Of course the music industry is up the creek because of piracy? I think not: the Independentreports the reality
But figures from the US show that Apple Computer, the dominant legal download business in Europe and the US, retains just 4 cents from each 99-cent (55p) track sale while “mechanical copyright” holders – generally the record labels, who own copyright in the song’s recording – take 62 cents or more. Music publishers take the rest – about 8 cents.
With the sites, the copyright owners have doubled their share of royalties, even though the marginal cost of manufacturing has fallen to almost zero.
How much goes to the artist?