JAY Z REASONABLE DOUBT VINYL FLAC MOVIE

(How a bidding-war band sells a million copies of its debut record is another rant entirely, but it's based on any basic civics-class knowledge that any of us have about cartels. The record is a big hit and sells a million copies. That's $45,000 to live on for a year until the record gets released. That leaves $350,000 for the four band members to split. They pay $25,000 each to their lawyer and business manager. They pay $100,000 to their manager for 20 percent commission. They spend half a million to record their album. It starts off with a band getting a massive $1 million advance, and then you follow the money: and the actual artists make absolutely nothing. Going back ten years ago, Courtney Love famously laid out the details of recording economics, where the label can make $11 million. Of course, it's actually even more ridiculous than this report makes it out to be. Here's the chart that the article shows, though you should read the whole article for all of the details: That report suggests that for every $1,000 sold, the average musician gets $23.40. Reader Jay pointed out in the comments an article from The Root that goes through who gets paid what for music sales, and the basic answer is not the musician. So how about the recording industry? Well, they're pretty famous for doing something quite similar.

JAY Z REASONABLE DOUBT VINYL FLAC MOVIE

We recently had a fun post about Hollywood accounting, about how the movie industry makes sure even big hit movies 'lose money' on paper.

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