The Economics of Music Labels
The five major labels agreed to pay 143 million dollars. Regulators had found they were secretly paying retailers to keep CD prices artificially high, adding roughly two dollars to every disc sold nationwide for five straight years. The scheme ended, the labels admitted no wrongdoing, and the industry kept most of its structure intact. This is how record labels actually make their money. Like and subscribe if it was useful. #Money #Business #HowItWorks #Finance #Economics #Explained #MusicIndustry #RecordLabels #MusicBusiness #Streaming #Spotify #Royalties #ArtistRights #MusicHistory #Antitrust #Investing #Educational
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