Musicians Only Make 12% Of The Music Industry’s Revenue

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Citigroup published a report revealing that musicians only earn a small share of the industry’s revenue. After money is distributed to music distribution platforms such as Spotify and Apple Music, record labels, concert promoters, and managers, artists are left with just 12 percent of the pie. On the latest episode of Genius’ For The Record, Rob Markman sat down with Business Insider reporter John Lynch, entertainment attorney Tiffany Ballard, and Brooklyn rapper Dyme-A-Duzin to discuss the findings of the report.

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