What Do Virtual Festivals Pay Artists? Tomorrowland Tests a New Model

Did Tomorrowland just discover a new formula for compensating artists on the festival’s imaginary island of Pāpiliōnem?
Since the coronavirus pandemic began shuttering much of the world’s live music scene in March, many in the industry have wondered how much revenue digital livestream festivals could generate and what kind of paydays artists and headliners would earn.
Last weekend’s Tomorrowland: Around the World festival was one of the first major festivals to go dig