BVS
Blue Crack Supplier
Merge number 3, 4?
U2girl said:Found this on atu2.com, as stated by Mat McGee:
"Word on the street is that ESPN paid less than $50k for the use of up to 11 songs. So McGuinness was right when he essentially called it "peanuts."
Word on the street is also that this payment is in the form of a donation to the ONE campaign, but ESPN will never admit to that because the corporate people (ABC) don't want to be seen as supporting a "political" issue."
MrBrau1 said:
That may be true. But Paul, Larry, Edge, Bono, & Adam got a check with at least 5 or 6 numbers on it for their voices and their song rights. Same thing in 2001 with the NFL.
What they did with that check is anyone's guess. Bank it? Pass it on to a charity? New furniture? New car?
U2girl said:Does their label get any money in the downloads/Ipods sold or do they only get the money when U2 sells "hard copy" - albums and singles?
Earnie Shavers said:
Universal are hard copy sales only. CD albums, singles, DVD's, LP's, cassettes, any future formats. They get zero from iTunes sales, and iPods have nothing to do with the music at all, as they're simply merchandise (just as Universal get no cut from the sale of t-shirts at gigs).
Also, remember (and it's kinda tongue in cheek, but these things often work this way)...
ESPN = owned by Disney.
ABC = owned by Disney.
Disney = essentially owned by Apple now.
Apple/U2 = partners.
It's called brand synergy.
doctorwho said:
Whoa there!
While most of what you wrote is correct, I guarantee you that Universal gets money from iTunes sales!
In fact, this is what's taken iTunes a while to get into various countries. Each country's equivalent of the U.S.'s RIAA has to approve of the songs. RIAA gets approval from the studios. So there are deals struck. In fact, studios wanted iTunes to charge more for the songs - but so far, iTunes has said no.
Why would you think the studios get no money from iTunes? They get money from them, just like they get money from radio stations! iTunes are selling songs. Radio stations play music to attract listeners. The more listeners, the better commercial air time they can sell.
So yes, Universal gets money from iTunes, which means, ultimately, that U2 gets money from iTunes.
MrBrau1 said:
Wow. That's cheap. $50,000 @ 30% tax rate leaves $35,000 to be split. Split by five an its $7,000 per band member. Split by 11 and it's $3,200 per tune. Cheap, cheap, cheap.
david said:Do U2 have to pay taxes in Ireland?