Quote:
Originally Posted by redvelvetstudios  Jason - your data is wrong. Itunes deals are pretty transparent. they take 30% off the top.
So on a 9.99 album, they pay $7.00 to the label.
on a .99 song, they pay .70 to the label.
it's pretty straight forward. if the label has to go through a middle man, to get to itunes than maybe that's an additional fee... but Itunes is only taking 30%.
The label pays the publishers directly.
The label pays the artist royalties.
If someone is being told itunes is taking 50%, someone is being lied too.
Check out tune core - I think they pay 100% of what Itunes pays out, after an set-up charge and an annual flat fee.
EDIT: Itunes/Apple for their 30% has substantial costs of network servers, staff, etc. If you can run the same business on a 3% margin - people would love you! Get on that! |
No mate, iTunes take a straight 50/50 cut.
My friend runs a record label and get exactly half of his sales. Its ****ing outrageous.
