silkalmondvanilla t1_j19ebjh wrote
Reply to comment by Environmental_Fly691 in Can NFTs Offer a Fair Living Income to Artists? by [deleted]
If this is just about supporting artists you don't need and nft to do it. You can buy their songs on bandcamp, iTunes, etc.
2021 called and wants its article back.
Environmental_Fly691 t1_j19fct6 wrote
In this post we have not been able to get pictures, but in substack's post we have a graph showing how the money generated by digital content is distributed in a major way.
"If a customer downloads a $9.99 album, the iTunes percentage to artists would likely be a modest $.94 cents - less than a 10% cut. The record company might take $5.35 and Apple would keep the remaining $3.70" from "https://investinganswers.com/articles/who-really-profits-your-itunes-downloads" .
If this is really about helping artists, I'm sure if you do a little more research on the subject, even if you agree/disagree, you'll see the point.
Viewing a single comment thread. View all comments