UK Denies 50 Year Copyright for Music
Posted by Jeff on Jul 24th 2007, 14:31
TechCrunch is reporting that the United Kingdom has rejected a push to extend music copyrights beyond 50 years, to 70 years. The main reason for this decision? This graph.
Basically, in the new age of music downloads, record companies get more per song sale than they did in the old model of CD sales. More money? You've got to be kidding me.
Here at TuneShout, this is how we distribute the money we receive from a sale of an average track/album sale.
As you can see the artist makes the most, followed by us next to cover site management, development and bandwidth & hosting costs. ~10% goes to the credit card processor, but this number varies on the total dollar amount of the order.
In any event, though, I think we offer artists a much better deal than they can get elsewhere. While making money may not be the most important thing to an artist, our figures show we care about the artists' well being more than your average record company.
Basically, in the new age of music downloads, record companies get more per song sale than they did in the old model of CD sales. More money? You've got to be kidding me.
Here at TuneShout, this is how we distribute the money we receive from a sale of an average track/album sale.
As you can see the artist makes the most, followed by us next to cover site management, development and bandwidth & hosting costs. ~10% goes to the credit card processor, but this number varies on the total dollar amount of the order.
In any event, though, I think we offer artists a much better deal than they can get elsewhere. While making money may not be the most important thing to an artist, our figures show we care about the artists' well being more than your average record company.