Weird Al Yankovic Says Digital Is a Raw Deal For Some Artists - The Digital Music Weblog
King of comic rock, Weird Al Yankovic says digital is a raw deal for artists like himself. When asked by a fan whether purchasing a conventional CD or buying a digital file via iTunes would net Yankovic more pocket money the artist answered on his website.
"I am extremely grateful for your support, no matter which format you choose to legally obtain my music in, so you should do whatever makes the most sense for you personally. But since you ASKED... I actually do get significantly more money from CD sales, as opposed to downloads. This is the one thing about my renegotiated record contract that never made much sense to me. It costs the label NOTHING for somebody to download an album (no manufacturing costs, shipping, or really any overhead of any kind) and yet the artist (me) winds up making less from it. Go figure."
The article goes on to explain that Apple pays, not Weird Al, but his publisher; they in turn pass a pittance on to Al -- significantly less than the mechanical license fee that he gets for a CD, which isn't much to begin with. Some of the comments (after you filter out the flames) go into even more detail.
It's worth noting that the economics change considerably if you're not going through a record label. In that case, you own not only the copyright on the songs, but the copyright on the performance, which is where the label is taking its huge cut. <
The Truth: Recording Music is Basically Free (posted a few days ago by Shane Workman of Syrius Jones) goes perhaps a little too far towards doing it all yourself, but all their music is under a Creative Commons license and they don't seem to be losing money.
Overall, technology has changed the economics of the music industry. Music is now cheap to record and free to acquire. Ignoring this point is just insane. If the music is good, people will come to the shows and we’ll make enough money to keep doing this.