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Re: [ARSCLIST] CD versus Download was "All hail the analogue revolution..."
----- Original Message -----
From: "Mike Richter" <mrichter@xxxxxxx>
> There are projects with outstide funding, notably from the Milken
> Foundation. Otherwise, Naxos contracts with the artists a fixed fee for
> the recording. They record with Naxos engineers and are paid. There are
> no royalties. If Naxos's judgement is wrong, the recording won't sell
> and he eats the cost.
>
Which is interesting...because that is exactly the same way (except for
the "outside funding") the record industry operated from its inception
and for decades following!
Steven C. Barr