HOW CAN ARTISTS GO BROKE WHEN SUCCESSFUL & ONLY 13,800 ARTISTS MADE OVER £74,000 ON SPOTIFY IN 2025

"We are the biggest selling female group ever... and we are broke as broke can be." TLC How does that happen? In today's episode, we're exposing the financial traps of the music industry. We react to Malogo's honest confession about blowing through a £300K advance and revisit TLC's legendary Grammy press conference. Plus, Akala drops incredible knowledge on the origins of rock and roll and how Black culture is continually co-opted by the mainstream. Finally, we look at the actual data from Spotify's 2025 Loud & Clear report—how many artists are really making a living from streaming? The numbers might shock you. Download my EBOOK https://tinyurl.com/ADTVEBOOK "What Every Artist Needs To Know About Record Deals" To avoid costly mistakes in the music industry #spotify #tlc #musicindustry #musicbusiness #musicmarketing #viralvideo 00:00:00 - Intro: How do artists go broke? 00:00:04 - Malogo explains how he lost £300,000 in 3 years 00:01:03 - The importance of financial literacy and having a plan 00:02:23 - The reality of major label advances running out 00:02:36 - Why you need "The Real Deal" ebook 00:03:03 - TLC's legendary 90s interview: Broke after selling 10 million albums 00:05:51 - The illusion of fame vs. actual wealth 00:06:30 - Why front-end money is a blindfold 00:07:26 - The heavy lifting of escaping your environment 00:08:03 - The £24.5 billion contribution of Black music genres 00:08:48 - Akala on the origins of Black music and cultural co-opting 00:10:42 - How rock and roll was whitewashed 00:11:55 - Eminem's acknowledgement of industry racism 00:13:06 - Breaking down Spotify's 2025 payout statistics 00:13:54 - How many artists actually made $1 million on Spotify? 00:15:09 - Why streaming payouts are lower than you think 00:16:05 - The true value of a stream and master recording splits 00:17:14 - Outro & download "The Real Deal" ebook