Quote:
Originally Posted by vikulenka
I remember reading somewhere that artists hardly make any money from the CD sales. Most of their royalties come from touring.
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Hi vikulenka
This from The Register two years ago:
According to a report in today's Times newspaper, the Music Managers Forum (MMF), a trade body of artists' representatives, are bemoaning the 4.5p performers make out of every 79p iTunes download. That figure, which translates into a rate of six per cent is half the rate they get from physical singles.
“Sale prices and royalties have gradually been eroded to the point where an artist needs to sell in excess of 1.5m units before they can show a profit, after paying for recording time and tour support," Jazz Summers, MMF chairman and manager of Snow Patrol, told the paper.
gm