I just just came across this infographic while browsing the web, which I find somewhat relevant and post-worthy since it does a very good job in summarizing the financial relationship between artists and labels. Somewhat because the infographic is extremely exagerated regarding the indie figures – you don’t just record an EP, through it on iTunes, and that’s that. The business model is much more rooted than that; there’s promotion, PR, tours, production work, etc, etc. Still, no one should find themselves wondering where did all the rock stars go – they’re all broke! [via HyperBot]
By Tibi Puiu
Tibi is the co-founder and current editor in chief of ZME Music. He's had a passion for music since when he can remember, but since he lacks the necessary skills to make music, he decided to simply mix in another passion of his: writing.
Thanks to the marvels of the Internet, anyone can voice out and, in time, Tibi has helped a lot of artists and made a lot of friends by following his double passion for writing and music.
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