Slidetbone
Mazin Go
Premium
join:2002-11-10
Land O Lakes, FL
| Re: Increase in Alternatives said by a1808991020  :how do you figure the label shouldn't get any money, there the ones taking all the risk its there money making the albums and promoting them. they are entitled to a return on there investment. and considering they are the ones taking all the risk they are entitled to the majority of the profits So...do you think it is fair that an artist selling gold and platinum sales gets about 2 to 4% of the profit while the label gets 40 to 70%?
Whilst the labels are putting the face and investment to promote the artist, they do not pay them well for it. It is to assume that the album will get the promotion and exposure to get the artists gigs. And that there is another issue as the artist will be going through a promoter that will charge him another percentage of the total ticket sales. And even that depends on the relationship he has with the "middlemen".
Do the numbers....the multinationals are sucking the artists dry.
Indies are fairing better. That is why RIAA places the blame on their slump in sales to P2P when in fact their product realls sucks and the indies are capitalizing on that hole. |
