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Les Cargill
 
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Default Jobs says there's no money in online music

Andrea wrote:

(EggHd) wrote in message ...
Royalties for the song composition itself
are something around 7¢ a song. Credit card fees are what, 3 or 4%. So how
much are the royalties for the recording?

The artist royalty will be the same % they normally get. 16 to 24% depening on
the deal the artist made (and how much leverage they had when making the deal)

Either:
1. the record companies are making out like bandits

What is the apple cut and the record company cut? Remember this is just a
another retailer. the record company still has to market the record to the
public, the single most expense in the record biz.


---------------------------------------
"I know enough to know I don't know enough"


Here is the link to that pie chart, Apple, according to the pie chart
was supposed to get 40% of the 99cent downloads, the artist only gets
12%.

Who did Apple forfeit thier 40% share of the proceeds to?

http://www.deeperwants.com/cul1/home...es/001645.html

It is a horrible,inhumane,and sucky deal for the artist to only get
12%, without the artists, they would have nothing to sell.
Andrea


12% isn't bad ROI for anybody, even if the artists contributed 100% of
the capital to get it. A good accountant can lay out all the capital as
expenses, which are like promissory notes on other revenue.

--
Les Cargill