|By PR Newswire||
|April 7, 2014 01:00 AM EDT||
LONDON, April 7, 2014 /PRNewswire/ --
New website WhatTheArtistGot.com has revealed the top 10 songs that made the most revenue via digital downloads from 2002-2013, Ke$ha's Tik Tok, Black Eyed Peas' I Gotta Feeling and Adele's Rolling in the Deep taking the top spots.
Tik Tok and I Gotta Feeling beat revenues from the likes of Adele and Lady Gaga; selling near 15million digital copies respectively, both track's estimated revenue is £11,900,000.
However, calculations based on the conventional record industry model indicate that Ke$ha and Black Eyed Peas could have earned less than a fifteenth of this figure in royalties (£796,000).
If they had employed the Songeist model, with a flat fee of only 12p per track downloaded, they would have taken home £6million - more than seven times what the royalties for their songs accrued.
Top 10 songs that made the most revenue via digital downloads from 2002-2013:
Artist Track Year Genre Ke$ha Tik Tok 2009 electro, pop The Black Eyed Peas I Gotta Feeling 2009 dance, pop Adele Rolling in the Deep 2010 soul Lady Gaga Poker Face 2008 electropop LMFAO featuring Lauren Bennett and GoonRock Party Rock Anthem 2011 electro, house Maroon 5 featuring Christina Aguilera Moves like Jagger 2011 pop Carly Rae Jepsen Call Me Maybe 2011 pop Gotye featuring Kimbra Somebody That I Used to Know 2011 alternative rock, indie pop Eminem featuring Rihanna Love the Way You Lie 2010 hip hop Katy Perry Firework 2010 disco, rock (table continued) Artist Digital track Ave cost Revenue Artist Songeist model sales track Got Ke$ha 15,000,000 0.79 GBP11.9M GBP796,000 GBP6,000,000 The Black Eyed Peas 15,000,000 0.79 GBP11.9M GBP796,000 GBP6,000,000 Adele 14,000,000 0.79 GBP11.1M GBP743,000 GBP5,600,000 Lady Gaga 14,000,000 0.79 GBP11.1M GBP743,000 GBP5,600,000 LMFAO featuring Lauren Bennett and GoonRock 14,000,000 0.79 GBP11.1M GBP743,000 GBP5,600,000 Maroon 5 featuring Christina Aguilera 13,900,000 0.79 GBP11.0M GBP738,000 GBP5,600,000 Carly Rae Jepsen 13,500,000 0.79 GBP10.7M GBP717,000 GBP5,400,000 Gotye featuring Kimbra 13,000,000 0.79 GBP10.3M GBP690,000 GBP5,200,000 Eminem featuring Rihanna 12,800,000 0.79 GBP10.1M GBP680,000 GBP5,100,000 Katy Perry 11,000,000 0.79 GBP8.7M GBP584,000 GBP4,400,000
WhatTheArtistGot.com allows fans to search through some of the most popular downloaded tracks of all time and discover the average cost for artists doing business through a traditional major record label, versus what they could have earned if they sold the track DIY through a platform such as Songeist.
The microsite empowers fans to give more of the money they spend on downloads to the musicians they love.
Last year saw global digital revenues grow by 4.3% on the previous year, to $5.9 billion* highlighting the digital channel as a key revenue stream.
Mark Pattison, Marketing Manager at Songeist comments, "The music industry is changing. Songeist believes that more and more artists will see a DIY approach as a viable alternative to the major label system. WhatTheArtistGot.com represents the core ethos of our business and conveys it to music fans in a clear, informative and engaging way".
Songeist is a new platform dedicated to supporting emerging music from around the globe. The site allows you to discover, share and download the best up-and-coming artists before you've heard them anywhere else.
Notes to Editors:
- IFPI Digital Music Report 2014
- Calculations are based on an average record industry model