iTunes Providing More Revenue To The Artistes Than The Retail Stores

The online service of iTunes is providing a major chunk of revenues to the artists, than the retail stores. According to the records, the solo performing artists (other than the famous ones), iTunes is paying more percentage of the selling albums and even the tracks through their sites. According to a report, artists get $0.94 for every record being sold worth $9.99 at iTunes, while that retail is only $0.30. Even the royalties of the covers are also paid by iTunes, but this is not in the case of the retail stores.

itunes infographics

In addition to this, iTunes also pay royalties of fixed percentage of the total amount, in case any listener listens to the songs through streaming. But this practice is not followed by the retail stores.

Dj Bhai

Freelance DJ & Blogger (@techprone). Loves the Gadgets, Food & Music. Views are my own!

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