Artist iTunes Royalty (with wholesale markup) $0.99 download single song price to the consumer less $0.29 to Appleleft $0.70 x 130% (wholesale markup) x 12% (net artist net rate) = $0.1092 cents per download
Producer iTunes Royalty (with wholesale markup) $0.99 download single song price to the consumer less $0.29 to Appleleft $0.70 x 130% (wholesale markup) x 3% (producer rate) = $0.027cents per download.
Artist iTunes Royalty (without wholesale markup) $0.99 download single song price to the consumer less $0.29 to Appleleft $0.70 x 12% (net artist net rate) = $0.084 cents per download
Producer iTunes Royalty (without wholesale markup) $0.99 download single song price to the consumer less $0.29 to Appleleft $0.70 x 3% (producer rate) = $0.021cents per download.
Although not widely practiced, there are some labels that take this further by first deducting the mechanical royalty from the $0.70 cents prior to calculating the iTunes royalty which is then paid to the artist and the producer which results in a lower royalty rate as follows:
Artist iTunes Royalty (with wholesale markup) $0.99 download single song price to the consumerless $0.29 to Appleleft $0.70 less a digital mechanical royalty of $0.091 centsleft $0.609 x 130% ( wholesale markup) x 12% (net artist net rate) = $0.095 Artist
iTunes Royalty (without wholesale markup) $0.99 download single song price to the consumerless $0.29 to Appleleft $0.70 less a digital mechanical royalty of $0.091 centsleft $0.609 x 12% (net artist net rate) = $0.073
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When the passion of music is real
3 comments:
this is also need to know because as an artist/songwriter/producer etc. you would like to know how to get paid and what you r entitled to.
I AGREE WITH TRU AND AFTER CAREFUULY READING THIS INFO I TO AS AN ARTIST, SONGWRITER/ PROUDUCER NOW KNOWS WHAT I AND MY MATERIAL R WORTH.
J.LAMONT
gosh!!! If i want to make 100,000 I'd have to sell 1 million downloads. thats crazy how we as artists get so little. Good thing Im gonna be getting half of the producer royalties too.
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