It's raining' money, halleluyah!
August 21, 2020
Hundreds of AWAL artists earn $100k a year from streaming
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Independent record label and distribution company AWAL says that “hundreds” of its artists now earn more than $100k a year from streaming, and that the number of artists who reached the 6-figure mark has grown by more than 40% in the last year, Music Ally reports. The company also said that “dozens” of its artists earn more than $1m from streaming every year. In march 2018 AWAL’s parent company Kobalt said that hundreds of artists were then earning more than $50k a year. AWAL has 40,000 artist and writer clients.