Major Labels Earn $800,000 A Hour From Streaming

Money treeThe three major label groups, Universal, Sony and Warner, earned a combined $800,000 per hour or $19 million per day from streaming services in 2018. That’s up $1.6 billion from the $5.3 billion that they earned from streaming in 2017.

The analysis and this graphic come via Music Business Worldwide.

MBWW

 

Leave a comment

Your email address will not be published. Required fields are marked *