Jared Leto Discusses 30 Seconds to Mars Debt

Jared Leto revealed the financial struggles faced by his band, 30 Seconds to Mars, following the success of their album 'A Beautiful Lie', which sold three million copies but left them over $2.7 million in debt to their record label, EMI. During an interview on Australia's 'Kyle and Jackie O Show', he discussed how the band was sued for $30 million for breach of contract, ultimately leading to a documentary, 'Artifact', that chronicled their legal battles. Leto expressed that despite achieving commercial success, the financial realities of the music industry were harsh and left him feeling 'flat'. He admitted that making money as a musician is increasingly difficult, especially due to inflation, but emphasized his love for music and performing, stating he would continue to create regardless of financial gain. Reflecting on their past struggles, Leto noted it was a relief to be on the other side of such challenges now.