How much money does record store make

Share on Facebook Share on Twitter Open share drawer. Show this post Although vinyl sales are improving it’s sadly a bad idea to open a physical shop. Learning from someone already making money in music will undoubtedly provide invaluable experience.

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Indie: What really happens when you sign a record deal. Since the whole MP3 and file sharing phenomenon, the prices of CDs has dropped significantly in order to make buyers go out to record stores and buy CDs instead of downloading them for free. Well, to many, the thought was they were pissed off because they would not make as much money as they. This is what many music lovers fail to see. And who can blame them? In the making of a CD here are the key players and the percentage of sales that they get, Artist 6. How much money does record store make these figures are an approximation, they come pretty damn close to the real thing.

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Invisible City Editions talk about their new storefront in Toronto.

Indie: What really happens when you sign a record deal. Since the whole MP3 and file sharing phenomenon, the prices of CDs has dropped significantly in order to make buyers go out to record stores and buy CDs instead of downloading them for free. Well, to many, the thought was they were pissed off because they would not make as much money as they.

This is what many music lovers fail to see. And who can blame them? In the making of a CD here are the key players and the percentage of sales that they get, Artist 6. While these figures are an approximation, they how much money does record store make pretty damn close to the real thing. Cut out the middleman. Sign up free now! Not as common anymore, but still in practice is the deduction of freebies and returns. They get returned. And who ends up paying for this? Yup, you guessed it, the artist.

Then there are recording studio costs that include the engineer, equipment rentals, and studio costs. And who got you the deal?

The above calculations are for a CD sold today. Pretty dramatic difference if you ask me. Of course record deals and artist royalties differ from contract to contract.

The hotter you are prior to signing the better your deal and royalty rate. Also note that retailers benefit less nowadays as the price to make a CD has not changed all that much, yet album prices in stores are getting lower. Do not take the calculations above at face value.

They are merely there to give you an idea of how little artists used to make and much less they do today. Record sales: Where does the money go? Build a stunning band website and store in minutes Promote your music on your own unique website. Grow your fan base with built-in marketing tools. Start your 30 day free trial Free 30 day trial, no credit card needed. Share your thoughts Comments on this post are disabled. You can flip numbers however you like, but realise that labels always have something to account.

Most labels definitly still take that percentage back for returns especially «indie» labels that you may want to sign. One thing to keep in mind, in most cases, retailers can charge almost whatever they want. So say the price per cd from the major label to the retailer is 11 dollars, a retailer can charge 14 to 20 dollars and take whatever profit they want off the top. When the industry struggled retailers had to make up the cost of storage, employees, advertising, rent.

The prices their selling thier cds at now are more a normal gauge of what it should be. So with that said, to the artist on a major it doesn’t matter if a retailer sells a cd for 10 dollars or 20 dollars, their percentage comes from the wholesale price that the major label works out with said retailer. Posted by hayseedsings. And, if you’re at that level, you probably spent more than 75K for your record. I’m tellin’ ya, I’ve known dudes who had a 1 single and hot-selling record but were making less money than when they were making and selling their own records.

The trade-off is that a lot more people knew who they. There are folks in Nashville that have gold records and get dropped by their label because it’s too costly these days unless you’re platinum. It’s at least a million bucks to «break» a new artist these days. That’s a lot of investment. Posted by Anonymous on Jun 9 PM. Keif’s post is enlightening and very valid, but what you also have to take into consideration is that album sales are only a small piece of the pie when it comes to potential revenue for a band Those K album sales open the door to much more potential revenue Posted by Revenant on Jun 9 PM.

Something else to keep in mind is the continous label pressure for hits. Among other things, that means the label usually likes the artist to deliver a 2nd album that sounds like the 1st album, 3rd album that sounds like the 2nd. Sorry, I still think in terms of albums when of course it’s mostly CDs. What this means in terms of the artist is that the label discourages innovation and growth.

What results is a short career as consumers get bored and look for «the next big thing». The label looks at most of their artists as disposable, wanting to get as much return as possible before dropping the artist from the label. So you’re constantly under the pressure of writing a CD that sounds just like your last CD, while building a base and trying to keep a reputation for being relevant and fresh.

Meanwhile, as Kief and Hayseed have both pointed out: if you’re sellingcopies, you aren’t making much money and you are at risk of getting cut from the label!

Members of the band are probably at odds regarding how to market the band. I’m just being realistic and my songs are better than yours». Add the leeches that will say anything to get a little of the glory reflected from you and it gets real interesting like a VH1 Behind The Music episode!! The sad fact is that most of the most exciting and innovative bands in history probably would have to be independents today because they’d be dropped by their major label leeches after their 1st album.

Posted by Anonymous on Jun 10 AM. Well as the guitarist in my last band said Posted by namoli brennet on Jun 10 AM. Which means the kind of money I would make with a major label is accessible to me already — and I don’t have 15 people who want a piece of it.

So sad! With artists so empowered, it must be hard to be a big record label these days :bawling:. I should know better than to post after a weekend nights activities but I still haven’t learned. I love to perform. Hands. Now in saying that I would have a real hard time not pursuing the dream of a major deal vs remaining indie.

As an indie the potential for that is unlikely but possible. On a major the likelyhood is more than probable. It just depends what your drive really is. If you are in music for money then your music really isn’t gonna be what I see music from my point of view and feel.

I am more than willing to tour, sell CD’s and then go back to my humble life knowing that I lived out a dream that I couldn’t go to my grave. And that said brings to mind something that was left. Ya got an in store deal that goes 6 weeks. You are most likely how much money does record store make up debt that will come out of that 11, or whatever dollars out ofsales.

Now what do you have? Tour support no matter what is going to absorb a pretty penny and if you aren’t the headliner then these type of costs don’t get paid for by ticket sales. So they come from the very deal that we call major.

Per diem, for those on drugs that is daily spending money on tour, is great while you’re on the road but what’s left when ya get home? If ya even have one. You may even think about merch and album sales while on the road but even these dollars may get taken by the headliner management because you are on their tour, needless to say the venue be it club or arena get’s their cut.

So you can’t look for money from that. Then there is a bus, hotels, airfare? I guess where I’m goin with this is what Rhythm often says. It is subjective. What is it that you want out of this? Touring will keep you fed and sheltered but until you really make it above and beyond it will only be that you are a star while on tour. And honestly that is ok with me!!!! If we were really interested in making big money, we’d be something other than musicians.

We do this because nothing else makes sense to us. F k the money! If we can turn 10 g’s a year playing music we feel more successful than if we were making 50 g’s at an uncreative job. Posted by Revenant on Jun 10 PM. What I find astonishing is why someone would want a major label deal. Case in point: The Grateful Dead. They didn’t make much money at all from their major label deal.

All they really got out of it was distribution for their recordings that didn’t make them much money anyway, and name recognition a lotta people know who the dead are without ever buying one of their records or concert tickets. Where the Dead made money and still make money was in concert and merchandise sales. They had their own organization ahndling a lot of .

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Hocura: People imported all kinds of music to Toronto. Pitchfork is the most trusted voice in music. Check out our How to Start a Business page. They know how the creation of a music style happened, who performed it, and how popular a style. It will be very hard to get enough sales to make it profitable. Show this post seventiesbln vinyl recprd really dead Totally NOT : Sales go thru the roof and there is no end to be seen. Read Interview.