Well, I have to first say something along the lines of, "F1r$t p0st3r!"
I went to SOTW today to see if there was any info on a random topic I was interested in and I found a thread that linked to this infographic. It's a chart of what you have to do to make $1160 per month, i.e. minimum wage in the US.
* 143 self-pressed CDs
* 1161 retail CDs, high-end royalty deal
* 1229 album downloads through a name-brand MP3 service (e.g. iTunes)
* 3871 retail CDs, low-end royalty deal
* 12399 track downloads through a name-brand MP3 service (e.g. iTunes)
Streamed (i.e. "have your song listened to") ....
* 849,817 times on Rhapsody
* 1,546,667 times on Last.fm
* 4,549,020 times on Spotify
Erm. That's a few.
Now, I have gone to more than one of the streaming services and have seen things that say something like, "1353 people are listening to this song right now!" or similar, so I think that it's possible that the numbers above for streaming aren't as bad as they appear: say that a song averages 500 hits every 5 minutes. That's 144,000 hits per day and equals about 4.4 million per month (which leads me to believe that this is how the infographic's author came up with those numbers).
It's also obvious that you could be listed on a bunch of streaming websites and you could combine that with any or all of the other things listed above to make a decent amount of $ per month.
There are a couple things not listed:
* Radio play
* Concerts (live or streamed)
* Endorsement deals
* Sale of swag (e.g. t-shirts)
I've mentioned on another thread that I don't particularly like going to concerts because they cost too much for what I feel is an inferior product. However, I can understand that this is how an artist makes most of his money. That's unfortunate for me, because I really can't justify paying more than about $15 to go to a concert.
Kudos to guido at SOTW for pointing out this infographic.