That’s a lot of money for a song that apparently didn’t take much effort to make, and that’s mostly played during just one month of the year. According to The Economist, in 2017, the song had earned $60 million in royalties since its release and sold 100 million copies. Since then, it’s become a holiday standard, popular around the world. It was released by Columbia Records in 1994. “All I Want for Christmas is You” was written by Carey and a partner, Walter Afanasieff, and they purportedly created the tune in just 15 minutes. Individually, they could maybe each buy a Toyota. Please join our Sarasota Orchestra family by making a gift today, and help us share the healing power of music. Between them, the parties could all split a luxury car to share rides. Gifts to the Annual Fund help sustain Sarasota Orchestra and ensure that our musicians can continue to serve our community in the months ahead. It’s not a terrible take for a single day, but it’s also not a lot of money given just how much people seem to love Carey’s Christmas jingle and its enduring appeal. 0084 cents per stream for 11 million listens, the rights holder or holders will earn $92,400 before splitting the earnings. Looking for more in-depth coverage from Quartz? Become a member to read our premium content and master your understanding of the global economy.Īssuming the popular song is paid at the highest price of.
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