How much does an independent record label make per record sold?

An independent record label typically earns between $1 to $5 per record sold, depending on factors such as production costs, distribution agreements, and the pricing of the album. This revenue can vary significantly based on the format (digital vs. physical), the artist's popularity, and the label's operational expenses. Additionally, labels may also see income from merchandise, licensing, and performance royalties, which can supplement their earnings beyond just record sales.