[kj] What? Records:
Stephen Robinson
heiferboy at robinsonworld.freeserve.co.uk
Sun May 6 07:32:22 EDT 2012
In Cythera red vinyl numbered 12" single £16.99, postage (with another
LP) £6.
If they're loosing money on the single they're incompetent.
> 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.
>
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