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

Touring

Today, 10 years ago, 20 years ago, 50 years ago, and more, Music artists made their money the same way they do now: Touring.

Selling music and radio plays (and now streaming plays) were and are really only ever a good source of income for the absolute top top artists. Everyone else, except the ultra top, never really made much money except by touring. Thats your profit source.

Music labels make plenty of money selling music and streaming, but not the artist.