 W7PSKJust MePremium
join:2000-12-04
Everett, WA | Somebody should Ask the RIAA How much the artists get out of the royalties and how much do they pocket. |
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| Thats an interesting question. How much DOES the RIAA pocket and how much goes to artists? Is there anywhere to find those numbers? (THAT would really be something for headlines here |
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| This deals more with CD sales than with royalty payments from Internet radio, but I'm guessing that artists actually see less (if that's possible) from Internet radio royalties:
»www.arancidamoeba.com/mrr/proble···sic.html
In the fictional (yet realistic) example he provides, the band sells $1.6 million worth of records and makes just over $4,000 each. Meanwhile the record company takes in $710,000, just under 44% of the gross!
Of course, that $4,000 each is a bit misleading because when all is said and done, the band winds up *OWING* the recording industry money which they need to recoup on their next album. It's basically a legalized form of indentured servitude. |
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Time4aNAPPremium
join:2007-04-09
Des Plaines, IL | reply to CableConvert
said by CableConvert:Thats an interesting question. How much DOES the RIAA pocket and how much goes to artists? Is there anywhere to find those numbers? (THAT would really be something for headlines here I suppose one reason why the music industry favors young artists who are barely old enough to sign a binding contract is because they have never learned how to handle their own finances. The girl group TLC made billions for the record industry, but made a grand total of $38,000 for themselves.
Probably most telling is the fact that bands today tour primarily to make money. That's why tickets (and everything else) are so expensive. During the golden age of rock and roll, tours were loss leaders to promote the records. The artists made their money from record sales. Now the record companies make 99% of recording revenue. |
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 PiggieI Actually use WindstreamPremium
join:2005-11-23
Orange Springs, FL | reply to Jason Levine
said by Jason Levine:This deals more with CD sales than with royalty payments from Internet radio, but I'm guessing that artists actually see less (if that's possible) from Internet radio royalties: » www.arancidamoeba.com/mrr/proble···sic.htmlIn the fictional (yet realistic) example he provides, the band sells $1.6 million worth of records and makes just over $4,000 each. Meanwhile the record company takes in $710,000, just under 44% of the gross! Of course, that $4,000 each is a bit misleading because when all is said and done, the band winds up *OWING* the recording industry money which they need to recoup on their next album. It's basically a legalized form of indentured servitude. This is the real point RIAA are legalized theives. I have several friends in the music business. All of them have gone to their own labels. They don't sell as much, but they get 100% of the profits.
Example. My friend had 1000 CD's made with a true mastering, including case and Jcard (the insert). They cost him $1.10 each, or $1100 total. He sold albums for $10 at the places he plays. Net profit, over $8000 from a mere 1000 copies. Much more than if he had gone national, and signed a contract for tens of thousands of an album.
The artists themselves are finding ways to circumvent the thieves. The only draw back is unless you are a local, you never hear their music.
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| And if your friend sold the same number of CDs under a RIAA label, he'd be lucky to make $100 (10 cents per CD). That's one of the things I like about Amie Street. Most of the revenue (70% after the first $5 IIRC) goes right back to the artist. Even the big names on the major labels don't get deals like that. (Posted as I listen to my Amie Street tunes.  ) |
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