28-04-2020, 01:02
just read this interesting article on how the sales of cds are divided up amongst everyone who needs payment along the chain and its not good for the artist!
article gets into the nitty-gritty of it but heres a little bit for those who cant be bothered reading the linked article which i hope you all do:
Let’s say your CD is for sale for in stores at $16.00 and that you are a band of 4 that also writes their own material. Your deal is to receive a royalty rate of 11%, but your producer takes 3% of that. So in the end you make 8% net royalty. $16.00 – $8.32 (30% for retailers, 22% for distributors) = $7.68.
Let’s round this off to $8.00 (a very optimistic round up by the way) $8.00 - $2.00 (25% for packaging deducted by the label) = $6.00 X 8% = $0.48. So you make $0.50 per CD sold.
^^ and then theres the tax payable on that $0.50 also!
article: https://bandzoogle.com/blog/record-sales...e-money-go
in my opinion its an absolute effing disgrace that these artists who spend a year, two years, whatever creating an album get basically nothing in return for their efforts, which is why they have to tour because that's where they make their money apparently.
your thoughts on this welcome, especially Jerome who does sell his music.
article gets into the nitty-gritty of it but heres a little bit for those who cant be bothered reading the linked article which i hope you all do:
Let’s say your CD is for sale for in stores at $16.00 and that you are a band of 4 that also writes their own material. Your deal is to receive a royalty rate of 11%, but your producer takes 3% of that. So in the end you make 8% net royalty. $16.00 – $8.32 (30% for retailers, 22% for distributors) = $7.68.
Let’s round this off to $8.00 (a very optimistic round up by the way) $8.00 - $2.00 (25% for packaging deducted by the label) = $6.00 X 8% = $0.48. So you make $0.50 per CD sold.
^^ and then theres the tax payable on that $0.50 also!
article: https://bandzoogle.com/blog/record-sales...e-money-go
in my opinion its an absolute effing disgrace that these artists who spend a year, two years, whatever creating an album get basically nothing in return for their efforts, which is why they have to tour because that's where they make their money apparently.
your thoughts on this welcome, especially Jerome who does sell his music.
"BTO....Bachman,Turner,Overweight
They were big in the 70s....for five minutes,on a Saturday,after lunch..." - Me 2014.
They were big in the 70s....for five minutes,on a Saturday,after lunch..." - Me 2014.