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RIAA: Mid-Year Revnues up 10% in 2018


iHype.

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7 hours ago, ViviLittleM said:

Doesn't change the fact that artists get almost nothing from it.

Artists still get more from touring (of course) and real sales

 

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Billboard money make list is useless. they don't even know the contract of artists and just do industry avg.

(22% of sales revenue, 34% of boxoffice, -10% manager cut etc..)

I'm sure both taylor and beyonce made over 10m for their sales after label cut.

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38 minutes ago, sadnews said:

Billboard money make list is useless. they don't even know the contract of artists and just do industry avg.

(22% of sales revenue, 34% of boxoffice, -10% manager cut etc..)

I'm sure both taylor and beyonce made over 10m for their sales after label cut.

Just because you want it to be true, doesn't make it so. BB has been in the industry for decades. I think they know a little bit about what they're talking about than you.

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15 hours ago, IndieKid said:

The music industry's number are **** compared to other forms of entertainment. And that's when the industry has a GOOD year. It's weird when you consider how common music is for people's lives and how FAMOUS the biggest superstars are.

 

2017: $8.7bil for music in the US vs $43.4bil for film I'm SCREAMING :deadbanana2:

Is it right to compare at this point. Film is more of a higher risk, higher reward industry. Marvel made 4bn this year from 3 movies (but it also cost them at LEAST 500m to make those movies), 3 Adeles couldn't bring in that much cash in a year. It's easier, faster and cheaper to make and markeet a good album, than a blockbuster. We hype up Bey and Taylor's stadium revenue (which is just the gross, God knows how much they take home after paying everyone), but 250m isn't that much to a major movie studio.  

 

16 hours ago, iHype. said:
16 hours ago, iHype. said:

CDs down nearly 50% in shipments. :rip: Sucks for those who can't adjust to the streaming era!

Screen_Shot_2018-09-20_at_2.51.32_PM.png

 

 

The only people struggling with this are those whose fave artists did better in sales YEARS AGO. But it's a useless argument because one would think if the demand was still there that success would carry over into streaming. Drake had good sales, now he has AMAZING streaming. Bey has good sales, but keeps off most streaming and still sells. If you had good sales but are flopping in both sales and streams now... where did your fanbase go?

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1 hour ago, thedastardly said:

Just because you want it to be true, doesn't make it so. BB has been in the industry for decades. I think they know a little bit about what they're talking about than you.

There is some truth to what he said tho, it's based on flat rate calculations. Although I am not sure about the 10m claim.

 

METHODOLOGY: Money Makers was compiled with Nielsen Music and Billboard Boxscore information, using 2017 U.S. data only. All revenue figures cited are Billboard estimates and may not equal the sum of the subcategories due to rounding. Unless otherwise noted, references to streaming totals consist of combined on-demand audio and video streams. References to recording-career totals are the sum of an act’s sales, streaming and publishing earnings. Revenue from featured-artist appearances, merchandising, synchronization and sponsorship is not included. Touring revenue, after the manager’s cut, equals 34 percent of an act’s Boxscore. The top 10 lists for sales royalties were calculated based on physical and digital albums and track sales; streaming royalties consist of on-demand audio and video streams, and estimated royalties from webcasting, SiriusXM and Music Choice.

The following royalty rates were used: album and track sales, 22 percent of retail revenue. If the artists own their masters, the rate used was 66 percent of wholesale. On-demand streaming royalties were calculated using blended audio and video rates of, respectively, $0.0054 and $0.0018 per stream, applied against a 33 percent superstar-artist royalty rate; 50 percent for heritage artists; and 79 percent for artist-owned masters. Further, the statutory subscription per-stream rate of $0.0022 was applied to programmed streams and per-play estimated rates of 74 cents for Music Choice and $30 for SiriusXM. Publishing royalties were estimated using statutory mechanical rates for album and track sales. The Copyright Royalty Board streaming formula produced an average rate of 13.1 percent of streaming revenue, an average of $2.50 per play for hit radio and 60 cents per play for heritage spins and per-play publishing rates of 40 cents for Music Choice, $8.33 for SiriusXM and $0.0003 for programmed streams. A 10 percent manager’s fee was deducted from the resultant artist and publisher royalty pools, and a further 4 percent producer’s fee was deducted from each artist’s royalty pool

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19 hours ago, YoYo said:

Do artists profit from streaming as much as they do from album sales? 

They consistently make from streaming more based on billboard revenue reports. 

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