Saturday, March 03, 2007

The fat-cat jukebox

"Take iTunes — where a download costs you and me 79p compared with 50p for US residents. Tax is cited as one reason, but the other, as we all know, is that 79p is the smallest amount UK record companies would settle for. Nor is it to protect the interests of British musicians and composers. Out of that 79p, the person who actually wrote the song gets just 6p to share with their publisher. Even the credit card company sees 7p per individual download, while Apple takes about 12p for administration costs." —Songwriter Tom Robinson

No comments: