How do artists make so much money when today there are so many streaming services and we pay a very small amount to have access to a huge amount of songs?

Question

How do artists make so much money when today there are so many streaming services and we pay a very small amount to have access to a huge amount of songs?

In: Other

Answer 1

The richest musicians make their money outside the music industry. Real estate, owning businesses, etc. looking at the richest musicians, only Celine Dion makes big money, purely from her music via concert ticket revenue