Re: agree coco
Posted by: Erkka Korhonen ()
Date: April 15, 2012 07:23AM

$30,000 is around €22.600... It depends. This is an ok budget for a band album if there's no travel or hotel costs or outside session musicians, techs, rental gear, arrangers etc. It costs about €500/day here in Finland to record in a quality studio with an engineer. Of course it helps if the producer can engineer him/herself but that's not always the case and cannot be required. I like to have an outside recording engineer on drum sessions.

Mixing an album can cost about €8.000 including the studio. This leaves €14.600 on the table. On a budget like this I'd ask €6.000 as a producer fee. So we're down to €8.600 which can buy us anywhere between 17 to 26 recording days (depending on the need for an engineer), which in the end is not too much but if the band is well-rehearsed it can happen. Of course in this situation the audio editing has to be done on mobile workstations/laptops. Last year I spent a 10-hour day of a family vacation doing vocal edits for an album. Not too cool...

Then if we are talking about a solo artist it's a totally different ballgame since you are paying the musicians as well. Here you can easily end up paying €1.000 for drummer and bassist each, €1.500 for guitarist and keyboard player each, then if you need additional musicians it's even more. So that's at least €5.000 gone right there. Of course the producer sometimes plays/programs stuff by himself.

So, in the end €22.600 isn't that much, is it? And this is Finland, one of the cheapest countries in the western world to produce music in. Ok, the price examples are based on quality studios but we are also talking major labels here.

I'd also love to see the cd prices drop. In here they cost around €22 in retail stores and €18 in internet stores. That's over $28 and $23! The net income (after VAT, distribution, mechanicals etc.) of a physical cd is about €10. If the band/artist is lucky enough to score a 10% royalty rate, it's gonna be €1/sold album AFTER BREAK-EVEN which is usually 100% of recording costs and 50% of any music videos. This is pretty easy math. It's also good to remember that 10.000 units shipped is gold and 20.000 units is platinum here. So, you'll get your break-even and platinum albums at the same time. Hooray! If the price of a physical cd drops it will also raise the break-even points and therefore reduce artist royalties since the labels will not change the deals for better, With a lot of artists signed through TV talent shows, it's actually getting worse...

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SubjectViewsWritten ByPosted
A very interesting and important read on illegal AND legal downloads and streaming. 727 Erkka Korhonen 04/14/2012 08:27AM
And here's the link *bangs forehead* 366 Erkka Korhonen 04/14/2012 09:16AM
Re: And here's the link *bangs forehead* 253 Steve_Roamer 04/14/2012 10:43AM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 275 Troy 04/14/2012 10:50AM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 231 Purple 04/14/2012 03:20PM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 218 Troy 04/14/2012 05:24PM
Also 167 Snake65 04/14/2012 09:38PM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 209 Erkka Korhonen 04/14/2012 06:36PM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 175 Figge 04/14/2012 08:11PM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 162 Figge 04/14/2012 08:08PM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 278 Coco 04/14/2012 08:11PM
agree coco 198 Snake65 04/14/2012 09:50PM
Re: agree coco167 Erkka Korhonen 04/15/2012 07:23AM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 156 tkrupa 04/14/2012 11:30PM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 140 Snake65 04/15/2012 12:10AM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 148 Troy 04/15/2012 02:41AM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 161 Coco 04/15/2012 04:40AM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 135 Troy 04/15/2012 05:41AM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 141 Steve_Roamer 04/15/2012 09:12AM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 116 Snake65 04/15/2012 10:37PM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 104 Troy 04/16/2012 03:48AM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 101 Erkka Korhonen 04/16/2012 08:21PM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 137 Andrew 04/16/2012 08:40PM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 156 Erkka Korhonen 04/16/2012 09:54PM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 131 Troy 04/15/2012 02:53AM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 129 Chazz 04/16/2012 02:27AM
Re: A very interesting and important read on illegal AND legal downloads and streaming. 84 Almir 04/17/2012 08:42PM


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