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 @ 3:51pm

    Re: Well...

    On the contrary, I for one prefer artists who concentrate on producing new music rather than touring.

    What you have to recognise is that if you want to make more money out of it then you have to build a business model around it, whether that be merchandise or something else. Pointing to other peoples business models and saying 'I don't want to do that' doesn't help much, especially when you don't say why.

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