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Artists receive a fraction of their profits because the distribution network is immensely valuable to them. The 30% is pulled out of your ass. If I did all my
by handmodel 5y ago
Artists receive a fraction of their profits because the distribution network is immensely valuable to them.
The 30% is pulled out of your ass. If I did all my own editing and released songs on Spotify without any assistance I would get a much higher cut. If I don't like Spotify I am allowed to sell mp3s on my own website. However - if I was trying to produce a high quality album a year and coordinate worldwide tours then it is worth it to me to share my profits with hundreds of talented artists/marketers/engineers on my team or in contract with my team.
- matheusmoreira 5y ago> The 30% is pulled out of your ass. I pulled it off a search engine. And that was one of the better figures. Do you have better data?
- edoceo 5y agoASCAP, SEACAM and BMG I think are the big three licensing orgs (USA). When you buy licenses from them they give you some paperwork that explains where the fees go. They even have a person explain it to you on the phone. (They took steps to pre-emptively high prices) I've cancelled those contracts awhile ago so I don't have handy numbers. It might even be on their sites?