The Pop princess Normani is just one of the entertainers responsible for generating $1 billion for Sony Music Entertainment.
Learn more below…
The label, which houses Normani and her fellow Harmonizer Camila Cabello, recently announced that it had pocketed an impressive $1 billion from the sales of music recorded and released by its artists in the last quarter.
The exact figure?
Hits Daily Double reports…
Recorded music pulled in $1.16b, an 11.4% spike over 2018. Streaming was responsible for $667.7m, representing 58% of Sony’s revenue in the company’s quarter, which ended 12/31. The company’s margins are around 17%.
Also leading the label’s winning streak? Harry Styles‘ latest studio album and numbers earned by the aforementioned Camila.