The typical royalty rate for a heritage act -- an artist or band with an output that spans decades, not just a handful of albums -- is 20 to 25 percent. Those that want a royalty rate north of that often negotiate a deal whereby the act receives a big advance and splits the profits from record sales in exchange for sharing revenue from other such income streams as touring and merchandise with the label.

One heritage act that has defied that norm -- how much money does carlos slim make a second a spectacular way -- is The Beatles.

How to make money from your music on SoundCloud

According to artist make money touring, Apple Corps negotiated royalty rates of approximately 45 percent on Beatles CDs and vinyl and at least 50 percent for digital downloads.

At the time the Beatles-iTunes deal was first negotiated, Apple Corps secured the unheard-of right to collect revenue from Beatles music sales directly.

Apple paid The Beatles, and then The Beatles paid their label, Capitol. Reporting by Jem Aswad, Megan Buerger, Ed Christman, Shirley Halperin, Andrew Hampp, Glenn Peoples, Alex Pham, Jeff Rabhan, Phyllis Stark and Ray Waddell. The online extension of Billboard Magazine, billboard. Terms of Use Privacy Policy About Our Ads Advertising.

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