Peter DiCola of Northwestern University School of Law and partner in the “Artists Revenue Streams”-project of the “Future of Music Coalition” has recently published a working paper entitled “Money from Music: Survey Evidence on Musicians’ Revenue and Lessons About Copyright Incentives”, which also will be published in the Arizona Law Review. Based on data of the “Artists Revenue Streams”-project, DiCola analyzes different income streams of musicians in the U.S. He highlights that musicians differ in earning money from music relying on several revenue sources. The main finding is that the largest revenue category for musician in the U.S. on average is live performance, which accounts for 28% of the overall annual income from music. Another important income source is teaching (22%), followed by salaries from orchestras, bands and chamber ensembles (19%) and session work (10%). Revenue from songwriting/composing and sound recordings is less important, accounting for 6% of the annual music income each.
For a summary of the study, please click here