It's early and I'm nippin' at my first cup o' coffee but these are my thoughts.
1) While have zero interest in "defending" Beatport I do believe it is important that if we are to move forward discussions such as this remain objective and favour a business state of mind over an emotional one. Agreed?
1) To the best of my knowledge (i.e. I've researched this quite a bit for my store) the typical negotiated split is 40% Beatport / 60% label. The key word here is negotiated. Not to offend, but there seems to be quite a few here speaking with "authority", yet no (stated) credentials to back up them. Might some/all of these "haters" work for other online sites? Think people, think!
2) Agreements are between Beatport and labels. Beatport does not pay the artists, the labels do. It would be wise to stop blaming Beatport for a label's (and/or an artist's) poor negotiating skills.
3) Also keep in mind that these splits are typically from net revenue. Credit cards fees, etc some off the top first to cover costs and then the negotiated split is applied.
4) Whether B&M or web based any biz has overhead, bills to pay, etc. Terabytes of storage - while historically very cheap - do not come free. Nor do heavy handed designer, flash coders, management drug habits, pool parties, etc. LOL It is not realistic to expect a biz to not make money, because by definition profit is why a biz exists. If one can't not make money in the artist biz (because their material, label, promotion, etc sucks?) then one should either find a new biz or at least a new biz model. This is the nature of the free market. Like it or not, the music biz is not a welfare state.
5) On word... Radiohead. If you REALLY love an artist's music, any artist's music, I'm sure sending them a little "bonus" - as based on what the music means to you - would be greatly appreciate. That said, giving away an artist's tunes to friends isn't exactly putting your money where your mouth is. If you wouldn't want it done with your music, then don't do it with someone else's. Simple golden rule here kidz

Haters? How do you plea? LOL
6) Finally, and most importantly... A successful biz meets a need in the market. Period. If vinyl (and the profits and biz model that comes with it) is no longer acceptable to the music buying public then so be it. BUT... Y'all (i.e., the public) can't have your cake and eat it too. You can't expect to pay fxck-all for your music and then expect the vendors / labels / artists to get paid. You want Wal-mart, you got it! And that's fine. But now please stop complaining about the wages of the workers. You wanted cheap shxt, you got it! And to the best of my knowledge NONE of the download sites has ever held a gun to anyone's head and forced them to go digital.
Rant over. From Planet X with love
