November 2011
3 posts
RIP MUSIC
pupfresh:
Apparently an artist only makes 8 cents on a 99-cent iTunes download.
The detailed breakdown shows that for every 1,000 iTunes downloads sold, a UMG-signed artist gets paid $80.33. And that’s after the label collects on a 25% ‘Container Charge for Audiophile Records,’ as well as a 15% ‘Net Sales Deduction.’
With major labels abandoning the CD-format next year, it really looks...
