Monday, June 23, 2008

Sarah Geronimo loses P2.2 M to record pirates

Must be P3M

IF NOT for piracy, young recording actress Sarah Geronimo would have made three million pesos in royalties from sales of her debut album "Pop Star" under Viva Records.

While Sarah Geronimo's album has already reached the triple platinum mark with 90,000 copies sold, her royalty of 10 pesos per album sold, or five percent of whole sale price, is nowhere near three million pesos that had been her projected earning, according to Viva Entertainment's Vic Del Rosario.

"At the rate the album has sold in the legitimate records' market, 'Pop Star' should have sold already half a million copies," he said. "There are in fact more copies of the pirated album than the original."

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