It's about 45 minutes before Korn is scheduled to take the stage at Los Angeles rock station KROQ's annual Weenie Roast yKorn Takes Its Innovative Record Deal -- And A Host Of Diehard Fans -- To The Bank Fiesta, and the band's roadie needs an iPod bad.

It's not that he has the sudden urge to listen to music. After all, Incubus is onstage, playing for some 16,000 enthusiastic fans at the sold-out Verizon Wireless Amphitheater.

Rather, it's drummer Joey Jordison's first show with the band, and he and founder/singer Jonathan Davis have yet to log much rehearsal time. The band's hired help wants the two to hear some of the songs they will be playing together.

Nearly everyone in the Korn camp seems visibly worried about this but Davis. Amid the hubbub of an outdoor backstage area—KROQ staffers conducting artist interviews a few feet away, Incubus onstage just 30 or 40 yards behind him, managers and makeup artists hustling about and, yes, stressed roadies seeking iPods—Davis relaxes in a hooded sweatshirt and jeans, sipping an energy drink. In fact, neither Davis nor the other principles in Korn—guitarist James "Munky" Shaffer and bassist Regunald "Fieldy" Arvizu—appear at all troubled that someone in the band might be in need of a "tune-up" less than an hour before showtime.

One might expect this from Korn. For starters, the band has been around the block a few times. The nü-metal founder is now nearly 15 years old, and has sold, collectively, more than 16.5 million albums in the United States, according to Nielsen SoundScan. This will be the act's third time playing the Weenie Roast. Even in a year when the industry insiders loitering backstage are heard grumbling that radio doesn't sell albums like it used to, the Weenie Roast is not something to be taken lightly. A few days after the concert, Linkin Park, another band that emerged from the nü-metal scene unscathed, notched the No. 1 album in the States and the best first-week sales of 2007.

Korn is also riding a bit of a renaissance. After three straight studio albums of declining record sales (see chart, page 22), the band reversed the trend with "See You on the Other Side," released the day before Christmas in 2005. The album has sold 1.2 million units and spawned Korn's first top 10 hit ("Twisted Transistor") since 2002 single "Here to Stay." In slightly less than two months (July 20), the band will kick off another edition of the multimillion-dollar-grossing Family Values Tour, and will release its next studio album, a self-titled release, July 31.

Korn's success is validating—some in the group might say attributed to—a new approach to doing business for bands. Korn signed with EMI/Virgin in 2005, and its forthcoming set is the second and final album of the two-album deal that landed the metal stalwart $25 million upfront from the major. In what amounted to a revenue-sharing deal, EMI acquired a 30% stake in Korn's overall business through 2010. Additionally, concert promoter Live Nation invested a reported $3 million for 6% of Korn's box office, licensing, publishing, merchandising and CD sales.

Click here to read more on Korn's upcoming album, its innovative business deal with EMI and Live Nation, the specific numbers behind the band's unusual deal, and more.