RIAA Accounting: Why Even Major Label Musicians Rarely Make Money From Album Sales | Techdirt

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June 23, 2015 by McDowski

A fascinating article I just stumbled upon.

It’s from back in 2010, but gives a very interesting view of the entirely unethical methods by which major record labels ensure they always make money. This article also provides evidence for what even many artists have been saying for years – that if you want to show them your support, paying to see them on tour is the way to go.

The article also mentions an op-ed piece that was written in Salon way back in 2000 that is a fascinating (albeit rather long) picture of the RIAA and royalties from the point of view of a musician. The author? Courtney Love. Yes, that Courtney Love. I know – who knew she had a brain, right? Either way, that article is worth a read if you can spare the time.

via RIAA Accounting: Why Even Major Label Musicians Rarely Make Money From Album Sales | Techdirt.

P.S. In the article, there is also an interesting link about “Hollywood Accounting” and the shady methods that the movie industry employs to portray their blockbusters as “loss making” and avoid splitting profits. The more I read stuff like this, the more I lose sympathy for the argument of studios/labels losing sales because of piracy.

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