Bands Wages And Salaries

Aerosmith to Sign Monster Sony Pact : Pop music: The deal would make the band rock's highest paid group but the band still owes Geffen two albums. Returns on Sony's investment wouldn't be realized until 1995.

August 14, 1991 | PATRICK GOLDSTEIN, SPECIAL TO THE TIMES

Sony Music is rolling the dice again. Just months after the record industry conglomerate signed Michael Jackson to a landmark $65 million-plus contract, Sony is concluding negotiations on a four-album deal with Aerosmith that could make the veteran band the industry's most highly paid rock group.

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Aerosmith to Sign Monster Sony Pact : Pop music: The deal would make the band rock's highest paid group but the band still owes Geffen two albums. Returns on Sony's investment wouldn't be realized until 1995.

August 14, 1991 | PATRICK GOLDSTEIN, SPECIAL TO THE TIMES

Sony Music is rolling the dice again. Just months after the record industry conglomerate signed Michael Jackson to a landmark $65 million-plus contract, Sony is concluding negotiations on a four-album deal with Aerosmith that could make the veteran band the industry's most highly paid rock group.

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