[LINK] How the big music companies take music royalties forthemselves
tomk at unwired.com.au
Sun Mar 11 03:18:00 EST 2012
> -----Original Message-----
> From: link-bounces at mailman.anu.edu.au
> [mailto:link-bounces at mailman.anu.edu.au] On Behalf Of Paul Bolger
> Sent: Saturday, 10 March 2012 10:04 PM
> To: link at mailman.anu.edu.au
> Subject: Re: [LINK] How the big music companies take music
> royalties forthemselves
> It has occurred to me that there is a need for a digital 'honesty jar'
> - a method for paying artists directly for music which one
> obtains via bit torrent or other non record company
> sanctioned means. As well as making the consumer feel good it
> would be a powerful argument if one were ever singled out by
> the copyright police: "Well, actually, I paid them directly."
> The question is: what is a fair price for a track? How much
> would one have to pay to exceed what the artist would have
> got from selling a recording of a song via the conventional
> means? We know that Apple sell songs for US$.99, and that
> they take 30% of that. Presumably the record companies take
> at least half of the remaining 66c. What does the band
> actually get?
AFTER all record company promotional, lunch, party costs, Carribean
conferences, RIAA subscription fees, Political party donations, hire
cars, and escort services are paid for - if anything is left, then the
band get about 3-6 cents per track.
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