Thursday 29 March 2012

Swift Profits: The Hunger Games will enrich a number of musicians, including Taylor Swift


  Information come from online news.Thank you for your reading.

  The Hunger Games debuted with a whopping $155 million at the box office in its opening weekend, trailing only the Harry Potter finale and The Dark Knight in the domestic record book.

  Lions Gate shareholders aren’t the only ones benefitting from this weekend’s success. The musicians behind the film’s soundtrack, which is expected to make its debut at No. 1 on the Billboard charts with close to 200,000 units sold, are set for a strong payday. That list includes The Decemberists, Arcade Fire, Kid Cudi, The Civil Wars and Taylor Swift.

  Swift, an avid fan of the books upon which the film is based, stands to gain the most. She recorded two songs on the album, including “Safe and Sound,” a collaboration with The Civil Wars. The single debuted ahead of the film and has already topped 600,000 downloads. That song alone could earn Swift a six-figure check.

  So how much can the 22-year-old expect to see in total from the soundtrack? If The Hunger Games enjoys the continued success analysts expect, it’s not too much of a stretch to imagine the audio version moving 1 million copies worldwide.

  Given that Swift is also credited as a songwriter, she’ll share in the publishing royalties—about 9 cents per song sold, or $180,000 given the earlier sales projection—plus more for radio play and other uses of the tunes.

  Assuming a wholesale price of $10 and a typical recorded music royalty of 15%, Swift figures to take home the bulk of the $0.19 artist’s share of her two songs on the 16-track album, or $190,000.All in all, Swift could earn close to $400,000 for her efforts. That’s a drop in the bucket for someone who earned $45 million last year, but not a bad return for recording two songs for the film adaptation of a favorite book.The biggest winner, of course, is Lions Gate. According to Stifel’s Mogil, the company stands to pull in profits of $280 million from the film when all’s said and done.

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