ahmadnat
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- Jul 25, 2011
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I know this is probably a stupid question but I never quite understood how businesses work. So i was basically wondering, on what basis he gets money from it?
Say a million dollars is made in a single year from all the songs. Any expenditure is taken off and the profit is left. But now this, obviously wouldnt go straight to Mike, cuz its not all his. But surely it also doesnt get split into half and then given to Mike and ATV cuz the company itself needs money aswell, right?
I was just wondering what part of the money would be directly given to mike, and how much would go back into the company, and how is all this calculated?
Sorry.. i know this is very little MJ-related.. more cuz of my lack of knowledge on how a business runs, but Id appreciate if someone could answer
Say a million dollars is made in a single year from all the songs. Any expenditure is taken off and the profit is left. But now this, obviously wouldnt go straight to Mike, cuz its not all his. But surely it also doesnt get split into half and then given to Mike and ATV cuz the company itself needs money aswell, right?
I was just wondering what part of the money would be directly given to mike, and how much would go back into the company, and how is all this calculated?
Sorry.. i know this is very little MJ-related.. more cuz of my lack of knowledge on how a business runs, but Id appreciate if someone could answer