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Home > Magazine > Article Archive > News

News: IFPI Report: How Much are Labels Investing in Music?
Posted on Wednesday, March 10, 2010 @ 12:13:52 UTC
Topic: Labels

A new report from the IFPI (International Federation of the Phonographic Industry) breaks down how much the music industry spends annually investing in their artists. According to the IFPI's data, approximately $5 billion is "invested" in artist rosters, with 30 percent of the labels' revenue spent on artist development and marketing. This includes approximately 16 percent of sales revenue going to A&R, which the IFPI says "exceeds the proportionate research and development expenditure of virtually all other industries." Complete Article





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