jameskatt2
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Apple sets up office near HQ of outgoing graphics tech supplier Imagination Technologies
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Diabetes monitor exec details Apple Watch connectivity, refutes claims of other hardware p...
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Apple hunting after lower royalties for Apple Music & iTunes content
Looks like Taylor Swift's move to let all of her songs play on Spotify - and accepting Spotify's lower payments - has caused Apple to realize what is good for the goose is good for the gander.
If Taylor Swift is OK with the lower Spotify payments, then Apple should also lower their payments to Spotify's level.
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Apple hunting after lower royalties for Apple Music & iTunes content
coolfactor said:In traditional retail, a markup of 30% by retailers is standard. But my question is — how much is the artist actually getting from that river of money? They really should get the majority portion, but I believe they only get around 5%?Out of the 70% that is paid by Apple:1. A set percentage is given to the songwriter - this is determined by law passed by Congress.2. The rest is given to the music label.The music label then gives a cut of their revenue to the artist.The music label first takes out their expenses.This includes paying the CEO, the administrative staff, the marketing staff, the cost of marketing and advertisement, the cost of the recording studio (rent, etc.), the the producers of the song, the engineers, the paid musicians, etc.Just like making a film, there are a lot of people involved in making a song.What trickles down is left to the artist.Artists who write their own songs and own their own label get to keep all of the revenue from Apple - minus their expenses.Artists who don't write their own songs and are signed to a label are actually employees of that label.The label determines how much they get paid - sometimes nothing, sometimes minimum wage, etc.The artists who complain about getting nothing are the ones who are employees of the label.So if the artists complain about getting nothing, they should complain to their lable, not Apple.Or the artists should create their own label. The smart ones do. -
Intel 'Cannon Lake' Core processor suitable for MacBook Pro, iMac likely delayed, could sl...