StyxCollector wrote:Toph wrote:FormerDJMike wrote:No, Dennis getting money is not part of the lawsuit. He gets money because they play his songs. Just as ZZ Top was paid when Styx used to play Tush. When they play Walrus they have to pay whoever owns the songs. Manic Depression? Pay the Hendrix Estate. It's not part of the lawsuit, just how it works.... And the gag order never expires. Just ask Huey Lewis. He spoke about his lawsuit with Ray Parker Jr on Behind The Music and Ray saw it and sued him because he discussed the terms of the suit (New Drug vs Ghostbusters).
Sorry Mike but you are incorrect about this. Dennis does in fact gets a percentage of everythng they bring in. It was part of the settlement. And I can say this because JY has opened his mouth.
Honestly, whether DDY does or not get a cut doesn't really matter. The whole thing was settled out of court and whether or not a gag is still in effect - who cares? Let's say they are paying DDY x% per show or whatever. They still have to pay him the royalties for the songs on top of that cut UNLESS the deal allows them to play the songs like CSA royalty-free ... which I doubt.
Sure it matters - it means that he is technically still an owner of the trademark - at least financially. And it goes a long way toward explaining the continued bitterness that JY feels toward DDY.
It's a similar agreement like the one Perry had with Journey - except with less control. Perry still has some editorial control and has been behind the scenes with a number of compilations and DVD of footage he's been in. DDY has had no control over any compilations even ones featuring songs from his era - see "Rockers", "Gold," and any of the other variations out there. Its too bad DDY wasn't able to retain some of that - you might not have had some of the embarassments to hit the market - then again if it is about the almighty dollar, he might still have gone along.
In other words, DDY is a non voting financial partner in the name STYX with a percentage take on all sales/tickets sales/royalties generated by the current band. Not sure why JY decided to devulge this. Supposedly the agreement was to be confidential. Maybe just the terms?