Saturday , June 22 2024

Whither the $.99?

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?

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: Twitter@amhaunted, Facebook.com/amhaunted, Pinterest America's Most Haunted. Olsen is also guitarist/singer for popular and wildly eclectic Cleveland cover band The Props.

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