lost my house, car, everything. because of someones greed and people who worked for John Gotti, don't know the name look him up. BOTTOM LINE I am not a Multi Millionaire. Love Ya, Meat Last edited by Fire Ball; 11 Jun 2020 at 00:20.

11 Jun 2020, 23:02	#7
mdhrln Rookie Join Date: 17.10.2015 Posts: 5	millionaire If Meats not a millinaire what happened..after bat 2 all the tours and movies......million dollar homes...doesnt sound right

11 Jun 2020, 09:00	#2
Guy Super Loafer Join Date: 14.04.2002 Location: A small village in west sussex Posts: 865	Nice to hear from you Meat. We have much in common. Wine, and not being a multi millionaire 😄 Have a great day.

11 Jun 2020, 12:49	#3
nightinr Super Loafer Join Date: 04.09.2011 Posts: 359	Good to hear from Meat again on here... How is the back Meat? Any plans to tour next year? All the best

11 Jun 2020, 14:45	#4
proctorloaf Super Loafer Join Date: 28.02.2010 Location: Liverpool, UK Posts: 353	Welcome back Meat! You might not be a multimillionaire in cash terms but you are in hearts. You've touched many millions of hearts! Thank you for everything!

11 Jun 2020, 17:04	#5
CarylB Mega Loafer Join Date: 16.04.2003 Location: Sheffield UK Posts: 5,910	Good to see you still have fire in your belly Meat

11 Jun 2020, 20:44	#6
loaferman61 Mega Loafer Join Date: 27.03.2003 Location: In the dark Posts: 1,557	Having read accounts of how the music industry worked it is no surprise that while people assume Meat got paid for the "Bat" album he must have been paid accordingly and honestly. Sadly big business does not work that way. Having been a new act and having had issues finding a record company made it easy to skim money and false count, especially back then. I totally believe that Bat sold no less than 50 million but as Meat said how many were copies, especially from those send a penny and get a box of records clubs. Factor those in and it could even be higher. I believe overall it is the best selling album of all time. Meat put himself through all that touring to sell records for other people to pocket off the sale. I can't speculate how much money everyone has. I am sure that Meat is not destitute for certain and has investments. But I think people think if he sold 40 million records and probably 100 million in his career he must have made at least that many dollars. Of course it is not true. Take "Hotel California' for example the Eagles were an established band and big sellers already so they probably got paid at least. I know Henley never missed out on a dime. Meat was not in that position. I'd speculate that Todd Rundgren made the most money legally speaking off "Bat" outside the record company at least.

12 Jun 2020, 19:47	#9
anotherday Super Loafer Join Date: 12.10.2012 Posts: 802	<3 <3 Meat <3 <3 You go get em!