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While the pandemic has had a disastrous effect on touring revenue, it has lifted further royalty streams as music fans listened to more recorded music from the relative safety of their homes, via radio, music platforms. streaming or turntable setups they bought with the money they would normally have spent on concerts and festivals.
Royalties on recorded music – from sales, streaming and publishing – collectively increased 56%, from $ 197 million in 2019 to $ 308 million. Individually, streaming artist royalties increased 82% year-over-year, from $ 106 million to $ 193 million, and accounted for just under 50% of the total revenues of the top 40 creators. silver. Royalties on sales, digital and physical, also increased by 39%, from $ 42 million to $ 59 million; a trend that continues so far this year.
The list breaks down into 22 contemporary artists and 18 heritage artists. (Only living artists were included in this list.) By genre, rock artists landed the most spots, 13, down one from last year; pop acts accounted for nine admissions, compared to 14; country, three places, against eight; and Latin, two berths, one more than in 2019. (As in previous rankings, DJs are included in Money Makers because they rarely report their actual income, which makes up the bulk of their income.)
The genre with the biggest gains is R & B / hip-hop, which is represented by 12 artists this year, up from three in 2019. When touring is in full swing, heritage rockers, country artists and jam groups dominate. Money Makers because of their gig. big. In 2020, hip-hop got strong as its artists often have a solid streaming game. On this year’s list, six hip-hop artists who weren’t shortlisted for the 2019 list made it to the top 20. Three of them – Drake, YoungBoy Never Broke Again and Lil Baby – made it. in the top 10.
1. Taylor Swift: $ 23.8 million
Ranking last year: –
Diffusion: $ 10.6 million
Sales: 10 million dollars
Editing: $ 3.2 million
Tour: $ 0
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