Signed Big
Posted in Uncategorized on 08/04/2006 10:24 am by admin
How much do UK singers signed to big labels typically earn?
For example what would Natasha Bedingfield of earnt for her first album? She signed a deal with Sony BMG for £500,000 for 2 albums, so how much of this would she actually see after tax and deductions? Her debut sold around 2.5 million worldwide and as she co-wrote the entire record, what sort of percentage would she take home after tax and deductions? She’s with RCA records so they’re a big label, so I’m guessing she gets around 15% per sale of each album and single. Please help!
If she writes her own songs, she’d get about 15%, if she only sang them, then about 8%. The £500K is irrelevant – that’s just the money that the record company advances towards the cost of making and marketing the album. NB I think does write her own songs, so if the 2.5m albums sell for £9 a pop, then she gets about £3.7million, minus any additional costs that she’s incurred with the record co. Of course, this model means that a singer who sells nothing gets paid nothing…
Directors Cut – Big Sean “How I Got Signed”
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