Your Ad Here Your Ad Here
Results 1 to 4 of 4

Thread: More Insentive To Hate Riaa

  1. #1
    For those of you who don't know, RIAA rips off its artists too . heres some numbers. This was written Steve Albini, an independent and corporate rock record producer most widely known for having produced Nirvana's "In Utero". Full article here http://www.negativland.com/albini.html
    From this point on, its all copy paste.

    income is bold and underlined, expenses are not.

    Advance: $ 250,000
    Manager's cut: $ 37,500
    Legal fees: $ 10,000
    Recording Budget: $ 150,000
    Producer's advance: $ 50,000
    Studio fee: $ 52,500
    Drum Amp, Mic and Phase "Doctors": $ 3,000
    Recording tape: $ 8,000
    Equipment rental: $ 5,000
    Cartage and Transportation: $ 5,000
    Lodgings while in studio: $ 10,000
    Catering: $ 3,000
    Mastering: $ 10,000
    Tape copies, reference CDs, shipping tapes, misc. expenses: $ 2,000
    Video budget: $ 30,000
    Cameras: $ 8,000
    Crew: $ 5,000
    Processing and transfers: $ 3,000
    Off-line: $ 2,000
    On-line editing: $ 3,000
    Catering: $ 1,000
    Stage and construction: $ 3,000
    Copies, couriers, transportation: $ 2,000
    Director's fee: $ 3,000
    Album Artwork: $ 5,000
    Promotional photo shoot and duplication: $ 2,000
    Band fund: $ 15,000
    New fancy professional drum kit: $ 5,000
    New fancy professional guitars [2]: $ 3,000
    New fancy professional guitar amp rigs [2]: $ 4,000
    New fancy potato-shaped bass guitar: $ 1,000
    New fancy rack of lights bass amp: $ 1,000
    Rehearsal space rental: $ 500
    Big blowout party for their friends: $ 500
    Tour expense [5 weeks]: $ 50,875
    Bus: $ 25,000
    Crew [3]: $ 7,500
    Food and per diems: $ 7,875
    Fuel: $ 3,000
    Consumable supplies: $ 3,500
    Wardrobe: $ 1,000
    Promotion: $ 3,000
    Tour gross income: $ 50,000
    Agent's cut: $ 7,500
    Manager's cut: $ 7,500
    Merchandising advance: $ 20,000
    Manager's cut: $ 3,000
    Lawyer's fee: $ 1,000
    Publishing advance: $ 20,000
    Manager's cut: $ 3,000
    Lawyer's fee: $ 1,000
    Record sales: 250,000 @ $12 =
    $3,000,000
    Gross retail revenue Royalty: [13% of 90% of retail]:
    $ 351,000
    Less advance: $ 250,000
    Producer's points: [3% less $50,000 advance]:
    $ 40,000
    Promotional budget: $ 25,000
    Recoupable buyout from previous label: $ 50,000
    Net royalty: $ -14,000

    --------------------------------------------------------------------------------
    Record company income:


    Record wholesale price: $6.50 x 250,000 =
    $1,625,000 gross income
    Artist Royalties: $ 351,000
    Deficit from royalties: $ 14,000
    Manufacturing, packaging and distribution: @ $2.20 per record: $ 550,000
    Gross profit: $ 7l0,000

    --------------------------------------------------------------------------------
    The Balance Sheet: This is how much each player got paid at the end of the game.

    Record company: $ 710,000
    Producer: $ 90,000
    Manager: $ 51,000
    Studio: $ 52,500
    Previous label: $ 50,000
    Agent: $ 7,500
    Lawyer: $ 12,000
    Band member net income each: $ 4,031.25

    The band is now 1/4 of the way through its contract, has made the music industry more than 3 million dollars richer, but is in the hole $14,000 on royalties. The band members have each earned about 1/3 as much as they would working at a 7-11, but they got to ride in a tour bus for a month. The next album will be about the same, except that the record company will insist they spend more time and money on it. Since the previous one never "recouped," the band will have no leverage, and will oblige. The next tour will be about the same, except the merchandising advance will have already been paid, and the band, strangely enough, won't have earned any royalties from their T-shirts yet. Maybe the T-shirt guys have figured out how to count money like record company guys. Some of your friends are probably already this fucked.

  2. File Sharing   -   #2
    Very informative! Thank you! I've been writing papers on this whole episode between the RIAA and P2P.

  3. File Sharing   -   #3
    Member
    Join Date
    Sep 2003
    Location
    Glendale
    Posts
    22
    Nice....... i've been wondering about this stuff for a while... B)

  4. File Sharing   -   #4
    Rat Faced's Avatar Broken
    Join Date
    Aug 2002
    Location
    Newcasil
    Age
    52
    Posts
    9,076
    Remember this is an "Advance".

    If its all a flop.......they still have to repay that money i believe.

    An It Harm None, Do What You Will

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •