How much of my money goes to the artists when I purchase with iTunes Store? If I recall correctly, Bandcamp gives ~80% usually to the artists, except on Bandcamp Fridays when they give ~90% to the artists (waiving their own fee).
iTunes, Amazon, streaming platforms, etc. do not deal directly with artists. Apple gives the majority (not sure of the percentage) to a distributor (LANDR, DistroKid, CD Baby, etc) who is responsible for the song, and then they take a negotiated cut and pay it to the artist.
DistroKid, for example, charges about $20/year to keep all of your music releases on 100 or so streaming and download services, but takes no cut of the proceeds.
This distribution method is far and away the norm nowadays, especially with dance music, because it gets music everywhere, right alongside artists signed to labels. Bandcamp appeals more to the hipster crowd.
You're right. The numbers I had in mind were averages:
> on Bandcamp Fridays, an average of 93% of your money reaches the artist/label (after payment processor fees). When you make a purchase on any other day (as millions of you have, with more than $1 billion now paid directly to artists), an average of 82% reaches the artist/label.
Haha yes of course! I missed my own comment and thought you were talking about Bandcamp, when I was the one talking about iTunes... Sorry for the confusion :)
