“With the collapse of live revenues, the issues in how streaming pays (or doesn’t) is being discussed. Ingham calculates that 1% of all artists receive 90% of the revenue from streaming. That’s about 43,000 artists. Of that 1%, many have been significantly impacted by COVID, as their streaming income has not replaced their live income. The other 99%, around 3 million artists, earn the other 10%. And remember, the race to being the 1% can only be won by 1%. This isn’t fair, but it is business.” – Forbes
