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Shocking revelation about royalties
I accidentaly stumbled onto a website that explains who royalties get paid to the artists.
http://entertainment.howstuffworks....-royalties6.htm
I was shocked by the way that the record companies control everything. And how the artists are exploited to make money for the company. First the copyright belongs to the record company, and then thre royalties have to be subtracted by this and that, and then the artists have to pay for the recording of the album, the video production costs, the promotional guy, the badnd, the crew members, the lawyers.....in the end they end up in red even though they sold millions. Totally shocking.
There was also a link on the Courtney Love's battle with the record company. I spent one hour reading the whole of her very long article. I was shocked. TLC made $175m for the record company and yet that get less than 2% of the earnings. Toni Braxton sold $188 million worth of CDs and yet she only gets 35 cents for each cd. That's truly evil!!!
http://www.indie-music.com/article.php?sid=820
So next time you shout: "go and buy the cd, support the artist', think hard who you are really supporting.
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