Author Topic: What a band makes from sales + Label accounting  (Read 1736 times)

sweetcell

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What a band makes from sales + Label accounting
« on: September 21, 2011, 12:06:08 pm »
money money money...

How Much Does A Band Make From Various Music Platforms?
http://www.techdirt.com/blog/casestudies/articles/20110911/00284415891/how-much-does-band-make-various-music-platforms.shtml

looks like bandcamp is the way to go.


other really good reads:

RIAA Accounting: Why Even Major Label Musicians Rarely Make Money From Album Sales
http://www.techdirt.com/articles/20100712/23482610186.shtml

RIAA Accounting: How To Sell 1 Million Albums And Still Owe $500,000
http://www.techdirt.com/articles/20110707/03264014993/riaa-accounting-how-to-sell-1-million-albums-still-owe-500000.shtml

stories like these make it hard for me to feel bad for what is happening to the record labels.
<sig>

hutch

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Re: What a band makes from sales + Label accounting
« Reply #1 on: September 21, 2011, 12:45:47 pm »
streaming services like spotify are such a ripoff to the artist!

StoneTheCrow

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Re: What a band makes from sales + Label accounting
« Reply #2 on: September 22, 2011, 01:12:53 pm »
Great reading.  Very informative....and depressing.

While I won't say the record companies are out to screw the artists, they are clearly only looking out for #1 (themselves).  The onus really is on the artist to fully understand what they are being asked to sign.

MindCage

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Re: What a band makes from sales + Label accounting
« Reply #3 on: September 22, 2011, 01:35:25 pm »
If no one has figured it out by now, Record Labels are nothing more than an high-interest rate credit card. They'll give you a nice advance up front, but you won't be seeing a dime from album sales for awhile.
3MTA3

Yada

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Re: What a band makes from sales + Label accounting
« Reply #4 on: September 22, 2011, 01:41:11 pm »
Only way to make money is to tour, tour, tour!!

azaghal1981

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Re: What a band makes from sales + Label accounting
« Reply #5 on: September 22, 2011, 01:51:48 pm »
There is also this classic.

http://www.negativland.com/albini.html
احمد

runwhiteyrun06

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Re: What a band makes from sales + Label accounting
« Reply #6 on: September 22, 2011, 06:06:36 pm »
I actually thought bands we're making less on their recordings. Of course a band that makes like 200 copies of an album isn't going to make money. The actual rates they are getting for their music plays is surprisingly high.  I thought bands only made $1 on their cds.