Music Industry 101 Before you start talking about profits and copy right.... he he You have to have a viable product. Now depending upon what sorta product you are making ....decides Where its gonna go. If you wanna make a mainstream TOP 40 music .. then yes MUSIC INDUSTRY WILL TAKE MORE THAN 50% of you cut. You will be lucky if you get maybe 30% of oyur own music. The Music Industry MOKEYS WILL BE RIDING ON YOUR MUSIC with their 6 figure salary( cause you will need their help to have YOUR PRODUCT it distributed through out the country cause they hold the keys to monopolize the prodction and distribution part). But if you sign up with an indie small label and know ur shits good and will sell. Then you might be able to hold you own and demand from copyright to engineering to touring. It is the hard way but people have done it. Like The Strokes did it, Clap your hands and say yeah did it(as a matter of fact I don't think they are siged up to a label yet, so they get 100% of ther sale. I know for sure that for a while they were only selling cd's fro the back of their touring van). In this case YOU will be responsible for everything not your record company.