If the wonderful world of artist royalties is a mystery to you, you should really just pick up a copy of Donald Passman’s All You Need To Know About The Music Industry and learn information critical to an artist or anyone looking to get in the business.
The basics are actually a lot less complicated than you think – just a bunch of subtracting from a CD’s final sale price to come up with the measly buck or two that make their way to the artist. But if you hate all that readin’ and would rather hear it straight from an old fogey, former Megadeth bassist Dave Ellefson dove into the subject during his Rock Shop podcast this week:
[youtube]http://www.youtube.com/watch?v=R9dmQ-Ar7ec&feature=player_embedded[/youtube]
[Via Metal Injection]
