Thursday, April 18, 2024

Morgan Wallen Earned the Most Money of 2023 for a Hit Single with His “Last Night” — $4.8 Million


Most of the money earned for hit records nowadays comes from streaming. Actual sales are usually secondary– meaning paid downloads on Spotify or Apple or Amazon.

So what record was the biggest financial hit this year? According to Morgan Wallen’s “Last Night” earned $4.8 million. Most of it was from streaming.

Wallen also earned $2.3 million for “You Proof,” $2.2 million for “Thinkin’ About Me,” $1.9 million for “Wasted on You,” $1.8 million for “Thought You Should Know,” and $1.6 million for “Thought You Should Know.” That’s roughly $12 million. Nice, considering he was supposed to be cancelled.

The lowest revenue song in the top 50 this year was $1.3 million for “I’m Good (Blue)” by David Guetta and Bebe Rexha. Taylor Swift posted 3 songs in the top 50. Miley Cyrus made $3.3 million for the Best Song of the Year, “Flowers.”

You think this sounds like a lot of money? The record company takes its cut, then the writers and producers, the agents and managers, and the IRS. Suddenly it’s all not so much.

This is why artists are encouraged to get out and tour because that’s where the money is. It’s not in record sales. Taylor has already spent her money on flights back and forth to KC Chiefs games.

Roger Friedman
Roger Friedman
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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