chapotraphouse

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Grimes made more money off NFTs than music (www.insider.com)

submitted 2 years ago by [email protected] to c/[email protected]

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[–] [email protected] 8 points 2 years ago* (last edited 2 years ago) (1 children)

Grimes is not that big, each show probably only sells 65000 worth of tickets at most (taking 50 average price * 1300 capacity) and that's before all operating costs to venue, her entire tour team, and her label

[–] [email protected] 5 points 2 years ago

The fact her label takes a cut of her live shows(/merch etc), no matter how fucking awful the music might be, is just fucking sickening. Live shows used to be why bands like The Rolling Stones existed for so many years. And how they actually made their money.