GUESS WHO IS NOT GETTING RICH FROM THE SALE OF ONLINE MUSIC?

So, you know when you pay 99 cents to download music from a pay site? Well, don't expect the artist to get much of your money. A recent analysis of Apple Computer's ITunes music service, by the Wall Street Journal reveals that the record labels take as much as 47 cents per song. Artists think the amount is out of wack, largely because it is calculated using the same formula that record labels apply to CD sales, which includes charges for "technology" and broken merchandise, the WSJ reports. Apple gets about 34 cents per song, while the performer may see a dime, if they're lucky.

Artists will have to fight their own battles. It's hard to have sympathy for people who make mega-bucks. They have to negotiate their own deals, though. I do believe that file-swapping and file-sharing should be prohibited. To me, it is theft and copyright infringement.