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10 million albums. How can you be broke?
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TLC Forever

10 million albums.How can you be broke?

10 million albums.
How can you be broke?

Full Transcript

00:00:01.000 --> 00:00:04.184
10 million albums. How can you be broke?
Duration
5 seconds
Views
25
Timestamp in Movie
00:50:40
Uploaded
Apr 13, 2025
Genres
documentary, biography, music
Production
One Story Up Productions,A&E IndieFilms

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Movie Summary

Follow the iconic group that influenced an entire generation and survived against all odds, showing personal stories about their world fame.
Every time an album gets sold, tlc gets $0.56. - TLC Forever 00:05
Every time an album gets sold, tlc gets $0.56.
So 10 million records, $5.6 million. - TLC Forever 00:06
So 10 million records, $5.6 million.
So laface record had spent about $3 million - TLC Forever 00:06
So laface record had spent about $3 million
Now we have $2.6 million left - TLC Forever 00:06
Now we have $2.6 million left
You're in about the 47%, 48% tax bracket, - TLC Forever 00:09
You're in about the 47%, 48% tax bracket,
Watkins: But when you factor in all the things - TLC Forever 00:08
Watkins: But when you factor in all the things
At that time, we had nothing to lose, you know, - TLC Forever 00:10
At that time, we had nothing to lose, you know,
Thomas: We took control of our lives. Period. - TLC Forever 00:05
Thomas: We took control of our lives. Period.
We didn't have a manager, but we did not care. - TLC Forever 00:06
We didn't have a manager, but we did not care.
Now we can really move forward. - TLC Forever 00:06
Now we can really move forward.
We never had good business, unfortunately, - TLC Forever 00:11
We never had good business, unfortunately,
I'm just going through a timeline of everything. - TLC Forever 00:05
I'm just going through a timeline of everything.
I understood how much money the record company had made, - TLC Forever 00:15
I understood how much money the record company had made,
I also knew that their structure was really bad - TLC Forever 00:20
I also knew that their structure was really bad
I remember when I was in the hotel room - TLC Forever 00:07
I remember when I was in the hotel room
'cause we're going to drive you crazy." - TLC Forever 00:06
'cause we're going to drive you crazy."
And he was like, "yeah." - TLC Forever 00:05
And he was like, "yeah."
I felt something that I had never felt, - TLC Forever 00:10
I felt something that I had never felt,
When I signed them, l.A. Reid said to me, - TLC Forever 00:15
When I signed them, l.A. Reid said to me,
I don't put too much into, like, the future stuff - TLC Forever 00:07
I don't put too much into, like, the future stuff