Tag: royalties
Beatles receiving direct royalties in iTunes deal
Citing "industry sources," Reuters claims that direct royalties may be part of the deal that finally got The Beatles on iTunes. According to Reuters, "superstar artists" (like The Beatles) typically get 20-25 percent of retail revenues, which would equate to between 18 to 22.5 cents per track sold ...
12 people charged in iTunes royalty fraud
I guess with all of the money flowing around iTunes, sooner or later someone would have to try to steal some of it. Twelve people have been charged in the UK with basically laundering money through iTunes -- they were allegedly uploading their own tracks onto the music sales service, then buying ...
Royalty rate stays the same, iTunes Store still open
The U.S. Copyright Royalty Board decided today to keep rates the same for digital music stores, kneecapping Apple's threat to shut down the iTunes Store rather than operate at a loss. The three-member board kept the royalty rate at 9.1 cents, and mandated a 24-cent rate for ringtones. The board has ...
iTunes UK pwns competition for artist pay
Pretend you're a struggling musician. How much money would you rather take home for each track sold? £0.70 or £0.005? Not even a close contest, is it? Jacqui Cheng of Infinite Loop writes about a huge disparity between UK music services. iTunes just totally pwns the competition when it ...
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