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The Music Industry Revenue Breakdown

The Music Industry Revenue Breakdown

How The Music Industry Revenue Breakdown Looks Today – Streaming, Audio Subscription, Physical Sales and Performing Rights.

The music industry is in a state of change. Recently, the Nielsen company released its study on how much money artists make across different revenue streams. The study showed that revenue from digital services (such as streaming), subscription services and physical sales are all on the rise. This is a major shift in the way people consume music and an exciting time for those who work in the industry. But what does this mean for artists?

 

It’s not easy to make it big these days – especially when there are no guarantees about which revenue stream you’ll be able to rely on long-term. Read on to learn more about the trends sweeping through today’s music industry and how you can best plan your career if you’re looking for financial stability.

Introduction

The music industry is in a state of change. Recently, the Nielsen company released its study on how much money artists make across different revenue streams. The study showed that revenue from digital services (such as streaming), subscription services and physical sales are all on the rise. This is a major shift in the way people consume music and an exciting time for those who work in the industry. But what does this mean for artists?

It’s not easy to make it big these days – especially when there are no guarantees about which revenue stream you’ll be able to rely on long-term. Read on to learn more about the trends sweeping through today’s music industry and how you can best plan your career if you’re looking for financial stability.

Revenue Breakdown

The music industry is in a state of change. Recently, the Nielsen company released its study on how much money artists make across different revenue streams. The study showed that revenue from digital services (such as streaming), subscription services and physical sales are all on the rise. This is a major shift in the way people consume music and an exciting time for those who work in the industry. But what does this mean for artists?

It’s not easy to make it big these days – especially when there are no guarantees about which revenue stream you’ll be able to rely on long-term. Read on to learn more about the trends sweeping through today’s music industry and how you can best plan your career if you’re looking for financial stability.

Streaming and Subscription Services

The magic formula for artists has always been to create a product and put it in the hands of their fans. Historically, this has meant putting your music on iTunes or Spotify and hoping that you can count on people coming back. But the new study shows just how much of an impact streaming services have had on the industry.

 

While traditional physical sales are still important, they’re no longer the sole way artists make money. And that’s not just because there are so many other options available, but also because products sold in stores aren’t as profitable as they once were. In 2016, digital sales accounted for about one-third of total industry revenue.

 

But don’t worry: This shift doesn’t mean that physical sales are going away anytime soon. So if your artist career is based primarily on selling CDs and merch, you won’t be left out in the cold. The most important thing to remember is that new sources of revenue – like streaming – won’t be around forever either!

Physical Sales

The physical sales of music have been on the decline for some time, but it seems that this trend may now be reversing. The physical sales of CDs are growing at a rate of 3% and digital sales are up by 11%.

This is great news for artists who rely on CD sales and services like iTunes to generate income. But what does it mean for those who rely on streaming?

Revenue from streaming has been rising over time and will soon catch up with the physical market. This means that there is a greater chance that artists will be able to make a living solely through their music, rather than through CD sales or licensing deals.

Streaming revenue has doubled in the past five years, and it’s only going to get better from here. Keep your eyes peeled for opportunities within the streaming industry as new platforms arise – you never know when your next big break might come!

Rights to Perform Music.

The Music Business is in a state of change. Revenue from digital services and subscription services are on the rise, while physical sales are down. Streaming sites have helped indie artists grow their fanbase and make money on a global level, but there’s no guarantee which revenue stream you’ll be able to rely on long-term.