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Practice Reading: Fill in The Blanks (Drag & Drop)
ID: #5354
Music 3
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Illegal downloads are not the only threat to the music industry. A recent report suggests that for every $1,000 sold, the average rappers receives $23.40 - if they’re lucky. It starts with a new band getting a $1 million advance. They spend half of that recording songs for their first album. They pay $100,000 to their manager, to cover his and $50,000 to their lawyer. That leaves $350,000 for the four band members to share. After $170,000 in taxes, that leaves $45,000 per member to live on for a year until the CD gets . The record is a big hit and sells a million copies, so they need a video to go with it, which costs a million dollars to and half those costs come from the band’s royalties. The band is then advanced another $200,000 to go on tour around the country, which will need to be returned. Also, the $300,000 cost of , such as getting the song on radio stations, comes out of the band’s money. By that point, the band owes two million dollars to the record company, which is just covered by the two million dollars they made in royalties. How much did the media companies make?
11 million dollars!
11 million dollars!
promotion
eating
publish
commission
recording artist
broadcast
released
produce
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