Friday, November 4, 2011

Royalty Realities When Signed to a Major

Most artists want to get signed to a major label. What they don't know is the harsh realities of being signed to a major. There is a reason they are majors...they make big money. I commonly get asked questions about royalties and how our rates fare against the rest of the industry. The truth is a can confidently say that I haven't seen rates as high as ours anywhere. In the end it is up to the artist to decide if they believe me or not. Unfortunately most artists don't take the time to go to reliable sources to find out for themselves. The following link is to a great article that breaks down what an average artist on a major label makes on digital download sales. It is quite eye opening. Please keep in mind as you read this that these numbers do not take into account the artists that have not recouped (paid the label back for their investment) and are making far less and often times nothing. Compare these rates to the 50% TMG pays out.
http://www.digitalmusicnews.com/permalink/2011/111103labelpays?utm_source=twitterfeed&utm_medium=twitter