How Recording Companies "con" Music Artists (also deals with file sharing)
Date Submitted: 10/03/2004 01:33:32
The following is a testament to how recording labels are able to swindle artists that are conned into signing them.
Advance: $ 250,000 Manager's cut: $ 37,500 Legal fees: $ 10,000 Recording Budget: $ 150,000 Producer's advance: $ 50,000 Studio fee: $ 52,500 Drum Amp, Mic and Phase "Doctors": $ 3,000 Recording tape: $ 8,000 Equipment rental: $ 5,000 Cartage and Transportation: $ 5,000 Lodgings while in studio: $ 10,000 Catering: $ 3,000 Mastering: $ 10,000 Tape copies, reference CDs, shipping tapes, misc. expenses: $ 2,000 Video budget: $ 30,000 Cameras: $ 8,000 Crew: $ 5,000 Processing and transfers: $ 3,000 Off-line: $ 2,000 On-line editing: $ 3,000 Catering: $ 1,000 Stage and construction: $ 3,000 Copies, couriers, transportation: $ 2,000
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Sony, EMI, UMG, Time Warner, & BMG).
If there were ways to control the giant record companies, people wouldn't find the need to download, instead they could buy quality CDs at a reasonable price.
Bibliography (condensed version) http://www.negativland.com/albini.html http://dir.salon.com/tech/feature/2000/06/14/love/index.html?pn=1 http://abcnews.go.com/sections/business/Entertainment/forbes_concertcash_030711.html http://www.downhillbattle.org http://www.boycott-riaa.com/ http://www.eff.org/
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