This doesn’t seem to go away. Now Walmart who sells CD players for under 10 bucks, wants CD’s to cost the same. Poor record companies. I feel so sorry for them…
Check out this breakdown of where the $15.99 goes:
- $0.17 Musicians’ unions
- $0.80 Packaging/manufacturing
- $0.82 Publishing royalties
- $0.80 Retail profit
- $0.90 Distribution
- $1.60 Artists’ royalties
- $1.70 Label profit
- $2.40 Marketing/promotion
- $2.91 Label overhead
- $3.89 Retail overhead
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