Music Industry

1% Of Recording Artists Earn 77% Of Recorded Music Revenue

1% Of Recording Artists Earn 77% Of Recorded Music Revenue

Thanks to the internet, there are now more ways than ever to get music. But this hasn’t allowed smaller artists to get a bigger share of the financial pie. In fact, the top 1 per cent of artists now collect 77 per cent of all revenue from recorded music.

Amazon Now Trying To Get Licensing Deals With Record Labels

Amazon Now Trying To Get Licensing Deals With Record Labels

From thinking they don’t need licensing deals, to “aggressively courting” the big record labels, Amazon’s change of heart on the Cloud Player storing/streaming issue will likely cost them dear. After all, it’s not like the labels will be responding nicely to their calls, after effectively setting up a streaming service…

Music Downloads And Streams In Cold, Hard Dollars

Music Downloads And Streams In Cold, Hard Dollars

Just how much moolah do musicians earn from online downloads and streams? For the artist to earn the US minimum wage ($1160/month), they need 12,339 iTunes downloads or 849,817 streams on Rhapsody.