How much do the music labels make from each song downloaded off sites such as iTunes? According to Nielsen Entertainment Research, it's about 34 cents. Another 31 cents goes to the retailer and 34 cents is for rights and royalties. This means Apple has made about $125-million in profits since it launched iTunes in 2003. Then again, Apple will sell more than 23 million iPods this year.
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34 Cents for 50 Cent
by
Mark Evans
on Fri 16 Dec 2005 04:06 PM EST | Permanent Link
How much do the music labels make from each song downloaded off sites such as iTunes? According to Nielsen Entertainment Research, it's about 34 cents. Another 31 cents goes to the retailer and 34 cents is for rights and royalties. This means Apple has made about $125-million in profits since it launched iTunes in 2003. Then again, Apple will sell more than 23 million iPods this year.
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