Cosign


RIAA and Apple Want to Cut Artist Royalties
February 6, 2008, 4:43 pm
Filed under: Uncategorized | Tags: , ,

You make music, you distribute/promote it online for free to try to get exposure, then you put out an album. THEN you have to deal with record sale loss from illegal fire sharing. And now you have to deal with more rich record execs taking the remaining money you could get through royalties from downloads from Apple’s iTunes store.

NO INDEPENDENT ARTIST CAN SURVIVE WITH 4% ROYALTIES.

Gizmodo writes:

“The RIAA always claims that its looking out for the livelihood of artists when it sues the hell out of alleged pirates, but in reality it’s really fighting to keep record industry executives rich by defending an outdated and unsustainable business model. While before the PR team at least made an attempt to make it seem like artists were priority #1, they seem to have given up: the RIAA is now trying to cut down artist’s royalties on digital downloads.

Yes, the RIAA doesn’t think the record companies are making enough and that musicians are clearly making too much. I mean, they get 13% now. Like they deserve 13% for writing and creating the music that people are paying for. Hogwash! Someone had to, you know, encode it. That’s worth at least 40%. And hey, these shoes don’t shine themselves! So they’re pushing to get that rate cut down to a shameful 9%, giving artists even less of a slice of the pie than before.

Of course, Apple, Napster and other large online retailers make the RIAA look like a charity in comparison, with Apple pushing to cut the royalty rate down to an insulting 4%. Yes, Apple wants artists to get a 4% of wholesale royalty rate. Really looking out for those artists, aren’t you Steve?

If there was ever a time for a band to try going completely independent, this is it. Why give over 90% of your income away to greedy sleazebags when you can sell your music online without the middleman? This industry needs to be burned to the ground and built back up again; it’s broken and it seems less and less likely that it’ll be able to be fixed.”

Read about the complete situation here.

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2 Comments so far
Leave a comment

yo man, itunes does not cut you a 4% rate or anything near that. do a little homework before you publish another predictable anti-riaa diatribe, man! come on with this shit. people with direct deals on itunes get more like 70%. if you get less it’s because you go through a digital distributor who takes a cut. that has nothing to do with riaa or itunes.

as for the riaa suing, “alleged pirates”? alleged?? call a spade a spade. if people are copying your shit and selling it, posting it, trading it, that’s piracy. that’s the definition of it.

this article is just plain DUMB.

Comment by Guy

thanks for your comment. i’ll relay a follow-up post soon.

Comment by cosign




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