The End of iTunes?

[boxxa]

@JayS

Pretty easy to see who should be absorbing the difference when you read that part.

$0.70 of your $0.99 is going to the record company, who in turn only give $0.09 to the copyright holder. Hmm, $0.64 for the record company and $0.15 to the copyright holder still sounds more than fair to me. To be honest, it still sounds like the artist is getting fucked by the record company.

Ya its always been like that tho. I cant imagine being an artist and getting screwed like that. No wonder why so many rely on iTunes and the internet to get their music out there instead of worry about lables.

Wasnt the numbers out a few years ago that on a $15 cd, a artist only makes like less than $1.50 on it.

Edit: Found it

This breakdown of the cost of a typical major-label release by the independent market-research firm Almighty Institute of Music Retail shows where the money goes for a new album with a list price of $15.99.

$0.17 Musicians’ unions
$0.80 Packaging/manufacturing
$0.82 Publishing royalties
$0.80 Retail profit
$0.90 Distribution
$1.60 Artists’ royalties
$1.70 Label profit
$2.40 Marketing/promotion
$2.91 Label overhead
$3.89 Retail overhead

That’s a pretty remarkable breakdown. Label get $7.01per CD and retailers get $4.69 for a combined percentage of 73% of the price of each CD. Royalties, artists, and manufacturing costs combined total only $4.29.