Friday, April 26, 2024

South African Musicians Still Make Under R10,000 a Month | Independent & Signed Artists

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A monthly amount of R9,890 is the average revenue an active South African musician creator earns, according to a recent report on revenue streams for music creators in SA.

South Africa is home to some of the most intrepid people who don’t hesitate to express themselves through art. As a result, indigenous music genres have grown and spread to other continents.

Amapiano music, for example, has its roots in the country, and to think that it has become an international fad is intriguing. The best part is the new line of artists that have grown through it. This list of the most famous South African musicians in 2022 highlights the most talented people.

The average South African musician makes approximately  R10, 000 a month
The average South African musician makes approximately R10, 000 a month

South African Musicians Still Make Under R10,000 a Month | Independent & Signed Artists

The report, titled  Revenue Streams for Music Creators in South Africa 2022, is based on nationwide research conducted by the Music In Africa Foundation (MIAF) in 2021 to identify the revenue streams that are viable for musicians in the South African music industry. It spans all nine provinces of South Africa and is based on information supplied by a sample of musicians from “different genres, communities, and geographical and social settings”.

According to the report, a monthly amount of R9,890 is the average revenue an active South African music creator earns. A monthly total of R141,568,500 is reported as earned by participants across all streams.
In total, 3,000 music creators participated in the survey. During the analysis phase, data was cleaned and data from 2, 881 surveys were used.

The average South African musician makes approximately R10, 000 a month

The report took account of the challenges presented by COVID-19, as earning trends were heavily impacted by the pandemic and its related social restrictions. As a result, all participants were made aware that they had to provide information on income trends over a 24-month period, including earnings prior to the pandemic.

The report further breaks down the revenue streams that makeup musicians’ earnings in South Africa.  The revenue streams explored in the study were grouped into the categories: live performance revenue, services revenue, grants and funding revenue, brand-related revenue, and music rights revenue. According to the findings, grants and funding account for 38% of total monthly revenue, followed by live performances at 19%. Brand-related revenue accounts for 14%, while music rights account for 15%.

The average South African musician makes approximately  R10, 000 a month
South African Musicians Still Make Under R10,000 a Month | Independent & Signed Artists

The report gives details about each of these revenue streams in the country’s nine provinces and by genre and other parameters. The report also discusses new trends and makes recommendations based on the findings.

“Without reliable information, including statistics and industry intelligence tools, music creators will always struggle to make informed decisions and to fully monetize their works. Responding to this challenge, the Music In Africa Foundation launched the pilot phase of the Revenue Streams for African Musicians (RSFAM) project in South Africa in 2020,” wrote Eddie Hatitye, director of MIAF in the report’s introduction.

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