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Against Monopoly

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Monopoly corrupts. Absolute monopoly corrupts absolutely.





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Music without copyright

Ok,music with copyright. Billboard released its list of top money making acts. It doesn't give a systematic breakdown of earnings by category - but it did for Metallica (you know Lars Ulrich, the gas station attendant turned drummer who says he'd never have made the switch without copyright forever)

Along with touring revenue -- the band pulled in $22.8 million from 55 arena shows reported to Boxscore that drew more than 968,000 fans -- Metallica sold 694,000 albums in 2009. The majority of those sales came from its Rick Rubin-produced 2008 release, "Death Magnetic" (297,000). Album sales revenue totaled $1.6 million. And most of Metallica's track download earnings came from its 1991 hit "Enter Sandman," which sold 450,000.

Hmmm...think it would make a lot of difference to the world if they lost the $1.6 million from the albums? Without copyright they'd only make $22.8 million from touring...You might almost think it would be worth it to them to give the recorded music away for free to promote their concerts...


Comments

Was the $22.8 million gross or net?
Revenue is always gross, not net.
It would appear from the Billboard site that revenue refers to the artists share, not total revenue generated.
So, after expenses, they might have only made $1.6 million in profit?
I think Metallica is great, but they would be even better if they did give out albums for free.
I think Metallica is great, but they would be even better if they did give out albums for free.
Not too much to ignore the expenses in this case. ski rental
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