Kobalt founder and Chairman, Willard Ahdritz, has argued that – thanks to streaming – an expanding “middle tier” of independent artists is now increasingly claiming a share of industry revenue that was once the exclusive preserve of a handful of major label megastars. Today (August 19), AWAL delivers a new stat that pours fuel on the fire of this narrative.
Source: Hundreds of artists are now earning $100k+ per year from streaming via Kobalt’s AWAL