Entertainment For Lively Minds
Report: Music Industry Made $18 In 2009
Posted by pocket.calculator on 19 March 2010 - 6:07pm.
NEW YORK—The Recording Industry Association of America announced Tuesday that the combined revenue brought in by Warner, Sony, EMI, Universal, and countless independent music labels in 2009 totaled $18. "The music industry is back," RIAA representative Doug Fowley said. "Not only was Kenny Chesney's Greatest Hits CD purchased at a Knoxville, TN Borders for $12.99, but we also had two songs downloaded through iTunes, and our ringtone sales reached three." Fowley added that as long as no one returns or exchanges the CD, the music industry would continue to be a vital and creative force in American culture.
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Unfortunately
...Outgoing expenses included $3,756,232.28 for "Fruit and Flowers"
And that was just for Elton John...
when he was on the bugle the figure really would have been astronomical.