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Jul 10, 2019 · A new report from MIDiA Research fielded in partnership with digital music distributor Amuse says independent artists generated more than $643 million in 2018, a 35% jump from the year before.
Jul 12, 2019 · Revenue generated by independent artists is the fastest-growing segment of the music business, flipping the paradigm of major label dominance. MIDiA and music label/distributor Amuse have released a report into the growth of independent acts, finding that the indie sector generated $643.1 million in 2018. That represents a whopping 35% increase ...
- Recording and Writing Music …
- … and Getting That Music Played
- Performing Music Live
- Advertising
- Fashion, Merchandising, and Other Direct Sells
- So Then — Where’s All The Money?
For music listeners, a song is a song is a song. But for the music business, every individual song is split into two separate copyrights: composition (lyrics, melody) and sound recording(literally, the audio recording of the song). Let’s start with the latter. Sound recording copyrights are owned by recording artists and their record labels. There ...
Let’s break that down by the most popular ways listeners actually contribute money to music’s creators: When someone buys a song from iTunes, Google Play or any other digital store, money from that sale is paid out to creators via both copyrights — composition and sound recording — with the rates depending on label size, distributor size and specif...
Live events are quickly shaping up to be the most lucrative space for musicians in the digital-music era, and for good reason: As listeners become inundated with cheap access to music provided by streaming services, dedicated music fans crave more intimate experiences with their favorite artists. That’s why tours are getting grander and music festi...
In the heyday of pop and rock, musicians rarely wanted to be associated with corporate brands, but that’s changing with the rise of rap as America’s most popular genre. Brand partnerships offer artists the ability to sponsor or endorse a brand they might genuinely like, and get access to an additional revenue stream while they’re at it. Another way...
Selling non-music products like perfumes, paraphernalia and clothing lines is an easy money-making strategy that artists have been taking advantage of for decades — but in the digital era, musicians can also get creative with their methods, expanding well beyond traditional merch tents at concerts and posters on a website. Artists are also starting...
All of the above is by no means a comprehensive list of ways that modern artists make money; keep in mind that it’s also now easier than ever to switch lanes and become a producer or writer for someone else’s music, as is the case with Bebe Rexha’s journey from songwriting to recording or American R&B hitmakers’ move to South Korea’s K-pop industry...
Dec 3, 2021 · The independent share was up from 41.3% in 2018, and in 2020, independent revenue (on an ‘ownership’ basis) grew by 12% compared to a total recorded music market growth of 12%. All of which means that independents (labels and artists) are a) bigger than standard industry measures suggest, and b) growing faster than the total market and are ...
- Mark Mulligan
Jun 14, 2021 · Independent Artists. The Median Musician In The U.S. Earns $20,000 To $25,000 Per Year. The Median Musician In Canada Earns $40,950. Musicians In UK Earned An Average Income Of £23,059 In 2018. Signed Artists. Taylor Swift Is The World’s Highest Paid Celebrity At $360 Million.
Oct 20, 2023 · Over the last 20 years, streaming took over the music industry. Digital music revenues comprised 89% of the U.S. music industry’s revenue in 2022. Streaming services like Spotify, Amazon Music, and Apple Music made up 84% of the total industry revenue. The number of paid subscriptions to on-demand music services surged past 92 million ...
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The key facts in Music By Numbers 2019 include: • The UK music industry contributed £5.2 billion to the UK economy in 2018. • The Live Music sector made contribution of £1.1 billion in 2018 – up 10% from £991 million in 2017. • Employment in the industry hit an all-time high of 190,935 in 2018. • The total export revenue of the ...
