A Major Label Artist Makes 8 Cents On a 99-Cent iTunes Download...
by paul
That is, according to federal court documents filed Wednesday by attorneys for Chuck D. The detailed breakdown shows that for every 1,000 iTunes downloads sold, a UMG-signed artist gets paid $80.33. And that's after the label collects on a 25% 'Container Charge for Audiophile Records,' as well as a 15% 'Net Sales Deduction'.
Which means that for every one download, the payout is roughly 8.033 cents.
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