Quote:
Originally posted by Retro
Well see, the point you and many others are missing that is made by people who are frustrated with the streaming business model is that the labels aren't paying their artists enough from streams and that this isn't affecting Katy Perry, it's affecting low-sales career musicians who need their royalties to make a living! But never mind them, right? It's just Katy Perry worrying she's getting ever dollar and cent that she can. As long as it helps the industry as a whole nevermind about this including label execs' paychecks or anything amirite!
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Gurl, sales have never been artists main source of money. Touring & merchandising >>>>
For example Gaga: She sold ~40m albums WW (w/ TEA). How many she gets?
40m minus packaging deduction (20%) = 32m
Standard PPD price: $7.5
Label income: $240m
Gaga's royalty 22% (let's say): $53m
(don't forget about producers' and manager's fee)
And touring? Gross: $520m
Her income: $520m * 34% = ~$170m