Oliver Anthony, the talented country singer who struck a chord with blue-collar workers through his hit “Rich Men North of Richmond,” is reportedly seeing a staggering income of $40,000 daily from the success of his self-released song. This incredible achievement comes after Anthony made the bold decision to decline an $8 million record deal.
The viral track, released on August 11, narrates the story of a man grappling with inflation, high taxes, and elitism while toiling tirelessly. Its powerful message has propelled it to the top of music charts, rapidly gaining popularity. The majority of Anthony’s impressive earnings originate from iTunes downloads and streaming platforms like Spotify, according to the music industry trade magazine, Hits.
During the initial week alone, the song was downloaded over 147,000 times on iTunes, resulting in a revenue of $102,000. Furthermore, the song’s presence on platforms like Spotify adds to Anthony’s earnings, garnering about 4 cents per stream. Remarkably, “Rich Men North of Richmond” is streamed nearly 2 million times each day, as per data from Chartmetric.
Ross Michaels, co-president and founder of Park Avenue Artists, indicated that approximately $5,000 is earned per million streams when owning all rights to the music. With artists typically receiving 70% of those funds, Anthony’s potential daily earnings of $40,000 stem from additional streams and revenue generated via sites like Patreon and Bandcamp.
Celebrated as an anthem for the working class, “Rich Men North of Richmond” speaks to the struggles of everyday people who feel marginalized by politicians in Washington. Notably, this hit wasn’t the only one of Anthony’s songs to make waves on the charts. His track “Ain’t Gotta Dollar,” released the previous year, also surged to the No. 2 spot on Apple iTunes concurrently with his chart-topping hit.
Anthony’s song is part of a rising trend of music that protests America’s perceived misguided direction. Other tunes like Jason Aldean’s “Try That in a Small Town” and John Rich’s “Progress” have also resonated with listeners, occupying top spots on various music charts.
In conclusion, Oliver Anthony’s decision to remain independent has proven highly lucrative, with his emotionally charged hit “Rich Men North of Richmond” striking a chord with listeners across the nation. His financial success, driven by both digital platforms and a meaningful message, is a testament to the power of music to capture hearts and make a statement about societal issues.