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99% of labels offer 40 to 50 percent royalties, by default. Bonzai/Banshee Worx default contract is what you stated, physical singles & albums: 16 % digital downloads: 25%. You have to negotiate to get more. Good thing about Bonzai, their reputation is good, and they have a huge following. It's still hard to sell tracks, but at least with a well established label you have a fighting chance. People will at least take a listen.
Storyteller, I'm real interested in knowing what your business model idea is. I've had an idea in mind for quite a while. It might already be in use somewhere. The best model, seems to me, is to give tracks out for free. Have sponsors support the label with adds on the label's site. Some of the money from the sponsors would be set aside for the artists, and each artist gets a certain percentage for each track sold. This is probably the model of the future, when people don't buy music anymore.
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