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Research Outline
Prepared for Arash | Delivered March 27, 2020
Pop Music Revenue Streams - Part 3
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Goals
To identify specific revenue streams of pop music singers focused on platforms useful to independent artists with self-distribution by including a short description and average earnings.
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Early Findings
A short description of revenue streams and the average earnings for them are presented on the attached
spreadsheet
.
Digital sales refer to revenue earned from songs or albums
downloaded
by listeners. Average
earnings
per downloaded album are estimated at USD 6.50.
Songwriter Award Programs are available to artists who
compose
their songs. There are numerous
awards
offered by the American Society of Composers (ASCAP) for which pop singers are eligible.
SoundExchange is the
platform
that manages royalties for digital performances. Some
new artists
have reported earnings of approximately $15,000.
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