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
    Devilish Presley (profile), 2 Mar 2010 @ 1:10am

    Re: Re: Re: Re:

    @ Kryptonianjorel.

    "Remember, there aren't a whole lot of small bands out there that are any good. I'm not saying that most small bands aren't good, just that if they are, they usually sell out to a record company, and then they become 'big bands'."

    You are obviously still clinging to the old model, no small band that is good would want to get involved with a label these days. They risk going down with the old system.

    Nice try.

    Next.

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