Chevelle ‘Haven’t Made Any Money’ From The Six Million Albums They Sold

Chevelle has revealed that although they've sold over six million albums, they haven't received any money from it. According to a new radio interview, frontman Pete Loeffler said, “Contracts are a b*tch, and we’ve signed some raw ones. And we need to start trying to make some money off of our catalogue, which is 10 albums deep, plus all the side stuff. We haven’t made any money off of record sales, album sales. It’s all gone to the major labels. A lot of people make money off of us; we just don’t make money the way the deals are structured.”

He continued, “We just aren’t excited to get back into any kind of contract. So if we find a new home at a new label, wherever it is, it’s gotta be a special deal where you get something for your hard work.”

He added, “It would be nice to do something different and actually make a buck off of an album for once; it just hasn’t happened for us. We’ve sold six million albums for Epic Records, and they’ve made $50 million. It’s lopsided.”

He went on to compare the band's situation to Dave Chapelle's recent dispute with Comedy Central, saying, “And the artist — just like Dave Chappelle said, he knows he signed a deal with for Chappelle’s Show long ago, and it’s a raw deal, It went to someone else, and they can put it on any platform they want, whether it’s Netflix or HBO or whatever, and he went to them and said, ‘Look, I know I did that, but it’s wrong — it’s still wrong. You need to compensate the artist.’ And that’s kind of where we’re ending up, too. It’s a bad business model for the artist.”