Here’s a look at the music industry, and why touring is the way to get rich.
As CD sales sag under Napster-style piracy, Jay-Z and other hot acts–especially craggy veterans–turn to concert tours to reap their real fortunes. Playing to crowds of 20,000, Jay-Z should net around $100,000 per performance, or more than $1,000 per minute onstage.
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