When you think about it, we sold about 120 million records, which relates to about £1.2 billion in the U.K. economy. We've seen very little of that.
Now a movie with 30 million returns would be something very incredible and the producer can only get 10 to 15 million. This is only 100 thousands US dollars. This is not enough!
Some estimate Hulu IPO could bring in $2 billion. What will the content providers get? Zero. What is Hulu without content? An empty jukebox.
The booking agent had the audacity to take 10 percent, so we wound up with about $100 a week apiece.
The UFC makes about 99 percent of the money, and the rest goes to the fighters. That one percent ain't nothing compared to what they make on merchandising, on pay-per-view, and everything else they make around the world.
Every time someone downloads a picture, the photographers get paid about 30% of what we charge.
I consider Apple to be very closed. Let's say you have a book business, and you are charging 5 to 7 percent gross margins; you can't exist in an Apple world because they want 30 percent, and they don't care that you only have 7 percent to play with.
…in the first half of the 2015 baseball season, 1.3% of the players took in 91% of the winnings.
Leitch is referring to the odds of winning in Daily Fantasy Sports.
If a developer wants to sell something via an iPad app - it's called an 'in-app purchase' - the transaction must go through Apple, which keeps 30 percent of the money and passes 70 percent on to the developer.
The UFC makes 80, and athletes make 20. That's what happens. That's the real story.
If you get 100 million streams on a song and you're only being paid on 20 percent, the check's not going to look good. The money's not going to look fair.
With me serving as the president, we filed a $3-million lawsuit against the league and its member clubs in an attempt to win increased pension benefits and a larger share Of television revenue.
It's a small percentile of people who see one dime out of the music business.
If you were my agent and I was making $10 million a movie and made four movies a year, that means you have a salary of $4 million.
The distributor used to get 10, 12, 14 percent in most cases, but the App Store or Steam - they're taking 30 points. So clearly, they're viewing what they bring to the table in the digital environment to be more valuable than distribution.