Music Business Economics

We recently had a fun post about Hollywood accounting, about how the movie industry makes sure even big hit movies “lose money” on paper. So how about the recording industry? Well, they’re pretty famous for doing something quite similar. Reader Jay pointed out in the comments an article from The Root that goes through who gets paid what for music sales, and the basic answer is not the musician. That report suggests that for every $1,000 sold, the average musician gets $23.40.

RIAA Accounting: Why Even Major Label Musicians Rarely Make Money From Album Sales

Mike Masnick
https://www.techdirt.com/articles/20100712/23482610186.shtml

Recoup