75%+ of richest artists’ income is from touring
The ten highest-earning musicians made a combined $71.1m from sales, publishing and streaming in 2016 – less than 25% of the $291.7m earned from touring
News By | 14 July 2017
On average, the ten highest-paid artists made more than three quarters of their income last year from touring, reveals a new list of music’s biggest money-makers. The list, compiled by Billboard, combines revenue from sales, streaming, publishing and touring.
Of the top ten – Beyoncé, Guns N’ Roses, Bruce Springsteen, Drake, Adele, Coldplay, Justin Bieber, Luke Bryan, Kanye West and Kenny Chesney, in that order – only one placed artist, Drake, earnt more from recorded music than from live.
Beyoncé (pictured) …