Arguments And Oppositions In The Music Industry

308 Words2 Pages
Arguments, favors and oppositions Since Napster emerged, music sales in the U.S. have dropped 47 percent(RIAA,n.d.). However, Napster or any other music piracy is not to blame. In fact, music industry in 1980s and 90s was over-inflated(Swanson,2013). Artists receive a percentage of the music sales, and it is mostly between 12 and 14%(if you are a superstar, it can be 20%), after the deductions the retailer, the record company and the songwriter. As a matter of fact, artist can only make money after its record is sold 500.000 copies, otherwise all royalties go towards label’s initial investment. To illustrate, in 2009, only 2.1 percent of the albums released sold even 5000 copies(Jefferson, 2010). So the problem was already there; even before