Jem Aswad Senior Music EditorOne of the most common refrains in the music industry is that only superstars earn serious bank from streaming — how many artists have, quite understandably, have vented publicly about receiving royalty checks in the double, single, or decimal digits?But advocates have long emphasized that with the right deal, streaming can pay handsomely — and while it declined to provide details, AWAL, the recorded-music division of Kobalt, announced that “hundreds” of artists working with the company earned more than $100,000 in annual streaming revenue — a growth of more than 40% over last year.
Music Business Worldwide estimated that somewhere between 90 and 286 AWAL-signed artists earned more than $100,000 in the surveyed.
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