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Music News

Report shows how poorly paid musicians are given their revenue

Report shows how poorly paid musicians are given their revenue
Citigroup have published a report into the finances of the music industry called ‘Putting the Band Back Together’, and it cites a $43 billion revenue in 2017. 
 
Pretty good right?
 
No.
 
Musicians received $5 billion of that, or 12%. They thought that up, they performed it, they get a tenth. Now, where is that cash going?
 
Yep, not to the talent. Not fair is it.

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