₦airaland Forum

So 400 dollars is actually 140,000 naira.

NAIJA WHICH WAY?

owowa145:
1. Some of them brand themselves well that, they are able to organise to notch concerts home and away, and top class pple also call dem to headline their occasions e.g Sinach, Tope Alabi.

2. Some of dem, it's just packaging, they don't see much.

3. Many are into illegal doings, forget gospel life, it's just a mirage to deceive.

so does it mean that when a song is downloaded that it can't be converted to money?

They are truly that rich. Let me give you an example;
Vevo CPM is about $3 - $5. Some reports online said $25-$30 but I don't think that is possible. Let's use the popular opinion for our calculation.CPM means what You earn per every 1000 views on Youtube. Let's use Davido song "Fall" as an example. Today he has 147Million views. If you do your calculation properly, Davido would have collected about $440k From Vevo just for "Fall" track. Remember he also has his songs on Spotify, Apple music, etc. Let's assume all his income from those ones is $500k. So, on streaming alone, he would have made about $1m on that track.

Shows - Davido earns about 8m Naira per show within Nigeria. Outside Nigeria will be much more. Average Artistes earn about 3-5m Naira. Some popular artistes do like 6 a month.
Endorsement - MTN & Co pay about 30m Naira annually for any celebrity they sign for endorsement
Gifts from the Elites in the society
Connections from the Elites. Most of them are also in business so that they use their fame as an advantage.
Instagram advert

If an average Artiste like Mayorkun manages to get 1 hit song in a year. Generate 15m views on Youtube. Make some other cash from Spotify & Co. Have a small endorsement with an upcoming company. Do 6 shows in a year. Wise enough to try a small business using his influences. He could be raking in about $300k annually after Davido, his boss has removed the Record label cut. $300k in Naira is 107m. Wise ones among them know this won't last forever. They invest their income in businesses that can guarantee return like real estate. Imagine Mayorkun-like artistes live with just 7m and invest 100m in real estate. 100m will build you 8 3br flat on 1 plot in Ikota/Ikate Lekki area (40m land, 60m build). The average rent around that side is 1.5m.1.5 x 8 is 12m. If he denied himself some flashy lifestyle for 3yrs, he's going to have a guaranteed income of 36m/yr naira for life. Even if his career is over and he doesn't want to do anything again, 36m naira per year will be ok for him to take of himself and his family.

Remember, if you are under a record label, you will only take home 30-40% of everything described above.

udoekere:
At times i'd wonder wether musicians are that rich coz no be everybody dey download their songs...

Is it in this America or the one located in Antarctica?
$400 food African food a day?
Liar liar pants on fire.
Keep packaging.

Pray that you don't get broke one day. You can be rich without being wasteful. Think about how you can help the poor rather than ranting how much you spend daily on Nigeria food. Nigerians working in US don't make that much daily.

udoekere:
who does that,as in na dem buy phone give me or how will they know that em playing a certain song in ma phone?

you don't just download music and play on iPhone just like that. It's difficult.

Tell wizkid he is a bloody Liar, 140k is almost $400. Which part of LA cos I know all African restaurant in Los Angeles

saajus:
They are truly that rich. Let me give you an example;
Vevo CPM is about $3 - $5. Some reports online said $25-$30 but I don't think that is possible. Let's use the popular opinion for our calculation.CPM means what You earn per every 1000 views on Youtube. Let's use Davido song "Fall" as an example. Today he has 147Million views. If you do your calculation properly, Davido would have collected about $440k From Vevo just for "Fall" track. Remember he also has his songs on Spotify, Apple music, etc. Let's assume all his income from those ones is $500k. So, on streaming alone, he would have made about $1m on that track.

Shows - Davido earns about 8m Naira per show within Nigeria. Outside Nigeria will be much more. Average Artistes earn about 3-5m Naira. Some popular artistes do like 6 a month.
Endorsement - MTN & Co pay about 30m Naira annually for any celebrity they sign for endorsement
Gifts from the Elites in the society
Connections from the Elites. Most of them are also in business so that they use their fame as an advantage.
Instagram advert

If an average Artiste like Mayorkun manages to get 1 hit song in a year. Generate 15m views on Youtube. Make some other cash from Spotify & Co. Have a small endorsement with an upcoming company. Do 6 shows in a year. Wise enough to try a small business using his influences. He could be raking in about $300k annually after Davido, his boss has removed the Record label cut. $300k in Naira is 107m. Wise ones among them know this won't last forever. They invest their income in businesses that can guarantee return like real estate. Imagine Mayorkun-like artistes live with just 7m and invest 100m in real estate. 100m will build you 8 3br flat on 1 plot in Ikota/Ikate Lekki area (40m land, 60m build). The average rent around that side is 1.5m.1.5 x 8 is 12m. If he denied himself some flashy lifestyle for 3yrs, he's going to have a guaranteed income of 36m/yr naira for life. Even if his career is over and he doesn't want to do anything again, 36m naira per year will be ok for him to take of himself and his family.

Remember, if you are under a record label, you will only take home 30-40% of everything described above.

what about people like small doctor that are only popular in nigeria does it mean he only makes money through songs download on website like Naijaloaded or through his instagram handle?

No matter how small an Artiste is, the first thing their label does is to monitize them on all online streaming media. This is what small Doctor does on youtube in the last 3yrs;

Penalty: 3.1m
Mosquito: 544k
This year: 397k
Believe: 67k
My People: 49k
You Know (featuring Olamide): 670k
Uzobu: 139k
Others(live shows & Co) - 300k
Total: 5.2m views
That's $16k
Other media: $14k
That's $30k from just streaming

Musicians like small Doctor make money from shows than streaming. Small Doctor may even be getting more shows than some so called big boys because he relates with many more groups like Agbero's, Iyaloja, Alhaja's, local millionaires. He and more local musicians fit into weddings, birthdays and naming more than Wizkid, Davido's of this world. Small Doctor earns 1m-2m per show.

udoekere:
what about people like small doctor that are only popular in nigeria does it mean he only makes money through songs download on website like Naijaloaded or through his instagram handle?

BIG, FAT, LIE !