Great posts here.
In most cases I'd side with the band by default. They are new to the business compared to the record company guys, and so they know how to take advantage of the bands wherever possible.
If there's a shred of truth to Roger Taylor's claim that management was complaining about broken drumsticks yet were showing up to meetings in a Rolls Royce, then Sheffield's book may have a lot of revisionist history in it.
The Real Wizard