View Single Post
Old 03.25.2009, 06:39 PM   #23
demonrail666
invito al cielo
 
demonrail666's Avatar
 
Join Date: Feb 2007
Posts: 18,509
demonrail666 kicks all y'all's assesdemonrail666 kicks all y'all's assesdemonrail666 kicks all y'all's assesdemonrail666 kicks all y'all's assesdemonrail666 kicks all y'all's assesdemonrail666 kicks all y'all's assesdemonrail666 kicks all y'all's assesdemonrail666 kicks all y'all's assesdemonrail666 kicks all y'all's assesdemonrail666 kicks all y'all's assesdemonrail666 kicks all y'all's asses
Quote:
Originally Posted by SuchFriendsAreDangerous
fe real. A platinum album barely generates $500,000 in royalties before splitting three ways.. and further, people forget that WHITE PONY came out nearly a DECADE ago.. so that is roughly 100,000-150,000 album sales a year... not very much profit for the band there when unit royalties tend to be..

"Currently, the statutory rate is $.08 for songs five minutes or less in length or $.0155 per minute for songs that are over five minutes long. So, for example, a song that is eight minutes long would earn $.124 for each recording sold."

"So, here is how it looks so far. Let's say a CD sells for $15. Right away we deduct 25% from that for packaging, which makes the royalty base $11.25. Now let's say our artist has a 10% royalty rate and that his CD sells one million copies. That sounds great! The artist would earn $1,125,000! Except 10% of those were actually freebies, so we really have to calculate that royalty based on 900,000, which makes the royalty $1,012,500, and of course, there are few costs we haven't talked about yet. "


 

OK, so let's assume that he earned the equivalent of an average professional, like a teacher or a doctor. If he can't afford hospital bills with that kind of a wage then instead of donating money to pay his bills maybe a better option would be to start a riot on capitol hill demanding reasonable healthcare at an affordable price.
demonrail666 is offline   |QUOTE AND REPLY|