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930 Forums
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GENERAL DISCUSSION
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kosmo vinyl
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thatguy
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What a band makes from sales + Label accounting
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Topic: What a band makes from sales + Label accounting (Read 1736 times)
sweetcell
Member
Posts: 21749
I don't belong here.
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.
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hutch
Guest
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!
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StoneTheCrow
Member
Posts: 2297
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.
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MindCage
Member
Posts: 1282
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.
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3MTA3
Yada
Member
Posts: 11900
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!!
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azaghal1981
Member
Posts: 12034
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
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احمد
runwhiteyrun06
Member
Posts: 295
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.
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GENERAL DISCUSSION
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What a band makes from sales + Label accounting