[kj] What? Records:

[Rheinhold Squeegee]

Respectfully, this is not my first time at the rodeo. 
 
My original comment around the band generating revenue was meant sarcastically and I never stated they were making money from the single, only that they weren't losing money from it. I am familiar with the fee structures for most label releases; this is a good reason why vinyl reissues and special editions have become a mainstay of older acts looking to make a living, rather than a million: because they will get some money, instead of none. And also why 50+ year-old men still make the club rounds flogging tshirts rather than sitting on the beach sipping cocktails subsidized by their generous royalty checks.
 
To your point, however: the Pledge Music (not-quite-yet-a debacle) would appear to have generated a total somewhere north of 25,000BP, based on the total number of pledges and less production costs. This is far better than they ever could have done with Spinefarm, or by rummaging through Youth's settee cushions for spare change.
 



From: rob.moss at gmx.com
Date: Wed, 25 Apr 2012 18:21:15 +0100
To: gathering at misera.net
Subject: Re: [kj] What? Records:



But this is a common misconception. Sorry. Not meaning to pick on you. 


But. 


That £5 goes to what records. Not KJ. What records pay 20% vat. So that's £1 off. Then they have to make money. So maybe another £1 as retailer. Then Spinefarm have to press it and distribute it. £1. And colesy gets paid for artwork. So, there is probably less than £2  that has to give Spinefarm a profit and the band some money. 


On a standard release at £15 in the shop the retailer will probably pay £8. The distribution get 20-25%. The band get about 14% on the dealer price of £8. About £1. Between 4. And the management get 20% of that!


Believe me. As someone who has released 3 albums and never received a penny. The band does not make money at this!


That is why pledge, for all it's faults, is a good deal for the artist. Always try and buy music from the artist website. It makes a hell of a difference. 







On 25 Apr 2012, at 17:56, Rheinhold Squeegee <kjlist at live.com> wrote:







Well, I was speaking with tongue planted firmly in cheek, but the single wasn't self-released, it was a licensed limited edition of 200 (mine is #87). At 5BP each, there is only the potential to generate $1000BP, so nobody is getting rich but I doubt the band lost money on the deal. Its not like they're selling it for less than it cost to produce, even taking studio costs for "Penny Drops" into account.
 
I wasn't criticizing KJ; they're doing what every other band in their position does on a regular basis: sell special editions in multiple formats to hardcore fans.




Date: Wed, 25 Apr 2012 17:58:16 +0200
From: rob.moss at gmx.com
To: gathering at misera.net
Subject: Re: [kj] What? Records:

Seriuosly, you don't think the band make money out of that do you?

90% of what you described has nothing to do with the band. They will have lost money on that single release.




 

----- Original Message -----
From: Rheinhold Squeegee
Sent: 04/25/12 04:31 PM
To: Gathering Gathering
Subject: [kj] What? Records:


Just got my single and album from What Records yesterday (ship date was 4/14). All arrived intact and in good order, although the CD was unwrapped, which I thought odd.
 
If anyone is still wondering how the band generate revenue short of Youth loaning them all a daily fiver: the single contains exactly one unique tune ("Penny Drops"). This cardboard-sleeve single cost me $8.50US, plus another $4US for shipping.
 
In all, I paid app. $13US for one song. I don't even want to think about what that one song cost the people who also bought the vinyl.
 
At least "New Uprising" will only set me back a dollar, assuming they get their digital distribution issues resolved.
 
I can't even say it without laughing...
 
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