Saturday, December 5, 2009

Royalties in the Music World

Hopefully by now we all understand how royalties and advances and earning out works in publishing.  One thing that is less clear, because it varies widely depending on situation, is how this information is all tracked and reported to the author.  For various reasons I have been under the impression that tracking and reporting royalties for digital downloads would be pretty straightforward.  I know this can and should be true because I know how the technology works, but here is a missive from the music industry that put a little chill in the air.

Thanks to Tim Quirk and the band Too Much Joy for lifting the veil.

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