Suprisingly Well Thought Out Rant From Courtney Love RE: RIAA

http://archive.salon.com/tech/feature/2000/06/14/love/print.html

If all of the million records are sold at full price with no discounts or record clubs, the band earns $2 million in royalties, since their 20 percent royalty works out to $2 a record.

Two million dollars in royalties minus $2 million in recoupable expenses equals … zero!

How much does the record company make?

They grossed $11 million.


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