by Bram Teitelman | Jun 6, 2012 | Digital Media
So it’s pretty widely known by now that when you sell a single on iTunes, the label winds up with about 70% of the 99 cent or $1.29 price, while Apple gets the remainder. Of course by the time the label and producer take their cut, the artist gets about $0.084...
by Zach Shaw | May 22, 2012 | ...And Royalties For All
Thanks to their battle with Napster, Metallica have often been stereotyped as “greedy rockstars” who are “wealthy beyond belief.” So it might be hard to think that Metallica would do anything that wouldn’t see a return in profit. However, in an interview with Rolling...
by Zach Shaw | Oct 3, 2011 | Digital Media
Earlier today, Rhapsody announced that it had acquired Napster from Best Buy. The purchase was reportedly done to expand Rhapsody’s user base (whether Napster’s deals with labels will cross over is currently unclear). Best Buy will reportedly receive a minority stake...
by Zach Shaw | May 16, 2011 | Legal Woes
The labels and RIAA have finally won their five year battle against LimeWire last week when it was announced that the peer-to-peer file-sharing website would pay $105 million for damages they caused the industry. Though it took a while for the case to finally come to...
by Zach Shaw | Mar 14, 2011 | Label Moves, Rumors and Gossip
Warner Music Group has been rumored to be up for sale for the past few months. Seeing that they recently experienced their 8th straight quarterly loss last month, such rumors aren’t so hard to believe. However, who might be putting in a bid for the label might come as...