Independent artists, the fastest growing segment of the music industry


Revenue generated by independent artists is the fastest growing segment of the music industry, reversing the paradigm of major label dominance.

MIDiA and music label/distributor Amuse released a report on the growth of independent artists, finding that the independent sector generated $643.1 million in 2018.

This represents a whopping 35% increase from 2017.

These new numbers highlight the true scale, influence and impact of independent artists, who also receive more native streams than label-signed artists.

The survey aimed to answer questions about the independent sector, including what it means to be an artist in these streaming boom years; how they make money, what career paths they take and what their aspirations are.

It also found that more artists now see labels as a possible means to an end, and less than a third of artists think it’s important to be signed to a label.

Nearly ¾ of independent artists make less than $10,000 each year from their music, proof that income is still a big hurdle.

Nearly ⅔ of artists surveyed felt they needed to continue working alongside music to make ends meet.

Despite this, more artists feel empowered about their careers than ever before, and nearly ⅔ have a positive outlook on their careers.

The full report is available here.


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