🎼 Only 12% of the $43B music industry revenue went to U.S. artists in 2017—$5B. Streaming pays $0.003-$0.005 per play. 1M streams = $3K-$5K. Labels & platforms take the rest.

🎼 Spotify: 90% of streams go to 0.5% of artists (57K out of 11.2M). 99.5% split the other 10%. Most earn under $1K lifetime from streams.

🎼 99.9% of 9.7M artists tracked in 2023 were ‘Undiscovered’ or ‘Developing.’ Only 0.1% hit Mid-Level or higher… We need reform in developing artists, the legacy acts/catalogs won’t live in hearts and minds forever… That’s why we’re here.

Greyson Turner & KG Light Up Song Swap ATX! 🎶✨ youtu.be/RLGvbMHkct4?si… via YouTube