Steve Aoki Thinks of Streaming Revenue as His 'Pension Plan'

Courtesy of Ultra Music
Steve Aoki

Steve Aoki recently spoke on air with CNBC’s Andrew Sorkin regarding the role of streaming platforms in his revenue stream.

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When discussing whether services like Spotify are healthy for the music business, Aoki jokingly says the earnings generated from that are “definitely more of a pension plan.” He adds that his immediate income comes from live performances. Watch the interview below:

Forbes lists the Dim Mak leader and Skrillex as tied for fourth on the Electronic Cash Kings list for 2015, raking in $24 million each. In addition to running his own label and playing 217 shows in the past year, Aoki has secured endorsement deals with Bud Light, Guitar Center and Scion. 


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