[BC] Virgin Megastores to close
Broadcast List USER
Broadcast at fetrow.org
Sun Mar 8 01:56:15 CST 2009
I DON'T doubt this is close to correct, however, you have to look
CLOSELY ath the first 71¢.
SOME artists may get none of this.
Some may get MOST of this.
MOST get somewhere in between.
Do you think U2 gets NOTHING the label's cut of anything. Come on!
On Mar 7, 2009, at 6:00 AM, broadcast-request at radiolists.net wrote:
> From: "Dana Puopolo" <dpuopolo at usa.net>
>
> Someone did!
>
>> From every Itunes 99 cent sale, 71 cents goes to the label, 8
>> cents to the
> artist(s), 6 cents to the credit card processor and Apple gets the
> rest. With
> their 14 cents, Apple has to do all the marketing, all the
> bookkeeping,
> provide all the bandwidth, servers. etc., pay all their employees
> and and
> supply all the customers. Apple claims thay only make a couple cents
> profit-but claims that Itunes is a loss leader for their iPods,
> their real
> moneymaker.
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