Quick Answer: How Much Money Do You Get For A Song Going Platinum?

How much money can a hit song make?

According to Pierre Bradshaw, who worked 6 years at MCA/Universal Music, a band with a hit song can bring in anywhere from $10 thousand to $50 thousand per performance.

And the actual members of the band get to keep around 85% to 90% of that.

(Their manager usually gets a 10% to 15% cut.).

Who has a Diamond album?

List of artists with the most Diamond awards !Garth Brooks. Diamond awards: 7. ✪ “Double Live” (Album) – 21 million sold.The Beatles. Diamond awards: 7. … Led Zeppelin. Diamond awards: 6. … Eminem. Diamond awards: 5. … Eagles. Diamond awards: 4. … Shania Twain. Diamond awards: 3. … Michael Jackson. Diamond awards: 3. … Katy Perry. Diamond awards: 3. … More items…•

What rappers have gone diamond?

Ranking the Seven Rap Albums That Went DiamondOutKast, Speakerboxxx/The Love Below.2Pac, All Eyez on Me. … Eminem, The Marshall Mathers LP. … The Notorious B.I.G., Life After Death. … Eminem, The Eminem Show. Image via Hypetrak. … 2Pac, Greatest Hits. Image via Discogs. … MC Hammer, Please Hammer, Don’t Hurt ‘Em. Image via Poprescue. …

How much do you get for a record deal?

It’s standard for acts to receive around 15% of revenue in traditional deals, 50% with indie labels, and generally between 65% and 85% with AWAL, depending on our level of involvement and the resources we provide.

What’s the most times a song went platinum?

Billy Joel – Greatest Hits Vol. … Led Zeppelin – Led Zeppelin IV – 23x platinum.Pink Floyd – The Wall – 23x platinum.AC/DC – Back in Black – 22x platinum.Garth Brooks – Double Live – 21x platinum.Fleetwood Mac – Rumours – 20x platinum.Shania Twain – Come On Over – 20x platinum.More items…•

How much money is 1 billion streams?

The guitar hero bagged a billion streams, which means about A$6.39 million in royalties.

What happens when an artist goes platinum?

“Going Gold” is the music industry’s parlance for selling 500,000 copies of an album. … “Going Platinum” means the album has gone to the next step, doubling the sales to 1 million copies.

Are record labels evil?

A review of a major label’s success rate over the past decade revealed that 83% of releases failed to recoup their investment. That means that even artists that have a record deal with a major label have an 83% chance of failure, and will likely lose their record deals within 12 to 18 months of getting signed.

Who is the richest songwriter?

The 15 Richest Songwriters of All-TimeJimmy Buffett – $400 million.Dolly Parton – $450 million.Jay-Z – $475 million.Mariah Carey – $500 million.Sean Combs – $550 million.Bono – $600 million.Paul McCartney – $800 million.Andrew Lloyd Webber – $1.2 billion.More items…

Who is the richest one hit wonder?

de Burgh’sStill touring and making music, de Burgh released his 26th studio album “A Better World” in 2016. One of the richest one-hit wonders, de Burgh’s net worth is $50 million.

Does 50 Cent have a Diamond album?

50 Cent’s classic debut album “Get Rich Or Die Tryin” continues to approach diamond status as it officially goes 9x platinum.

Does Taylor Swift have a Diamond album?

The RIAA’s latest award makes Swift the first female artist in U.S. history to have both a diamond-certified single and album, per Chart Data. Swift released “Shake It Off” as the lead single off her 2014 album, 1989.

Does Drake have a Diamond album?

‘God’s Plan’ Becomes Drake’s First Diamond-Certified Single.

Is Platinum better than gold?

Platinum is Stronger and More Durable Though both gold and platinum are strong and durable precious metals, platinum is the stronger and more durable of the two. For example, the prongs holding the center stone of a platinum engagement ring are less likely to break then those of a gold engagement ring.

Is signing a record deal selling your soul?

When you sign a record deal, in a sense, you are selling your soul. You no longer have 100 percent input into what you are going to write about, who you can collaborate with, how often you release material, and your overall image, etc. If you enjoy creative control, then this is not the move for you.

How many platinum does Eminem have?

50 platinumEminem is the best-selling hip hop artist of all-time and the best-selling artist of the 2000s with US album sales at over 32.2 million during the decade. His worldwide albums and singles sales stand at 100 million. In his home country, he has earned 50 platinum album certifications and ten number one albums.

Is music to be murdered by platinum?

Eminem’s surprise album “Music To Be Murdered By” has received Platinum certification in Canada. Having been certified Gold in New Zealand, Canada, the United Kingdom and the United States, Eminem’s latest release is moving to the next level – Platinum.

What does 3x Platinum mean?

Certification is often awarded cumulatively, and it is possible for a single album to be certified silver, gold, and platinum in turn. An album that becomes Platinum twice over, for example, an album which has sold 2,000,000 copies in the United States, is said to be “Double-Platinum”, or sometimes “Multi-Platinum”.

What is a 360 deal in the music industry?

In the music industry, a 360 deal (from 360° deal) is a business relationship between an artist and a music industry company. … The 360 deal reflects the fact that much of a musician’s income now comes from sources other than recorded music, such as live performance and merchandise.

Do artists get paid for going platinum?

Tidal upholds the best position for artists at $0.01250 per stream. … Bump that up to a platinum single (recognised as 150,000,000 streams by the Recording Industry Association of America) and here are the numbers; Youtube nets you $103,500, Spotify nets you $655,500, and Apple Music nets you $1,102,500.

What does 10x Platinum mean?

Only 34 songs in history have been certified diamond by the RIAA, which is an award given to songs that have gone 10x platinum.