Thursday, October 14, 2004

Behind The Music

If you've ever wondered why musicians seem to come and go with the tides, I've finally got an answer for you. Okay, well Rolling Stone has the answer, I'll just link to the story:

"This breakdown of the cost of a typical major-label release by the independent market-research firm Almighty Institute of Music Retail shows where the money goes for a new album with a list price of $15.99."

$0.17 Musicians' unions
$0.80 Packaging/manufacturing
$0.82 Publishing royalties
$0.80 Retail profit
$0.90 Distribution
$1.60 Artists' royalties
$1.70 Label profit
$2.40 Marketing/promotion
$2.91 Label overhead
$3.89 Retail overhead