| Your opinion on the cut, some music stores are taking out of online music sales
What is your opinion on the cut that some music stores are currently taking out of online digital music sales?
Prices vary from retailers but on average an independent music artist or label will receive $6.00 - $7.00 per album and 60 – 70 Cents per single.
Even though distributors will collect, on your behalf, and give you 100% of the royalties, this figure is actually 100% of the net income, the amount left after the music stores have taken their cut. It could be 100% of 50% of the actual music price.
It seems that some of the most popular music stores are taking a big cut and given the high volume of online sales from some of the bigger stores, no names mentioned, it seems to be very un-justified especially when you consider how much it actually costs to host and deliver the individual files.
For an industry that a lot of people consider to be struggling, it's amazing that there are still billions of dollars worth of music sales going through each year.
If the larger music stores that set fixed prices for music took less of a cut from the sales, the overall price of music could be considerably cheaper without effecting the take of the label/artist. This intern may attract more buyers and could level out the price drop for the music stores.
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