Article: Unsigned Artists Are Generating More Income Than Ever Before, According to New Study

Right on!

"Artists without record labels generated $643.1 million in 2018, up 35% from the prior year, according to a new research survey conducted by the music distribution service and alternative record label Amuse alongside MIDIA Research. That represents a 3.3% share of recorded music revenues, up from 2.8% in 2017.

The findings, based on a survey conducted of more than 250 artists around the world, suggest that with alternatives to label deals expanding, independent artists are increasingly discovering new ways to generate income. As a result, labels are seen as less vital than ever to sustaining a career in music."

(Via Unsigned Artists Are Generating More Income Than Ever Before, According to New Study | Billboard.)