Quote:
Originally posted by WOLFGIR:
Yorick, a small question; how much do you pay for a CD in Australia? And how much of that goes to the artist? I am a bit intrigues since following the numbers crunched down here in Sweden, the biggest thief of the artis's profit is the company that releases their album here...
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CDs are $20 - $30 AUD and an artist may see $3. The writers share is around $3 or so as well.
The biggest thief is the mp3 filesharer who doesn;t give ANYTHING to the artist. At least the record company give 8 - 15% to the artist AND pay for the record, AND give them money to live on while they are making the record (advances)
Loans require interest do they not? Who gives money upfront at huge risk, and doesn't require profits to cover that risk?
Records are huge risks.
Artists also have the CHOICE not to sign record deals. We do sign them KNOWING how much we are getting, and offset royalties against the size of the advance. The bigger the advance the lower the royalty. For artsist that are a "sure thing" they obviously have bigger negotiating power.
CHOICE. Mp3 thieves remove our choice and decide for us that we can't enter into a legal agreement with someone who bankrolls our records.