Rihanna among highest paid musicians of 2016

Rihanna among highest paid musicians of 2016

For the first time in nearly two decades, music industry revenue has increased for two straight years — and that’s good news for the highest earners on Billboard’s annual Money Makers list. In 2016, the 50 top artists in U.S. sales, publishing, streaming and touring took home $890.7 million, a staggering 34 percent increase over the past year’s total.

As usual, touring accounted for the majority of Money Makers income (nearly 75 percent), with take-home pay from live shows adding up to $682.7 million. Royalties from both record sales and publishing also increased (sales more significantly, by nearly 12 percent).

But it’s streaming that has pushed overall growth: Those royalties ballooned five-fold to nearly $90 million, thanks in part to the format’s takeover — combined on-demand audio and video streams grew 39.2 percent in 2016, according to Nielsen Music.

Rihanna is #12 with $22.3 million earned. She earned over $10 million in master recordings royalties.

Source: Billboard

Paula

I am a fan since 2005, a stan since 2007. She is empowering, daring, fearless and anything anyone always dreams to be in their lives. She also makes amazing music and never fails to surprise her fans.

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