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| subject: | iTunes income substantial for music partners |
From: "Rich Gauszka" http://www.macworld.co.uk/news/index.cfm?RSS&newsID=17997 Apple's iTunes service dominates online music retail, the latest figures from aggregator Digital Music Group (DMG) confirm. The figures emerge as UK labels have begun articulating their compaints at the level of payment they receive from online music services other than iTunes. Speaking on condition of anonymity, one independent label owner praised iTunes because the service hands over the most of the 79-pence per track sale price directly to the label - but is furious at the kind of revenue he's generating through other online services. The label head's comments don't consider the slice of income that's handed across to music publishers, but he's pretty clear that iTunes offers his acts the better deal. "For everything sold on iTunes, we get the majority of the 70-79p per unit sale price," he said, then added: "But for everything sold on the Ruckus Network we receive the princely sum of œ0.005 per unit. That's half a pence. My distributor then takes their 25 per cent off of that, leaving myself and the artists to dish up the remaining fractions of a penny between us." It's not much better through Real Networks, he informed - for sales through that service, his label receives a penny per track, he claimed. The thousand tracks sold so far have accrued œ10 to the label (to share with the artists) rather than, "the œ790 or so we'd have got for the same amount of sales through iTunes." iTunes also drives business at international distributor of independently-owned music and video catalogues, DMG. --- BBBS/NT v4.01 Flag-5* Origin: Barktopia BBS Site http://HarborWebs.com:8081 (1:379/45) SEEN-BY: 633/267 @PATH: 379/45 1 633/267 |
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