WHY THERE’S MORE MONEY IN MUSIC THAN EVER | Music Industry Secrets

The music industry is constantly under fire because of the innovations such as digital streaming platforms which have decreased the amount artists earn for each time someone hears their music.

But these platforms had created incredible amounts of exposure for new artists, allowing them to earn money from other places. This video will take you through each area where there is money in the music industry.

Sources:
Radio play payment-
https://sentricmusic.com/blog/2014/october/a-dab-ble-into-radio-royalties/
Album percentage breakdown:
https://www.bbc.co.uk/news/magazine-23840744

Full list of bands prices per gig:
https://www.digitalmusicnews.com/2014/05/21/bands-make-100000-per-gig/

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