Venom helped create an entire genre — but the money behind the band tells a very different story.
In 1980, Venom recorded six songs for just £50. The band went on to release the album Black Metal, inspire generations of extreme metal, and become a major influence on Metallica and the emerging thrash scene. Yet according to drummer Abaddon, the three members were receiving just £30 a week in royalties.
So who actually owned Venom?
This video follows the money behind the legendary band — from Neat Records and the ownership of its master recordings to touring, merchandise, the Venom logo, and the bitter legal battle that eventually reached the High Court.
With Cronos dying in September 2026, the story of Venom's money and ownership has taken on a very different meaning.
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Venom helped create an entire genre — but the money behind the band tells a very different story.
In 1980, Venom recorded six songs for just £50. The band went on to release the album Black Metal, inspire generations of extreme metal, and become a major influence on Metallica and the emerging thrash scene. Yet according to drummer Abaddon, the three members were receiving just £30 a week in royalties.
So who actually owned Venom?
This video follows the money behind the legendary band — from Neat Records and the ownership of its master recordings to touring, merchandise, the Venom logo, and the bitter legal battle that eventually reached the High Court.
With Cronos dying in September 2026, the story of Venom's money and ownership has taken on a very different meaning.
Check out our other band related videos:
The Economics of Pantera
The Economics of Guns N' Roses
The Economics of Oasis
The Economics of Slayer
The Economics of Every Metallica Album
The Economics Of Metallica
The Economics of Megadeth
The Economics of Iron Maiden
The Economics of AC/DC
The Economics of Slipknot
The Economics of Rammstein
The Economics of Metallica's M72 World Tour
The Economics of Mötley Crüe
The Economics of Linkin Park