Smashing Pumpkins

I’m not the biggest Billy Corgan fan, but there are times where he can be very insightful and thoughtful. For instance, in a 2017 interview with Joe Rogan, Corgan talked about how the original Smashing Pumpkins imploded and why a lot of it stemmed from the fact that he, as the main songwriter, made a lot more money than his bandmates.

According to him, one day, early in the band’s history, some record label folks took Corgan to breakfast and explained to him some of the realities of the music business. “They said: ‘Songwriters in bands make a lot more money, so our suggestion is you should share your songs with your bandmates to keep a democratic stasis.’ I was like ‘Hell no, I’m not giving them my work.'” he said. “Fast forward four years later, I’m making a lot more money than them, and that sews discontent.”

According to Corgan, being the main songwriter had another effect besides the financial — he was now seen as the genius auteur and his bandmates were seen as nothing more than his backup. “We’d get into a room with journalists and they would just talk to me. Then we would get out of the interview and the band members would yell at me for them not being asked questions,” he said. “It’s like an erosion factor. You don’t appreciate it from within, there’s a lot of compression and money and stuff going on, then one day it hollows out. And then it’s too late and you can’t just sit down and have a meeting because the wounds are too deep.”

Perhaps if he had taken a page from R.E.M.’s book, things would have gone better. When R.E.M. first started out, Peter Buck insisted on splitting the songwriting royalties equally. According to Band Together: Internal Dynamics in U2, R.E.M. Radiohead and the Red Hot Chili Peppers, by Mirit Eliraz, Buck didn’t want the band to end up like Creedence Clearwater Revival and others and recognized that this was the best way to ensure no one got the short end of the stick. Plus, in his mind, the band’s songs were just that — even though members composed songs individually, they would work together to improve them and make sure they met the band’s high standards. Other groups have taken a similar approach, including U2 and the Red Hot Chili Peppers (who write songs that arise out of group jam sessions), and Radiohead and Coldplay, where one person dominates the creative process but willingly shares credit to keep the peace.

Instead, the original Pumpkins joined a long list of bands that have split up because of songwriting royalty disputes. CCR famously imploded after the other three members got fed up with John Fogerty writing all of the songs and wanted some of that credit (and publishing money) for themselves. Levon Helm went to his grave believing Robbie Robertson had cheated him and the others in The Band out of songwriting royalties. Jane’s Addiction almost broke up before its debut album was released because of a royalty dispute. Spandau Ballet spent most of the 90s in court after three members of the band claimed they had an agreement with guitarist and main songwriter Gary Kemp to split the royalties, something Kemp, obviously, denied.

And then there’s The Go-Go’s. The band was barely hanging on by a thread by the time of its 1984 album Talk Show. A songwriting dispute proved to be the straw that broke the camel’s back.