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Whither the $.99?

Eric Olsen June 19, 2003 1 Comment 22 Views

When you pay the Apple Music Store, MusicNet, Pressplay, or Rhapsody your $.99 fora tune, where does the money go? Check out the cool graph at Business 2.0. According to them, 40% goes to the hosting site, 30% to the label, 12% (average) to the artist, 10% to various slug middlemen, and 8% to the publisher. Pretty tempting to own your own label in the Digital Age, isn’t it?

Tags Internet Sci/Tech

About Eric Olsen

Career media professional and serial entrepreneur Eric Olsen flung himself into the paranormal world in 2012, creating the America's Most Haunted brand and co-authoring the award-winning America's Most Haunted book, published by Berkley/Penguin in Sept, 2014.Olsen is co-host of the nationally syndicated broadcast and Internet radio talk show After Hours AM; his entertaining and informative America's Most Haunted website and social media outlets are must-reads: [email protected], Facebook.com/amhaunted, Pinterest America's Most Haunted.Olsen is also guitarist/singer for popular and wildly eclectic Cleveland cover band The Props.