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No other award show in the music industry holds quite the prestige of the Grammys. Though there is everything from the MTV Awards to the American Music Awards, the Grammys stand out as the Academy Awards of music. The show is not just a showcase of talent but a determining factor in the evolution of an artist’s career. After all, once a musician wins just one, the term “grammy-award winning artist” comes to forever precede his or her name. Like most award shows, the Grammy Awards  is big business, for the producers as well as the nominated guests of honor. But just how much can the award boost the earnings of an artist? With the music industry struggling to reinvent its business model and fewer musicians being able to earn enough revenue from album sales, winning an award is more important than ever.

Continued at The Atlanta Post

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