In 2018, fans of Fifth Harmony‘s Normani Kordei can expect her to kick start a solo career that may be housed by her current label Sony Music Entertainment.
Why the label has good reason to keep the promising star on board? The part she, her band and their Brit-Pop sisters from Little Mix have played in propelling its profits to sweet heights.
Awesome news below….
Each month over 12 million Spotify subscribers support Harmony’s sounds by spinning their songs on the platform.
When added to numbers earned by their Sony siblings from across the streaming board, this figure helped the label earn $1.65 billion in 2017.
Hits Daily Double shares…
Top sellers included P!nk’s Beautiful Trauma, Chris Brown’s Heartbreak on a Full Moonand Camila Cabello’s Camila. The company touted new records from Justin Timberlake, LANCO and Jack White as among the “noteworthy projects” of the current quarter.
Quite interestingly, despite the decline in its popularity, sales of physical CDs accounted for $386 million of the company’s earnings last year.
This year, the company can be expected to fare just as well thanks to campaigns launched by Camila Cabello and forthcoming efforts by Beyonce and- if industry murmurs are to be believed- J. Cole.