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a question to all artists who have had released material.......

 

how do you get paid?

 

in this particular scene i need some info on how an artist makes his/her income?

 

do artists get paid through membership with the mcps? if so how does the mcps collect the royalties?

 

has anyone been paid by mutual agreement with the record label? - ie: a fat advance and/or an agreement where the artist and label split all income from sales.

 

how much would a label be likely to buy exclusivity of a track?

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Guest Andreas of Amygdala

From the psynews contest CD "psychedelic sparks" Inpsyde Media sent me a cashiers check for the amount of the royalties... Doesn't get easier than that :)

 

.oO Andreas Oo.

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hey andreas, if you dont mind me asking, what % of profit does inpsyde media offer??

being a small label, im just curious as to what other labels offer their artists.

(we offer 60% of net profits, btw)

 

thanx

:-)

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Well if u check the previous post u can see that almost every label gives 16% of final profits, wich means at around 1$ max pro CD, or nothing at all. Now I don't understand your 60%, what does that mean, how much gets a artists for one cd (in advance or after) and how much copies do you release as minimum?

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llazi - ok, our first compilation is still in production, but we offer our artists 60% of net profits, which means that after we re-coup the total production costs (printing, artwork, distribution etc.) the artists get an equal share in 60% of the profits thereafter. then 40% for the label obviously.

(60% divide by 8 or 9 artists, equals around 6/7% of profits for each artist)

because we are a new label, we cannot afford advances (yet). all the artists we have signed so far have been fine with this tho.

we will print 1000 copies initially, then more if the need arises.,

 

if i understand your post correctly, most labels give only 16% which is then divided by, say 8 or 9 artists!?

so the label gets 84% of the profits!?

 

seems totally unfair to me, the artists make the label, they should reap the most reward.

:-)

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just like to add also that our plan my not be that economically viable, have to wait and see i guess, but we're not in it for the money.

hopefully we can make back costs so we can do it again!

:-)

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Guest Spindrift

Normally the record deal is either, about 50% of profit or 16-17% of price from distibutor which is around $6-7 per CD.

What that means is a couple of hundered $ per track on a CD for a couple of thousand copies.

Most artist in this genre nowadays make a very small portion of their profit from record sales. Live gig's pay much better, so find a lable that gives you good exposure, and don't look too much at the figures.

Also the deals made on the lables profit's might be shady, since it's easy to make the books to show a very small profit, counting in all sorts of expenses. The payout should roughly correspond in a normal lable anyway.

 

Spindrift

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