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  1. #1
    Atomic Punk
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    12.11.17 @ 04:37 PM
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    Default founding member clause ???

    Fact or Fiction?

    """Here is an example.Every time Eddie takes Van Halen out .Dave gets 25% of the all profits before payouts from every show.Its called a founding member clause.Also going on right now.Sabbath.Called HEAVEN & HELL the reason.It cuts Ozzy out of any income from the shows.Because they are not touring as Black Sabbath.Cuts him out and they can play all the old Sabbath songs."""
    "Watch what people are cynical about, and one can often discover what they lack.” -- Gen. George S. Patton

  2. #2
    Eruption
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    12.12.17 @ 08:13 AM
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    Default

    Fiction.
    www.facebook.com/revery
    If you like cool, rock music, check out REVERY. We've put out two albums, and an EP. We were signed back in '06 and toured the US (our single Popstar Wedding was all over the radio back then). Our latest album, Adora De Phonic is available on Itunes, Amazon, etc.

  3. #3
    Atomic Punk Bob_R's Avatar
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    12.13.11 @ 02:09 PM
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    Default

    Fiction.

  4. #4
    Romeo Delight
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    Favorite VH Album

    VH I VH II WACF FW DD 1984
    Favorite VH Song

    All Van Roth Songs
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    01.07.12 @ 03:34 PM
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    Default

    This sounds like something Dave could've done...The guy is a pretty shrewd business man to me...So it wouldn't shock me.
    Quote Originally Posted by POJO_Risin on a Hagar fan calling Us Roth Fans Mullet Freaks.
    As opposed to riding a scooter, with an afro-wig and rainbow, Capri golf-pants?
    Dude, David Lee Roth IS VAN HALEN!

    The Only people Who Put Iced Tea In Jack Daniels Bottles are SAMMY HAGAR FANS BABY!


    "See the Aryan bozo with the red guitar
    Parachute on the White House lawn
    Gonna bomb the commies with his air guitar
    So dumb he can't drive 55

    Like Bing Crosby before them
    GOVERNMENT MUSIC
    Too idiotic to be real
    GOVERNMENT MUSIC
    You want it loud?
    We'll make sure it goes nowhere
    So you won't get ideas

    Triumph of the swill (X4)"

    -Dead Kennedy's "Bedtime For Democracy" 1986


    "DLR Band means Dave, Lowery, and Ray. I named it that because it sounds more like a band than David Lee Roth, which just sounds like a person. When you hear David Lee Roth - you think of a person. When you hear DLR Band - you think of a band. Just like when you hear Eddie Van Halen you think of a person, and when you hear Van Halen - you think of David Lee Roth!"

  5. #5
    Banned! EBEVHMM2005's Avatar
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    11.12.08 @ 05:39 AM
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    Default

    I don't think so.

  6. #6
    Good Enough
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    06.19.15 @ 04:34 PM
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    No way. That's a screwing on the same scale as Colonel Tom Parker and Elvis. And now way would Sam or Gary join if they had to give up that kind of scratch.
    http://www.myspace.com/pennydreadfulnj

    “…and that’s when I learned that waterskiing and Quaaludes do not mix.”

    - Dewey Cox

  7. #7
    Eruption F'nRockstar's Avatar
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    fuck
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    10.08.17 @ 07:28 PM
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    Default

    Sometimes if I fart in the bathtub, bubbles come up.
    Lets just throw a pound of weed in the fire place, f@#% it!

    Proud owner: Purple Flame Ernie Ball Music Man Axis and a 5150 Combo Amp.

  8. #8
    Sinner's Swing! 79th and Sunset's Avatar
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    10.22.17 @ 12:35 PM
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    Default

    I think that is the case with VH. I think Sam and Gary got their share of $$ at the expense of the Halen bros. In other words, they (Halen Bros.) split their share of the money. It cost them more to have someone other than Dave sing for the band. I think Dave talks about it on the interview with Stern in 92'.

  9. #9
    Sinner's Swing! the_atomic_punks_rule's Avatar
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    12.20.16 @ 03:09 PM
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    Default

    A huge fiction.

  10. #10
    Atomic Punk smithjc's Avatar
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    Favorite VH Album

    Women & Children First
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    Fools/All things Halenized
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    08.04.17 @ 11:33 PM
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    Where'd you hear about this clause anyway?
    RIP - Classic Van Halen

    "A lot of people take Van Halen more seriously than we do." The Diamond One



  11. #11
    Atomic Punk edwardv's Avatar
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    diver down
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    drop dead legs
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    12.12.17 @ 08:17 AM
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    Premium Member

    Default

    hmmm........time an money will tell.....damn I just want a live vh concert...I dont care who gets the money

  12. #12
    no stinkin click! muffdiver's Avatar
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    strung out....
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    02.28.14 @ 07:54 PM
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    Quote Originally Posted by smithjc View Post
    Where'd you hear about this clause anyway?

    Regis Philbin....

  13. #13
    Eruption Turbo's Avatar
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    01.05.12 @ 06:32 PM
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    Default

    That doesn't sound quite right. From what I've read, it would all depend on Dave's separation agreement from the band back in '86. If Dave was an equal partner and owned a share of the Van Halen band/organization, he'd definitely have a say in use of the name and image going forward. But...if he relinquished all rights when he left, he wouldn't. Since we all know he gets songwriting royalties, it's possible he didn't give up other things, too.

    Dave's pretty shrewd in business matters. I'm sure he wound up with an agreement that gave him something worthwhile, but I can't believe he'd get a royalty every time the band (without him in it) played a show. But with this band, who knows for sure??
    DEAD OR ALIVE!!!

  14. #14
    Enemy Territory sbrum's Avatar
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    11.30.11 @ 08:12 PM
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    Default

    This could be true, but I dont think so. Think of this... Ed wanted Mike to relinquish all rights to Van Halen to go on tour in 04. What if this is the same deal Ed is giving DLR for the current/dead tour. He (DLR) could have a founding member clause and still get royalties. Ed might be using the reunion tour as a way to wipe this all away. The tour fell apart and we dont really have the reasons why. Yes Ed went to rehab, but that should only postpone it. Dave prolly didnt sign the contract because Ed put in some crap that he pulled on Mike for the 04 tour.

    Just a thought.
    Fair Warning... It's 5150 Time!!

  15. #15
    Eruption te5150's Avatar
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    09.24.13 @ 12:08 AM
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    Default

    Quote Originally Posted by F'nRockstar View Post
    Sometimes if I fart in the bathtub, bubbles come up.
    Sometimes?

 

 

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