Re:The dawn of online piracy (2015)
by jacquesm on Friday January 05, 2018 @09:49AM
(#16078868)
All that caused is a big shift in income from record labels to venues and concert promoters, the artists did not end up any better off than they were before.
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I've always heard (no proof) that artists make little off album and song sales but received a larger benefit from concerts/merch. -- If that's true, the shift to increased concert revenue benefits them.
There's almost as big a racket around venues and concert promoters as there was with RIAA and it's ilk (it's basically a Ticketmaster/LiveNation monopoly in the U.S.), but artists do get a larger cut (harder to scam them when they see the full stadium I guess).
I've seen quotes about 60% of gross for artists with the rest being split between the ticket processor, promoter, taxes, etc. That 60% has to cover the artists' costs (not the venue but roadies, sound engineers, lighting crew, catering, tour manager, backing singers, extra musicians, dancers and so on
https://www.theguardian.com/music/2017/jan/30/where-does-con...
http://www.wisebread.com/how-much-a-breakdown-of-concert-tic...