Comment by cm2012
4 days ago
That seems reasonable?
Assume an artist (either directly or through a rights holder) makes 1/3 income from streaming, 1/3 from merch and physical albums, and 1/3 from live events.
40m streams per year would be 800k per week. 200k fans worldwide playing 4 times per week on average could get you there. Thats like a decent sized but not enormous youtube channel.
200k fans worldwide would also support the ticket sales and merchandise sales aspects.
You only need 5000 fans to buy your CD/album/w.e at $15 to make 80k
Per year, which is a big lift compared to them pressing play on Spotify
Yeah but you need a quarter million people every week according to that guy. That will drop off over time.