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The Richest Artists In the World Make 75%+ of Their Money from Touring

The Richest Artists In the World Make 75%+ of Their Money from Touring

While streaming continues to push up revenue, top artists still make most of their money from touring. Music streaming has helped major labels post record-breaking revenue. In its Q1 report, WMG posted over $1 billion. During the same period, Sony Music reported $1.2 billion. UMG alone earns $4.5 million a day. Despite the rise of […]

The post The Richest Artists In the World Make 75%+ of Their Money from Touring appeared first on Digital Music News.

Daniel Adrian Sanchez #DigitalMusicNews #MusicNews #IndieBrew
https://www.digitalmusicnews.com/2017/07/17/artists-touring-revenue/

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