The Musician's IndexIssue 1 Article Spreadpp. 03-04
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The Secret Economy of Tip Jars: Inside Live Monetization
How real-time tipping during live broadcasts became a $2M revenue stream in eight months
The average tip sent during a TMI live broadcast is $4.80. That number doesn't sound impressive until you multiply it by 420,000 — the number of tips processed in the platform's first eight months.
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The average tip sent during a TMI live broadcast is $4.80. That number doesn't sound impressive until you multiply it by 420,000 — the number of tips processed in the platform's first eight months.
Total tip revenue: $2.016 million. Artist share after platform fee: $1.713 million. Average earning per tipped broadcast: $38.
"I got a $500 tip in the middle of a song. I didn't miss a beat, but I was crying inside." — Performer, Lyric Stone
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