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Forums » Music Exec Responds to Steve Jobs » And that isn't greedy HOW?
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Greed is Good »
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kpatz
MY HEAD A SPLODE
Premium
join:2003-06-13
Manchester, NH


edit:
September 26th, @12:44PM

And that isn't greedy HOW?

The music industry doesn't make players, they make music (and I have to use that term loosely). Apple makes the players. Why would the RIAA be entitled to so much as a cent of the revenue from the sale of the player?

And even if you substitute "iTunes" for "iPods" then they already see 90% if not more of the revenue. 90 cents of every 99 cent sale. And how much of it do the artists see? 1 cent? If even that?

Not greedy, indeed...


garagerock
Premium
join:2002-06-14
Louisville, KY

said by kpatz See Profile :

The music industry doesn't make players, they make music
Don't give them any ideas!


TK Junk Mail
Go ahead, make my day
Premium
join:2002-03-03
Margate City, NJ
clubs:
·Comcast

reply to kpatz
said by kpatz See Profile :

The music industry doesn't make players, they make music (and I have to use that term loosely). Apple makes the players. Why would the RIAA be entitled to so much as a cent of the revenue from the sale of the player?

And even if you substitute "iTunes" for "iPods" then they already see 90% if not more of the revenue. 90 cents of every 99 cent sale. And how much of it do the artists see? 1 cent? If even that?

Not greedy, indeed...
Just to give you an idea of how much the actual artists get, here is a link to the recent negotiations between the industry and the artist groups.
»www.internetweek.com/news/170100891
Music publishers and songwriters get 5.25 percent of revenue from Internet radio, and up to 8.5 cents per song for paid permanent downloads.

Copyright holders were seeking 14 percent of revenue, while the association's last offer was for 6.9 percent.

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annony



reply to kpatz
why would they get any money?

for the same reason they get a % of revenue from every blank cd/dvd/tape, for the same reason they get a % of revenue for every device that can record (beta,vhs,dvd-recordable)...

if you don't like it, then make sure not to re-elect the fools in congress who sided with RIAA that they were being screwed out of profits because people copying media.....


fundamentalz
The Basics
Premium
join:2004-04-30
Moorpark, CA

edit:
September 26th, @01:30PM

In the United States, only cd's labeled as "Music CD-R" have the royalty on them. Regular blank cd's have no royalties


tja515

@insightBB.com
reply to kpatz
wrong....Sony makes players and are a major player in the music business
Forums » Music Exec Responds to Steve JobsGreed is Good »
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