Recording Deals In The Digital Age
cascadefx writes "There is a really interesting panel wrap-up over at the National Association of Recording Industry Professionals's website. The Incredible Shrinking Profit Margin panel discussion looks like it included some interesting discussion into the deals that are made with performers now that the rules have changed. These notes offer interesting (perhaps hopeful) business predictions about Britney Spears' career as well as answering the (new)-age-old question about just how much an artist makes off of an iTunes download. Check it out."
Slightly offtopic since this is not mentioned in the article at all, but since we're talking about recording deals...
;p
Don't buy music from sites like the iTMS or Napster. Ever. According to this article French Apple enthusiast site Mac Bidouille, support personel (eg dancers, clip director, sound techs etc) are not getting their cut from legal online sales.
The reason? Record labels are unwilling to change their contracts, which ties royalties to the sales of physical media, not the song itself. That's outrageous. That's outright theft, pure and simple.
(Article is in French. Grab a translation here.)
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