Quote:
Originally Posted by FanDeAliFee
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Actually, artists used to get a lot of income from record sales, but over the years the recording industry has decreased the artist's overall share through various means in order to increase their own from what is left of the dwindling revenues. So what I asserted was in reference to more recent times. Therefore, an artist is more likely to make money from live shows.
In a typical recording contract, an artist gets a percentage of sales. However, the record company pockets the artist's share until all expenses are paid off. Once that point is reached, the artist will start receiving money. The artist must waive his or her rights to any audit of the record company's books, so there is no way to know if a proper accounting was done on those expenses.