Singer Sheryl Crow says she’s hustling to pay the bills because the music industry has seen a dive in record sales, despite her large net worth on paper.
The celebrity says fans are buying records like they used to, and it follows the normalcy and rise of streaming apps such as Spotify and Apple Music.
However, musicians have called out the apps in the past for the money that would make it’s way back to the artists. Taylor Swift didn’t rejoin Spotify until 2017, after stripping her back catolog from the platform three years earlier over the royalties they paid. At the time, artists were making as little as $0.006 and up to $0.0084 per stream.
Grammy-award winner Sheryl Crow says her record sales have plummeted, and it’s a huge difference to her net worth.
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The All I Wanna Do hitmaker says she is being forced to sell her songs to TV commercials to stay afloat financially.
She’s sold hits such as Everyday Is a Winding Road and Soak Up The sun to keep cash flowing in.
Her debut album, Tuesday Night Music Club, sold more than 15 million copies worldwide when it released back in 1993.
But her 2019 record, Threads, only managed 40,000, she says. But it’s not the same cash wise, as artists only receive $4,800 for a million streams.
Sheryl told Bill Maher on the Club Random podcast: “You cannot make money.
“It makes me sad and sick. I hate it because, for me, when you sold records, you knew you had your people.”
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Sheryl Crow’s net worth
The Rock and Roll Hall of Famer’s bank balance won’t mirror her estimated value – what is on paper.
Sheryl Crow’s net worth is said to be around $70 million, through touring, record sales, and commercial revenue.
The star’s first step into the music industry began when she starting singing jingles, before she earned a record deal.
The Missouri native grew up around music, with her mother being a piano teacher and her dad playing trumpet while working as an attorney. After studying a degree in Music Education from University of Missouri’s School of Music she formed a local group.
While performing jingles for big companies – from McDonald’s to Toyota – which used to pay the way. She told CBS News she was handed $40,000 ($100,000 today), for Mcdonald’s.
After, she performed for big stars such as Michael Jackson and Stevie Wonder as a background singer.
She released her debut album in 1994.
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