An Interest In:
Web News this Week
- April 12, 2024
- April 11, 2024
- April 10, 2024
- April 9, 2024
- April 8, 2024
- April 7, 2024
- April 6, 2024
Some of Our Sources
- BoingBoing
- Team Treehouse
- The Logo Smith
- Naldz Graphics
- Crazy Leaf Design
- Line 25
- Spyre Studios
- Freelance Switch
- Dev To
- TechPowerUp
Help Webnuz
Referal links:
July 8, 2011 02:05 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Ii2_pX0yRcs/RIAA-Math-Sell-1-Million-Albums-Still-Owe-500k
RIAA Math: Sell 1 Million Albums, Still Owe $500k
An anonymous reader writes "For all the complaints from the RIAA about 'pirates,' who are the real pirates in this scenario? Through a variety of contractual tricks, it's nearly impossible for artists signed to major labels to get paid. The article and video detail how an artist who thinks he's getting a 10% royalty is actually getting closer to 2.5% through various tricks placed in the contract. The labels, then, end up with 97.5% of the gross revenue, and anything they 'spend' on the artist continues to come out of the royalties, not the labels' cut." 
Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Ii2_pX0yRcs/RIAA-Math-Sell-1-Million-Albums-Still-Owe-500k
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot