Ever wondered how much Kanye, The Killers and Daft Punk earn from digital downloads?*
As music fans we spend a ton of money on digital downloads – but have you ever stopped to think about where your hard earned cash really goes?
WhatTheArtistGot.com compiled by music platform Songeist, gives you the chance to see where your money ends up when you buy a digital download. You can also see how much of it goes where you want it to – the artist, not the middlemen.
For example: electronic duo Daft Punk sold 1.4 million copies of Get Lucky in the UK, with an estimated revenue of £1,100,000 – but calculations based on an average record industry model indicate that the band could have earned as little as £73,000 in royalties (that’s less than 7%).
Or if we take a look at our homegrown talent such as Adele, had the singer-songwriter distributed Rolling In The Deep using a DIY model, she could have made an incredible £5,600,000 of royalities, which is over 7 times more than what she actually made.
WhatTheArtistGot.com at last gives music fans the chance to decide where to spend their money by showing the difference in revenue between artists who sell via labels, and totally DIY artists who sell their music using DIY platforms.
Want to find out what Kanye, Coldplay, Jay Z and Miley could have made?
Check out: WhatTheArtistGot.com
Radiohead, Kaiser Chiefs and Sophie Ellis Bextor are just a few high-profile artists that have become frustrated with releasing via major labels, and have turned to releasing their music independently, that’s food for thought.
Sign up to Songeist here: http://www.songeist.com