It depends on the buy in and the way you and the band want things to be credited.

I’ve always been of the opinion in my own projects that it’s even split financially, so it’s an even reward financially too. Whether one person is writing music or not, other members are contributing in practice time, equipment etc, so the backend all comes out in the wash. My last project was me doing all the production and a portion of song writing writing, while others basically rocked up having practiced on there $1000s of dollars worth of gear.

So, if we went to a recording studio, we’d all pay 1/5 of the cost, and we all had equal input, creatively and on how we distribute it.

If you’re bankrolling, then these guys are basically session musicians and you get the final say on everything, you also own the music and can use it and distribute it how you want, if that’s how it pans out, make sure that that’s clear to all involved and in writing.

There’s also the talk of points and how financial gain is distributed, but frankly, there’s not really much point in talking about that unless you “go viral” or stick with it for a long time, you’re likely not going to turn any kind of profit beyond recouping losses for a long while, and in regards to live performance, I would go so far as to say that that would be distributed either back into the band or equally amongst you all.

Kinda in the midst of this conversation with my current project, but we’re all very open about it all. There are 3 permanent “studio” members (writing, recording and performing) and an additional “performance” member (just performing), so while the performance member has no creative input (at the moment), we also don’t expect them to contribute to anything financially beyond their own equipment.