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.

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