Saturday, April 26, 2014

There's probably a lot to be made in creatively writing contracts. For the artist, not so much.

A Grammy nominated artist shares his royalty statements and the numbers are not thrilling.
Here’s a screen capture of my quarterly royalty statement.  14,227 performances of music (almost every track 100% owned by me) generated $4.20.  Notice one performance of “Ceremonies” or “Distant Lands” streaming radio show like Hearts of Space that brings in 26 cents for the full writer’s share compared to 2,088 performances of “Gypsy Rain” on Spotify that brought in a total of 60 cents.
Someone’s making money, and in true fashion with the music industry, it’s not the artists.  Business practices like this are one of the reasons I jumped ship and only write for television now.

See the statements at the link.

No comments: