Sunday, June 15, 2003

The MP3 Economy

The going rate for downloading songs from online music services like Apples (AAPL) iTunes Music Store, MusicNet, Pressplay, and Rhapsody is about $1 a pop. Yet the economics of recorded music sales havent changed much since the vinyl era -- despite the fact that digital files cost very little to produce and distribute. So how much of your buck makes its way back to the artists? Not much, though its clearly a better deal than they get from piracy.
http://www.business2.com/articles/mag/0,1640,49472,00.html

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