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Looper's Delight
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On Mar 31, 2013, at 10:25 AM, Mark Hamburg wrote: > On Mar 26, 2013, at 11:36 AM, Matt Davignon wrote: > >> So far, the deal seems pretty good. You set your own prices. The site >> takes 15% of digital sales and 10% of physical media sales. The rest >> goes to the artist. (Compare this to iTunes, where the artist gets >> about $1 out of a $6 download.) The artist portions go directly to your >> paypal account. Rather than take 10-15% of each sale, they set it up so >> that most sales go 100% to the artist, but 1/10 of the sales will go >> 100% to bandcamp. > > Ancient (2006) numbers, but the breakdown on iTunes used to be: > > "Currently, for a 99-cent song, 72 cents goes to the label, and 8 cents > to the publisher, leaving Apple's per-song profit margin at 19 cents per > song, he said." > > http://www.washingtonpost.com/wp-dyn/content/article/2006/03/03/AR2006030301852.html > > So, yes, Bandcamp is better for artists. > > In Apple's defense, they aren't there to serve musicians. They are there > to serve the people buying music and their focus is on making that > process work well. Bandcamp becomes yet one more place to entrust with > your credit card number. I suspect that Tower Records, when it existed, > got a similar cut. So, if it were just about the distributor cut, what > Apple would essentially be offering is a better, broader distribution > channel (more potential sales) but with a higher margin. > > On the other hand, that still leaves the musician figuring out how much > of the remaining 80% he or she can get. Apple hasn't set themselves up > to deal with independent musicians so the musician is left with record > labels serving as middle men. So, what's the current feeling on TuneCore v CDBaby for iTunes and other distribution? Mark