Originally posted by lerxstcat
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Why should Jon give him part ownership when Jon is the chief songwriter, lyracist, visionary, etc? It's Jon's "band". Period. Everyone else is a hired gun and that's the way it's always been. Besides, it's not like I.E. is selling millions of albums and living the high life. Jon has said many times that he's barely making much of a living himself with I.E. If Matt wanted to make more money as a musician, he should have wrote more to get more $$$ from writing credit. Not that Jon would have used it anyways. After all, it's his "band". Shitty situation for Matt, for sure, but that's the way it goes in music.
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