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
    Derek Kerton (profile), 1 Mar 2010 @ 6:59pm

    Re: Re: Re: Re: Re: Well...

    Wait, what?? Yoko was against copyright or for it now? I can't keep up.

    "Wrong. It's not about sitting on your ass, it's about creating music that may not be designed for bars and stadiums."

    ...and THEN sitting on your ass because you are entitled to a never-ending stream of money for work you finished years before.

    "You may like The Jonas Brothers and Britney Spears, but many of us appreciate real music"

    Maybe I do like Britney, maybe CVPunk does, maybe not. But how taste in music matter to the discussion?

    "and we feel that artists should be able to get paid for creating it." and so do we. No regular poster on the Techdirt board is against artist getting paid for their work and contributions. No one advocates stealing, and almost no regular poster here advocates copyright infringement.

    But we do advocate delivering ongoing value for ongoing revenue. We do advocate more fair use and public domain, and the incredible value they create. We do advocate the use and understanding of economics to issues of intellectual property and copyright. We do advocate the use of modern business models to reward and compensate artists. And we do exercise our right to free speech and to vote and work towards our goals.

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