Saturday, November 5, 2011

A Major Label Artist Makes 8 Cents On a 99-Cent iTunes Download...

Thursday, November 03, 2011
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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