Wednesday, May 29, 2024

Pop: Drake Was the Only Artist Who Made Any Real Money Last Week from Streaming

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Only one artist on the pop charts made any real money last week from streaming. His name rhymes with ‘cake’ as in having it and eating it, too. That’s Drake.

As they say on Seinfeld, we love the Drake.

The R&B star made just over $2 million last week from streaming 22 of the top 50 songs on the BuzzAngle chart. Not bad. And you don’t know any of those songs, and never will. But that’s another story.

If you add in regular sales, i.e. downloads, Drake came closer to $3 million. It’s the sheer volume of his streaming– taking up half the chart.

The rest of the artists at the top– Ed Sheeran, the Chainsmokers, Bruno Mars– earned around $200,000 or less each from streaming. Sheeran’s “Galway Girl,” number 50, made $48,864 from sales and streaming.

Record companies can’t live on that kind of money. Artists especially cannot make ends meet.

But Drake is the exception.

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.
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