What portion of major record label gross income goes to pay artists and how much does the average American spend on music each year? A few years ago I heard that (1) the major record companies paid 4% of their income to the musicians, and that (2) the average American spent $20 a year on music. I've tried and failed to find these figures again. The first seems especially difficult to find (or maybe I'm just being dumb). There is plenty of information about what the average contract gives to the artist, but I'm not interested in that -- I'm looking for aggregated figures. Help? [more inside]
posted by johnsu01 on Jul 9, 2008 - 9 answers