By Ann Brown
Hip Hop don’t stop. And Hip-Hop artists are taking full advantage of the globalization of the genre. In fact, American rappers are making more and more money internationally.
In an article for his Trapital Dan Runcie, a media entrepreneur who built subscribers by being hyper-focused on hip-hop business and strategy noted that U.S.-based rappers are getting paid megabucks overseas.
Take Cardi B, for example. While she took home $400,000 for her performance at Bonnaroo—one of the U.S. most well-known music festivals. But she soon after earned $750,000 at European music festivals with four shows in five nights, ending the min tour with a $900,000 show at the Open Air Festival in Frauenfeld, Switzerland.
“One of the reasons that European music festivals tend to pay more is because the demand is higher. High demand translates to higher prices and more shows,” Runcie reported.
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