Money artists receive from iTunes

I have always wondered how much artists get paid from their songs being bought on iTunes. How much of the money spent of an artists songs actually goes to that artist?

It is hard so say exactly how how much of a song's pay goes to the artist because it depends on their specific manager and recording label.  Most managers and labels have there own deal with how much they will get paid and how much the artist gets paid.  But with most purchases of a single song, only a few cents goes to the artist.

















http://appleinsider.com


The New Economics of the Music Industry
http://www.rollingstone.com/music/news/the-new-economics-of-the-music-industry-20111025
Rolling Stones is a reliable magazine about music. It is a recent article by Steve Knopper.


Should an artist receive more than a few cents when their song is downloaded on iTunes?