Quote:
Originally Posted by DaneMcCloud
Okay, you need to go back and re-read everything I've written.
In short, the Publishing rate per song pre-1971 was 2 cents and the band received 75% of that. That's peanuts. Albums cost anywhere from $2.99-$5.99 and the band only received 14% of the sale price.
The Statutory Rate and Artist Percentage doesn't change when the Stat Rate changes. It only changes when there's a Re-Mastered Edition released to the public, which is why so many Remasters of Classic Artists are issued every few years.
Once again, Led Zeppelin didn't allow their music to be used in film, TV or advertising until 1999. They've probably earned in excess of $20 million in sync fees and performance royalties since then but had zero sync income before that.
I'm not going to re-hash everything I've explained, so please read everything and if you still have questions, I'll be happy to answer them.
|
Oh I am sure you are correct-but when you look at the overall picture-it makes no sense. An active touring band (biggest in the world) selling records as fast as they can print them, while selling out night after night-makes less in a Majority of their career...
then a retired band- selling a fraction of units while being slowly forgotten by a new generation.
It is no wonder why a band like Rush-sells their entire portfolio for a lump sum. David Bowie did this too I think.
I am sure this goes for the Stones as well-who sold most of their records decades ago-but probably make far more money now.
Thanks for posting all the info-it is very interesting!