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
    vivaelamor (profile), 1 Mar 2010 @ 3:29pm


    "vivaelamor: this is the actual profit - this is the first billboard's money makers list that's based on the actual share revenue, not money generated by the bands / artists.. and btw.: Metallica earns almost $3 per CD"

    Thanks, I caught that after I read the Billboard site too. At first I'd thought Dave had skimped on the numbers but it turns out the word had just been taken out of context so it was at least partly my bad.

    Btw, I have no sympathy for Metallica, time and time again they prove themselves to be morons. It is a shame because I grew up listening to their earlier albums (which I bought, more's the pity).

    What would be really interesting is what they make on merchandise.

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