The RIAA negotiates to CUT artist Royalties.

No RIAA

I’m sure this is not the first time the RIAA has done this, but now that the company is under constant scrutiny by the net press we see a clear view of who these people really represent. Apparently the going rate for today’s artist is 13% and the RIAA is arguing in negotiations currently happening it should be lowered to 9%.

What the hell is going on here? 9%? For the person who created the music and lyrics? When we are talking about music sales aren’t we talking about the selling the music and lyrics?

Yes, the RIAA doesn’t think the record companies are making enough and that musicians are clearly making too much. I mean, they get 13% now. Like they deserve 13% for writing and creating the music that people are paying for. Hogwash! Someone had to, you know, encode it. That’s worth at least 40%. And hey, these shoes don’t shine themselves! So they’re pushing to get that rate cut down to a shameful 9%, giving artists even less of a slice of the pie than before. – gizmodo.com

If your a musician you need to stay independent. There really is little reason to get into bed with any major label. If your music is great and you promote yourself online aggressively, fans will find you and over the long tail you will make your money. You don’t even have to give Apple or Amazon a cut if you don’t want. Install your own online store like the Easybe.com or WP e-Commerce store.

photo credit: sandrino

This entry was written by Oliver Chesler, posted on February 6, 2008 at 12:53 am, filed under business, political and tagged , . Bookmark the permalink. Follow any comments here with the RSS feed for this post.

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7 Responses to “The RIAA negotiates to CUT artist Royalties.”

  1. Kent Sandvik says:

    Yes, absolutely. If you can control your destiny, do so. It is very sad that RIAA has to find a revenue source from artists, musicians and song writers, instead of creating new markets to make win-win-win situations. Only bad results will come from this.

  2. Marcus says:

    Agreed,since we get to ear the bad results daily don’t we?
    Unfortunately I’m not at all informed how much the Creator of it all gets but from what I read it’s more than just a rip-off towards the Creator.I think 13% are in noway acceptable and I wont even start about the 9%…Jeez,a Hoe gets a better cut from her Pimp…
    To me,the Future of spreading the word-in-tone is for sure over the net and I’d rather not buy a record\cd\dvd if the actual person I’m trying to support only gets a fraction of what he should get…AAhh these greedy f*cks…!

  3. Pete says:

    My response was lost. Is it because I used HTML in my reply?

  4. Hi Pete. I’m not sure why. I didn’t delete it or anything. And since you have posted here before and your not a spam bot I don’t even have to approve, your posts automatically show up. I’ve added simple html links and images tags before in comments and they worked. I hope you didn’t loose too much text!

  5. Pete says:

    Oddly enough, I retyped my reply, without html, and it was eaten again! Maybe I simply posted too much text!! Oh well :)

    Anyway the jist of it was that that does make a strong argument for remaining independant, but that I do not think that major labels are evil.
    If the opportunity arises, artists always have the option to simply not sign.
    Independant artists may be happy where they are, and can even make a living from their music, but if they want the 30-100k film clip and the heavy rotation, then they’re going to have to share the proceeds and become apart of the industry.

  6. matrix says:

    And Apple wants to cut it down to 4%:
    link.

    Go Apple.

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