Re: [Harp-L] iTunes



Thanks Steve for clearing my muddy explanation. You are exactly right. The only thing that is not dead on, is about CD Baby...they will pay you (if you want) when your total reaches as little as $10.00. It's just one more great thing about that Company.
PT Gazell
pt@xxxxxxxxxxxx
www.ptgazell.com
http://www.sonicbids.com/PTGazell
http://www.cdbaby.com/ptgazell



----- Original Message ----- From: "Steve Merola" <linc1969@xxxxxxxxxxxxx>up
To: <harp-l@xxxxxxxxxx>
Sent: Monday, June 13, 2005 11:57 AM
Subject: [Harp-L] iTunes



Hello
iTunes pays labels $.65 for the sale of one single song download. They keep the rest of the $.99. It is up to the label to give the money to the artists. If the artists owe the labels money it is recouped through sales. If the artist or label uses a distributor like I.R.I.S. to rip their CDs into digital files and place their products for sale at digital retailers the $.65 is further diluted. The label will not pay the artist sale by sale as this costs more in accounting than it's worth. Who wants to write or recieve a $.17 check? The label is probably waiting for the sales to amount to $20.00 as CD Baby does. If the artist is selling directly to iTunes and iTunes is slow in paying, it is probably because they are waiting for an accumulation of sales to cut a check. I prefer using Napster to buy music online.
Peace
Steve Merola
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