If you build a shiny new house on a landfill it still stinks
Apple says iTunes is "better than free" because it's "fair to the artists and record labels." That's simply not true. First of all, Apple gets 3 times as much money as musicians from each sale. Apple takes a 35% cut from every song and every album sold, a huge amount considering how little they have to do. Record labels receive the other 65% of each sale. Of this, major label artists will end up with only 8 to 14 cents per song, depending on their contract. Many of them will never Artists Get Ripped Off. even see this paltry share because they have to pay for producers and recording costs, both of which can be enormous. Until the musician "recoups" these costs, when you buy an iTunes song, the label gives them nothing
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2 comments:
Didn't I read something from Dvorak in one of the PC-related magazines recently about how the whole thing that scared the Big 4 Music companies was independent record-keeping on Apple's part getting in the way of their allegedly-creative accounting practices in dealing with the labels' affiliated artists? How those artists would now know more about how their music's actually doing on the market?
I have to admit to being unclear on how this link has anything to do with Bulte-Gate, Justin.
There's a sentence in the middle of another in your post...
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