
Beyoncé, accepting the Easiest R&B Efficiency award right through the 63rd annual Grammy Awards held in Los Angeles in March 2021.
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Kevin Wintry weather/Getty Pictures

Beyoncé, accepting the Easiest R&B Efficiency award right through the 63rd annual Grammy Awards held in Los Angeles in March 2021.
Kevin Wintry weather/Getty Pictures
The Grammy Awards — billed as “Tune’s Greatest Evening” — will get underway Sunday afternoon, when dozens of excited winners will step as much as the rostrum to assemble their prizes. Later, a whole lot of giant names are scheduled to seem on a glitzy are living telecast. However what do the Grammys actuall imply to nominees and winners, moneywise?
The frontrunner within the Grammy race this 12 months is Beyoncé. She’s up for 9 awards, together with 3 of the night time’s maximum vaunted honors: Document of the Yr, Music of the Yr, and Album of the Yr. If she wins 4 Grammys this 12 months, she would stroll away with extra awards than somebody since this honor was once based 65 years in the past. (The present document holder is the past due classical conductor Georg Solti, who received 31 trophies.)
Having mentioned that: Beyoncé is in a realm of her personal — it does not appear most probably that to any extent further or fewer Grammys are going to transport the needle for her, relating to source of revenue. (Bragging rights, positive.) Because it stands, she’s already the feminine artist with essentially the most Grammys in historical past. She simply introduced an upcoming excursion this is already promoting out instantaneously as tickets are launched. Remaining month, she did a one-hour personal display in Dubai for which she was once reportedly paid $24 million.
For artists and trade staff who don’t seem to be rather in that stratosphere, alternatively, profitable a Grammy can nonetheless subject each relating to improving reputations and lining financial institution accounts.
The choice of Grammy Awards fluctuates beautiful incessantly. New classes are offered; much less widespread classes get streamlined and now and again phased out. This 12 months, the Recording Academy, which is the non-profit group at the back of the Grammys, is giving out awards in 91 classes. Lots of the nominees paintings in area of interest genres and spaces of the industry, from blues to reggae to writing the most efficient liner notes.
For the ones people, having that Grammy seal of approval remains to be a door opener. It may possibly draw in new audiences and generate long term gigs; streaming and gross sales move up. Artists signal new recording offers or partnerships with extra influential managers. The “Grammy bump” is actual.
Take, as one instance, Megan Thee Stallion. In 2019, her occupation was once nonetheless percolating. She had her first primary hit that 12 months with “Sizzling Woman Summer season;” later within the 12 months, when she stopped by way of NPR to accomplish a Tiny Table live performance, it was once the first actual time she had ever labored with a are living band in public.
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There is a case to be made that her occupation, which was once already on the upward push, actually took off after she received Easiest New Artist on the 2021 Grammy Awards. She was once the primary feminine hip-hop artist to win that prize in additional than twenty years; no person had controlled it since Lauryn Hill did in 1999.
Hip-hop enthusiasts knew Megan already, however her Grammy wins, which additionally incorporated
Easiest Rap Efficiency and Easiest Rap Music that 12 months, supposed that she was once abruptly on a much broader radar. By way of the tip of the night time of the Grammys telecast, her virtual album gross sales had been up 178% over the day prior to, according to Billboard. By way of the tip of that 12 months, she had signed a first-look manufacturing deal with Netflix.
Remaining 12 months, a whole lot of people had been stunned when bandleader and composer Jon Batiste took house Album of the Yr, the most important prize of the night time, along side 4 different awards. Many longtime Grammy watchers have mentioned that his win was once unsurprising as a result of his album We Are hit a large number of candy spots for the standard Grammy electorate. Even so, his paintings was once new to many track enthusiasts. In keeping with Billboard, his album gross sales skyrocketed greater than 2,700% instantly following his Grammy wins.
Traditionally, there were circumstances the place a Grammy win didn’t lend a hand an artist in any respect. There is an outdated comic story that the Easiest New Artist award is in reality a curse — and that trop dates again means prior to Milli Vanilli received in 1990 after which had been uncovered as fakes. With the long-term successes of more moderen winners like Adele, Probability the Rapper and Billie Eilish in addition to Megan Thee Stallion, possibly that generation is at the back of us.