frostedflakes
Diamond Member
- Mar 1, 2005
- 7,925
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- 81
Don't get me wrong, I'm a good little consumer so I still go out and buy the albums despite my dissatisfaction with how things are run. For albums from RIAA-affiliated labels, though, I buy them second-hand so at least that way I'm not directly supporting the big labels. No entitlement mentality here, for the most part I play by the rules, but that doesn't mean I have to like them.Originally posted by: Red Dawn
So that's still 5% that you are taking out of their pockets and if what you say is true they can really use that 5%. BTW some of those groups get a lot more than 5%, especially the long established Artists that dictate their own terms or produce their own albums.Originally posted by: frostedflakes
Yeah, it's ridiculous how little artists make from album sales. IIRC like 60-70% of the cost of an album goes to the record labels and retailers/distributors. Sound engineers and other people involved in production end up with most of the rest, leaving a few percent for the artist, maybe closer to 5% if they're a big name in the industry and were able to negotiate a favorable contract. It's an inefficient and outdated business model.Originally posted by: Darthvoy
contrary to what many people believe, artist do not make much money from album sales. The artists make their income from merchandize sales and touring. What you see here are the greedy record labels trying to hold on to the old business model because they are extremely profitable.
And I'd have to do some Googling, but I was pretty sure that even with very good contracts, artists won't get more than 5% or so. I may be wrong, though.