Artist on the Rise/New Music Community Cultural Global News Hip Hop Legal Malika Love. 215malikalove Movies News & Reviews Old School Hip Hop Philly Coalition Radio Politics Radio/Music Reality Shows/ T.V, Tours

How Much Do Artists Really Earn…A Must Read For New And Independent Artist???

Is the future of the music industry leaning towards artist Independence? Reports say, the age of the digital revolution will allow artists to make more money than they could ever make with a major label. This really works in the artist favor since it gives the power back to them and cuts the chord of dependency on the record labels, they have complete creative control over their own music, artistic direction, artwork and promotions, all while keeping the largest share of the profits, not to mention the advances in digital marketing platforms give the artist and managerment the tools necessary to help them promote their music to the masses…

Raprehab breaks it down, “…If you take an artist with a major label deal but with, “low royalty points,” meaning they are a new artist and have signed an agreement entitling them to a low royalty profit on their CD sale (possibly due to not having leverage during the negotiation process) It would take the sale of 3871 units to equal a minimum wage salary. The federal minimum wage in the United States is $7.25 per hour. Let’s Let’s take a look at the info-graphic, which breaks down how many units an artist would have to sell to earn a US monthly minimum wage of $1,160

Now, let’s look at a self-pressed CD. It would take 145 units (the info-graphic says 143, but that is incorrect) to equal the same $1,160 minimum wage salary for the month (145 units x $8 profit = $1,160), A profit ratio of 27:1 in favor of the indie artist?

So a major label artist selling a Gold album which is 500K units would make roughly $149,832 if he/she is on the low end royalty scale, while the independent artist would make $4,000,000. A major label artist with a, “higher royal point,” meaning a contract more suited in his favor would make $499,562 for selling 500K units of his/her CD…”

This is a very good story filled with some insightful information especially for new and independent artist. Click here to read full story from>>> RapRehab.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Jakebreh Beats

Original Beats By JakeBreh

The Truth Show

Myths, Latest news, Conspiracies, Daily Mail, Politics , Celebrity News

93.1 WZAK

Cleveland's R&B Leader

EAST SIDE VIBES

BLOG ABOUT ALL THINGS RELATED TO MUSIC

allmusicnotescom

Giving you the latest news in R&B and hip hop.

Breaking News, Entertainment, Sports & College Life | COED

COED.com is a leading news, entertainment, sports, and lifestyle destination for millennials and beyond.

Mr. Hip Hop Guy

I live in San Diego and love hip hop!

RATINGS GAME MUSIC

Honest Reviews Of All Your Favorite Music!

Black America Web

Daily news and entertainment for African-Americans. Your one stop for all things Black America.

NewsOne

Breaking News for Black America

DFX MEDIA

Health, Science, Medicine

Grand Blog Tarkin

A roundtable of strategists from across all space and time.

Sky Dancing

a place to discuss real issues

sherights.wordpress.com/

she thinks. she says. she writes.

Aubrey Hirsch

Stories. Essays. Comics.

CBS Miami

News, Sports, Weather, Traffic and Miami's Best

PhatGyrlSnoop

Snoopin out all the hottest celebrity deets

All the hottest celebrity juice, served COLD.

All Celebrity. All the Juice. All the Time.

%d bloggers like this: