BadAndyinMia
July 11th, 2002, 01:22 AM
http://www.riaa.com/MD-US-7.cfm
What a load of crock?
I understand the economics of this - I really do. Still there is NO need for a CD to be 17 dollars.
Considering 1. The music is also sold to thousands of Radio stations around the United States and how many other countries.
2. The artist gets less than 1/2 of that 17. In Royalties, the artist themselves make about 10 percent of the sale price of the CD.
3. Every artist at some point in time has a soundtrack deal , ie: a song is a soundtrack to a movie - thasalottamoney.
4. Can we say Posters?, T-shirts? Lunchboxes? Pencils? Erasers? Pens? Etc. Etc. ROYALTIES, ROYALTIES, ROYALTIES.
Considering all this is PER ALBUM, cept for 4 which is generally based on the artist. That is ALOT of money that is not spend. More than 10 percent I would say - unless an album really sucked.
The cost of a CD is about 2 pennies.
The artist signs a contract, usually in the upper 10 million region, unless you're very very known, then you get like 20 million. Then the 10 percent from royalties.
Thats alot less than $17 a cd...considering thats like maybe a million ppl a year at best (sometimes achieved in a week or a month) buying a cd for like at the LEAST 3 years. Some CDs have a sell rate of a million sold every 6 months.
Oy...no more math. Making me want to be a singer now....or work in the record industry.
What do you think? 17 per CD is fair?
I propose the sale of license free mp3s at a maximum of a dollar per mp3.
What a load of crock?
I understand the economics of this - I really do. Still there is NO need for a CD to be 17 dollars.
Considering 1. The music is also sold to thousands of Radio stations around the United States and how many other countries.
2. The artist gets less than 1/2 of that 17. In Royalties, the artist themselves make about 10 percent of the sale price of the CD.
3. Every artist at some point in time has a soundtrack deal , ie: a song is a soundtrack to a movie - thasalottamoney.
4. Can we say Posters?, T-shirts? Lunchboxes? Pencils? Erasers? Pens? Etc. Etc. ROYALTIES, ROYALTIES, ROYALTIES.
Considering all this is PER ALBUM, cept for 4 which is generally based on the artist. That is ALOT of money that is not spend. More than 10 percent I would say - unless an album really sucked.
The cost of a CD is about 2 pennies.
The artist signs a contract, usually in the upper 10 million region, unless you're very very known, then you get like 20 million. Then the 10 percent from royalties.
Thats alot less than $17 a cd...considering thats like maybe a million ppl a year at best (sometimes achieved in a week or a month) buying a cd for like at the LEAST 3 years. Some CDs have a sell rate of a million sold every 6 months.
Oy...no more math. Making me want to be a singer now....or work in the record industry.
What do you think? 17 per CD is fair?
I propose the sale of license free mp3s at a maximum of a dollar per mp3.