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View Full Version : Recording artists "Lit" will not see a dime from the iTune...


MacBytes
Nov 6, 2003, 03:56 PM
Category: Tunes
Link: Recording artists "Lit" will not see a dime from the iTunes Music Store... (http://www.mtv.com/news/articles/1480172/20031104/story.jhtml)

Posted on MacBytes.com (http://www.macbytes.com)

Approved by Mudbug

Flowbee
Nov 6, 2003, 04:08 PM
Quote goes on to say "...because bands don't see a dime from record companies anyway."

This is much more a criticism of the recording industry, rather than the iTMS specifically.

Title of this thread is a little misleading.

ALoLA
Nov 6, 2003, 04:15 PM
Yeah, this thread title is misleading. Also, I haven't checked the band's own website, but if they're doing this themselves, I suspect they'll get burned in the end. It probably would've been better for them to take the indie route on iTunes. :)

innervision
Nov 6, 2003, 06:22 PM
good, their "music" sucks anyways.

mrsebastian
Nov 6, 2003, 06:28 PM
"HOLLYWOOD The band best known for asking "Can we forget about the things I said when I was drunk?" is posing a more serious question. Can we forget about iTunes?"

i know we are all freaks about anything even remotely related to news about apple, but this has nothing to do with apple. a creative line by a journalist is not apple news.

Mr.Hey
Nov 6, 2003, 06:52 PM
Apple doesn't see a dime from selling music files anyways ;) so they're in the same boat. Just sign up with one of the many independent labels on iTMS and shut up.

nuckinfutz
Nov 6, 2003, 07:15 PM
1. Misleading thread title

2. Obvious slander and bias from writer of the article against iTunes

Not good :(

corradokid
Nov 6, 2003, 07:16 PM
Originally posted by Mr.Hey
Apple doesn't see a dime from selling music files anyways ;) so they're in the same boat. Just sign up with one of the many independent labels on iTMS and shut up.

Uhh, Apple sees 34

http://www.macbytes.com/link.php?sid=20031105120042

Sikntwstd8
Nov 6, 2003, 07:41 PM
Actually it does have to do with iTunes...because RCA is keeping their music on iTMS, and they WON'T see a dime from any of those sales...

Flowbee
Nov 6, 2003, 08:12 PM
Originally posted by nuckinfutz
2. Obvious slander and bias from writer of the article against iTunes

Not good :(

Could that have something to do with MTV planning their own music download service?? Hmmm...

[Also - I should mention here that Mudbug generally does a fine job of bringing these articles to our attention. The only reason I brought up the misleading thread title in the first place was to save people the trouble of reading the article, not to criticize the original poster.]

Jerry Spoon
Nov 6, 2003, 11:42 PM
Wonder how much it will end up costing them to host that music and sell it off of their site. Definitely something.

billyboy
Nov 7, 2003, 05:16 AM
Originally posted by Sikntwstd8
Actually it does have to do with iTunes...because RCA is keeping their music on iTMS, and they WON'T see a dime from any of those sales...

How bands get paid has little to do with the store that sells the music.

It appears that bands do get royalties on every CD sold (apart from music club 10 for 1 deals) Across the "majors" industry it is about 10 to 17% give or take proven accounting malpractice! I dont know what the percentage is on downloads, in theory it shouldnt be any different, but I stand corrected if necessary.

However, the bands who say they dont get a dime in royalties are undoubtedly not selling anything.

Bands who sell and say they are not earning anything from music are just neglecting to say that they have no money "in their hand" - probably because at that point in time they are still paying off the advances paid to them by the record company. Some bands, maybe lots, are getting underpaid, but no royalties appearing in their account with a record company? - highly unlikely.

Genie
Nov 9, 2003, 01:11 AM
Bands don't see royalties because of "recoupment" - which means the label spends money recklessly on the records and videos and then charges that money back from artist's royalties.

It's why I no longer record for Warner Brothers.