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Pornwolf · 07-10-2002, 03:13 PM

This is a case where both parties are wrong. The labels have been unjustifiebly charging people $12.98-$19.98 for items that are 900% cheaper to make than 15 years ago even though a full Vinyl L.P. was only 7.98. That's indirect theft. The people are outright stealing music but both parties are still wrong.

Now, if you wanna hear the worst part of it all listen to this...

Artists are paid an average of 12% of the wholesale costs of an album. Not a CD (which has a higher wholesale cost). So normally when a record is sold at wholesale cost to a store at $8.98 the artist is still getting paid as if it was a vinyl LP being sold at $5 so on average a new artist only makes about .60 cents a record which increases slowly with more albums sold. I don't even want to get into how much money the record companies take out for other stuff.

So in the end, artists are getting fucked both ways. What needs to happen now is for artists to figure out how to go directly to the consumer since the labels fucked up way of doing business is slowly ending. It could be good in the end.

But what I'm really saying is... don't sympathize with the labels!

07-10-2002, 03:13 PM
Pornwolf Drunk and Unruly Join Date: Jan 2002 Location: Hollywood Posts: 22,712	This is a case where both parties are wrong. The labels have been unjustifiebly charging people $12.98-$19.98 for items that are 900% cheaper to make than 15 years ago even though a full Vinyl L.P. was only 7.98. That's indirect theft. The people are outright stealing music but both parties are still wrong. Now, if you wanna hear the worst part of it all listen to this... Artists are paid an average of 12% of the wholesale costs of an album. Not a CD (which has a higher wholesale cost). So normally when a record is sold at wholesale cost to a store at $8.98 the artist is still getting paid as if it was a vinyl LP being sold at $5 so on average a new artist only makes about .60 cents a record which increases slowly with more albums sold. I don't even want to get into how much money the record companies take out for other stuff. So in the end, artists are getting fucked both ways. What needs to happen now is for artists to figure out how to go directly to the consumer since the labels fucked up way of doing business is slowly ending. It could be good in the end. But what I'm really saying is... don't sympathize with the labels!