Member Since: 8/19/2013
Posts: 1,473
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Tik Tok becomes Best Selling Digital Single of All Time
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New website WhatTheArtistGot.com has revealed the top 10 songs that made the most revenue via digital downloads from 2002-2013, Ke$ha's Tik Tok, Black Eyed Peas' I Gotta Feeling and Adele's Rolling in the Deep taking the top spots.
Compiled by the music platform Songeist, WhatTheArtistGot.com gives the public the chance to see exactly where and to whom their money goes when they purchase a digital download.
Tik Tok and I Gotta Feeling beat revenues from the likes of Adele and Lady Gaga; selling near 15million digital copies respectively, both track's estimated revenue is £11,900,000.
However, calculations based on the conventional record industry model indicate that Ke$ha and Black Eyed Peas could have earned less than a fifteenth of this figure in royalties (£796,000).
If they had employed the Songeist model, with a flat fee of only 12p per track downloaded, they would have taken home £6million - more than seven times what the royalties for their songs accrued.
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Quote:
Artist Digital track Ave cost Revenue Artist Songeist model
sales track Got
Ke$ha 15,000,000 0.79 GBP11.9M GBP796,000 GBP6,000,00
BEP 15,000,000 0.79 GBP11.9M GBP796,000 GBP6,000,000
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Kesha, as of this year, has sold just over 15 million downloads of her debut single Tik Tok surpassing The Black Eyed Peas I Gotta Feeling which has also sold around 15 million copies. Ke$ha received 1.2 million USD for the single making it the most successful digital single monetary wise in history.
http://www.sys-con.com/node/3045164
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