Metallica Sued Napster For This?

from the pound-foolish dept

David Levine has a post up looking at Metallica's revenue streams last year. Apparently, the band made the vast majority of its money from concert revenue -- bringing in $22.8 million. It made $1.6 million from album sales. As Levine notes:
Hmmm...think it would make a lot of difference to the world if they lost the $1.6 million from the albums? Without copyright they'd only make $22.8 million from touring...You might almost think it would be worth it to them to give the recorded music away for free to promote their concerts...
Or, hell, give away the tracks and promote other stuff as well. Selling music directly (relying on copyright) is a tiny business compared to the opportunities elsewhere. And, of all the bands out there, Metallica should clearly recognize that.

Filed Under: album sales, copyright, live, metallica, revenue


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  1. icon
    Cynyr (profile), 18 Mar 2010 @ 7:48am

    Re:

    so for a guess at a CD, i haven't gotten new music in years, 12 songs at an average of 3 minutes. so thats 36 minutes of music, is $12. A blockbuster movie new release on dvd is $15-$20(we'll use 20), so cost/minute on the CD is 12 songs at $0.99 per song(your number), thats $11.88/36 or, $0.33 per minute. A dvd, just the special feature, is around 1.5-2 hours (I'll use 1.5, well lets use 1.25 as the running times include the credits, and who watches those?) so we get $20/75 minutes, or $0.26/minute. Granted music does have more replay value than a movie usually. but still the cost per minute of music is higher, and thats not counting things like the bonus features on the DVD. The CD is more of a marketing tool for the band than the dvd is for the studio, no studio has the option of playing in the local bar.

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