I trust Johnny's word because he seems to have moved on. I don't think Mike or Morrissey have. I believe the 40/40/10/10 was agreed. I think in terms of songwriting credits this is fair. Performance.. ehh.. Difficult. Compensation is not just about time put into something, especially in creative fields. Money is allocated based on value of contribution. This is why singers tend to make more than backing bands. The emphasis of value in pop music tends to go to the face/voice of a band. I think in a band like the Smiths we see every part as important to the final product, but at the end of the day Morrissey is going to get more credit from the general populace with Johnny being a close second. (Though in my mind, Johnny contributed to the recording process more than anyone else, and his parts are as vital as Morrissey's to the songs.) As fantastic as the drums or bass might be they are not as valuable, and so their time is compensated at a lesser rate. It feels unfair on some level, but that's how the world works. I personally think the 40/40/10/10 is unbalanced for performance.. but I'll agree with what Johnny says. They could have been more generous, but I don't think it is necessarily wrong.
At some point someone in this thread mentioned Mike would only really miss out if the Smiths reform without him.. I really don't hold ill will against Mike. He seems like a very nice man. I wish him all the best... but I know Morrissey still holds issue.. If Morrissey really wanted to get back at Mike, he'd reform the Smiths with a new drummer... I mean.. just a thought Moz.. if you want to show him the consequences of the court case... of how that decision could make him miss out... give Johnny and Andy a call.. do a few dates.. the payout on that reunion would make his winnings in court look measly..
I will exploit anything for a Marrissey reunion.
~K~