Thursday, 9 August 2018

Musicians only got 12% of the $43 billion the music industry generated in 2017, and it mostly came from touring

Musicians only got 12% of the $43 billion the music industry generated in 2017, and it mostly came from touring

Recording artists received just 12% of the $43 billion that the music industry generated in 2017, according to a Citigroup report. The proportion of the total music industry revenue artists are capturing has actually risen since 2000, when artists took home only a 7% share of the revenue.
Read more: https://www.businessinsider.com/musicians-received-12-percent-43-billion-generated-by-music-industry-study-2018-8?source=Snapzu

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