We wouldn't exactly call ourselves fans of Capture The Crown but this should read as a cautionary tale to anybody who thinks it may be worth it to drop everything and chase your dreams. Because what you would end up with is crippling debt.
Capture The Crown are from Australia, and originally signed to Sumerian Records and expensively relocated to America to make their dreams happen. Sumerian eventually dropped the band, and they were picked up by Artery, but their financial woes continued. Today, the band announced that everybody but the vocalist has quit:
Word is starting to get around that there have been changes made to Capture the Crown's lineup. This is true, but what is also true is that we are looking forward and moving ahead full force onto the next, bigger & better chapter of Capture The Crown.
Kris Sheehan, Jye Menzies & Tyler March are no longer a part of CTC and we wish them all the best in their future endeavours.
This band started touring in late 2012. Since the beginning not a single member has made a single cent. From day one, the band has been in copious amounts of debt. Factors contributing to the debt: the big one is relocating from Australia to the United States. Moving a touring band across the world is a very serious undertaking and a lot of money is used in the process, think of it as a start up investment. Along with relocating, unfortunate luck with reoccurring vehicle issues on top of numerous other factors have not put us into a great place financially. With that said, not being paid or seeing any financial gains for almost 3 years is extremely rough! I would like to think that this is a HUGE contributor to the departure of these members.
Frontman Jeffrey Wellfare refuses to quit and has enlisted new members (Maurice Morfaw on bass, Ryan Seretti on drums and Kyle Devaney on guitar) to fill in his band and promises to continue touring and eventually release new material.
It's clear to see with three years of debt already in the books, the band will most likely never get out of the red. Seeing as bands don't even really make money on the road anymore, it will be a tough hill to climb. Unless they start selling a million records, which hasn't happened for anybody yet this year, they will be in debt for the rest of their careers.
Welcome to the music business.
[via Metal Insider]