How Much Do Musicians Really Make From Record Deals?
by Big Al on Monday, August 2nd, 2010 | 5 Comments
This is a great breakdown of the current record deal math done by Cord Jefferson at The Root.
By the math in the article, the average “signed” musician makes $23.40 for every $1,000 of revenue earned by the label.
Think about it in terms of downloads.
Get signed to a label, and sell 1,000 downloads in your first week of release. That’s still pretty respectable for most acts, and can even get you on some charts.
With a coupon code, you can now have two pizzas delivered from Papa John’s.
So why bother? What can a record deal do for you that you can’t put together yourself?
Food for thought. Leave a comment. Tell me what you think.
Source: Spinme.com
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Which is precisely why we started an artist friendly label. It could be argued that it’s too artist friendly for us to survive, but our artists get 1/3 of receipts from the moment the first CD or download is sold.
Joe Brown, producer
One Horse Records
The only real reason to be signed these days is for some help with marketing and distribution. Unfortunately most of the large labels are still charging way too much for those services.
Big Al,
I didn’t know you had this website. Cool. What a great post. I’ll have to mention this and your site in the next podcast.
Hey Big Dave! Thanks for stopping by! Come again soon.