Musicians only got 12% of the $43 billion the music industry generated in 2017, and it mostly came from touring
December 27, 2018Recording artists received just 12% of the $43 billion that the music industry generated in 2017, according to a Citigroup report. Consumer spending on music generated an all-time high of more than $20 billion last year, but music businesses, including labels and publishers, took almost $10 billion, while artists received just $5.1 billion, the “bulk” […]
