
Originally Posted by
Jay Pace
Can see you point, but I blame vinyl.
Profit margins with vinyl are too high - you need to guarantee a certain amount of sales to make it profitable, or even worthwile. When you need to sell 1000 copies the safest option is to go with the one you know, rather than take a gamble with the one you don't. This stops new talent from getting out, and inadvertently supports band wagon blues and cloning.
£7 for one vinyl record is obscene when you can buy the track digitally for 99p.
now what is it with that anyway?
The manufacturing cost of vinyl has remained fairly stable.
The price distributers pay the labels has remained fairly stable.
The dealer price from distributer to outlet has remained fairly stable.
So why are tunes selling in the shops for 7-8 quid?
If it`s overheads for shops, then why is the price from online stores not much different?
Just for the record, the average price a label gets for each tune sold is about 2 quid from the distributer per tune.
After manufacturing and promo mail outs etc, I think the artist ends up with on average about 80p profit per record sold, maybe less.
£8 ---> 80p
Go figure.
It seems like the undergournd is the closer to the mainstream music world than we would like to admit.
The artist sits at the bottom of the pile.