I'm surprised the album is still happening.
To be fair, making an album is easy if you know an audio engineer, they roughly work 60 to 200 an hour, but if you're famous like James, this could be great exposure, so work at a discount.
I'll give you a general cost breakdown to start from nothing to publish an album.
So depending on the included materials, a physical jewel case would only cost approx. $2 each.
Sure, there could be commission costs for any artwork and graphic design for the physical work.
Releasing it online through CDBaby currently only costs $10. Barcode is $30.
That's the cost if they aren't paying someone to mix and master it. The biggest expense for the entire process would be recording it *if the do it at a proper studio*
That could be variable depending on the charge per hour and how much time they dick around. There is a bit of an art form to practicing your songs before going to the studio to spend as little time in there as possible. When people say this is expensive to do, this is usually what they're talking about.
Copyrighting songs is only like, $35 each. Which it might actually be $35 for an album assuming you register multiple at once. That is to say, it might be a flat fee of $35 for an application that can have multiple songs on it, so to speak.
I think it hinges on if we want to argue that the sales of the physical goods is expensive. Like on one hand, if you get 1000 orders, that's 2000 dollars. But that's ignoring the profit