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Pop Music Revenue Streams - Part 3

Delivered March 27, 2020. Contributor: Mila R.

Goals

To identify specific revenue streams of pop music singers focused on platforms useful to independent artists with self-distribution by including a short description and average earnings.

Early Findings

  • A short description of revenue streams and the average earnings for them are presented on the attached spreadsheet.
  • Digital sales refer to revenue earned from songs or albums downloaded by listeners. Average earnings per downloaded album are estimated at USD 6.50.
  • Songwriter Award Programs are available to artists who compose their songs. There are numerous awards offered by the American Society of Composers (ASCAP) for which pop singers are eligible.
  • SoundExchange is the platform that manages royalties for digital performances. Some new artists have reported earnings of approximately $15,000.

Proposed next steps:

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