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FYI

Report: Musicians earned 12% of music biz revenues in 2017

The proportion of the total music industry revenue artists are capturing has actually risen since 2000, when artists took home only a 7% share of the revenue.

Report: Musicians earned 12% of music biz revenues in 2017

By External Source

Recording artists received just 12% of the $43 billion that the music industry generated in 2017, according to a Citigroup report published on Monday, and led by analyst Jason B. Bazinet.


$43 billion matches a 12-year peak that the industry hasn't hit since 2006, the report said.

The proportion of the total music industry revenue artists are capturing has actually risen since 2000, when artists took home only a 7% share of the revenue.

But this increase is due in large part to the growth of concerts and touring as a revenue stream that is largely distinct from the intermediary of their music labels. Artists are still taking home a meagre share of the increasing revenues in streaming for their music, where music labels and music streaming services act as intermediaries. – Continue reading on the Business Insider website.

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Françoise Hardy
Joost Evers / Anefo, CC0, via Wikimedia Commons

Françoise Hardy

Music

Obituaries: French Pop Icon Françoise Hardy, 'Suspicious Minds' Songwriter Mark James

This week we also acknowledge the passing of broadcaster/musician Jeremy Tepper, Tejano music TV host Johnny Canales and Scottish rocker Davie Duncan.

Françoise Hardy, a French pop singer, actress, author and model, died on June 11, at age 80 after a long battle with lymphatic cancer.

A Billboard obituary terms Hardy "one of the leading lights of the French yé-yé pop movement, and an inspiration to Bob Dylan and Mick Jagger.

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