The RollingStones crowned the domestic ranking with $50.8 million on the strength of the group’s blockbuster NoFilterTour.
So, what’s not represented in the Money Maker earnings totals? Sale prices of artists’ song catalogs, such as the estimated $550 million that Sony paid to acquire’s publishing catalog and master recordings were not factored into the calculations, nor were song synch and merch income because there are no reliable resources that track those transactions.
U.S. formulas were used to estimate publishing revenue. Calculating royalties from master-recording performance rights was not possible because those rights do not exist for most uses in the United States. Unless otherwise noted, references to streaming totals consist of combined on-demand audio, video and programmed streams. References to recording-career totals are the sum of an act’s sales, streaming and publishing earnings.
The following royalty rates were used: album and track sales, 22% of retail revenue; 66% of wholesale if the artist owns his or her masters. On-demand streaming royalties were calculated using blended audio and video rates of, respectively, $0.0053 and $0.0038 per stream, applied against a 37% superstar-artist royalty rate; 50% for heritage artists ; and 79% for artist-owned masters. Further, a blended statutory subscription per-stream rate of $0.
Publishing royalties were estimated using statutory mechanical rates for album and track sales. The Copyright Royalty Board streaming formula produced an average rate of 13.4% of streaming revenue, an average of $2.50 per play for hit songs; $1 per play for heritage spins and genre songs that didn’t attain hit status; and per-play publishing rates of 40 cents for Music Choice, $8.33 for SiriusXM and $0.0003 for programmed streams.
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