How do you boost your income by 90%? Win a Grammy

Published: Monday, Feb. 11 2013 11:20 a.m. MST

Musicians Taylor Swift, left, and Stevie Nicks perform onstage during the 52nd annual Grammy Awards held at Staples Center on Jan. 31, 2010, in Los Angeles.

Kevin Winter, Getty Images

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Struggling financially? Winning a Grammy could help.

Behind the additional fame and glory that a Grammy victory offers, the financial boost it offers is greater, according to an article by Forbes.

Those behind the scenes of a Grammy awardee, like Jim Jonson, a producer for Lil Wayne’s “Lollipop,” have a huge earnings boost. After the award, Jonsin’s producer fee jumped 90 percent.

“Songwriters and producers, they don’t really appear on camera,” Jonsin told Forbes. “For those guys, it’s a (particularly) big deal.

Part of the great financial swell comes from touring acts after the award. Taylor Swift’s average nightly gross surged from $125,000 to $600,000 — a 380 percent increase.

For Swift, the limelight of the Grammy’s lasted more than just an initial bump. In 2011, her nightly gross earnings jumped to $1.1 million.

EMAIL: alovell@deseretnews.com

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