2 ms·

> It's sad to look at From 40 billion revenue down to 9 billion revenue. But what if costs shrank to zero? That's an exaggeration, sure. But the cost of pro

> It's sad to look at From 40 billion revenue down to 9 billion revenue. But what if costs shrank to zero? That's an exaggeration, sure. But the cost of producing music is less than it was in 1999. The cost of distributing music is significantly less. The cost of promoting music is probably similar or a little less. In any case, as you see elsewhere in this thread -- professional artists earn their living by doing live performances. Their labels tend to make a lot of the money from sales, little of that is left for the artists.

snaky 8y ago
> the cost of producing music is less than it was in 1999 Or maybe not. The structure of the cost might be different though. Take K-Pop for example > Among the hundreds of entertainment companies producing KPOP groups, each year around 300 debuts are planned, only 50 of which actually get to debut and 1 or 2 whom become successful during their rookie years. > Debuting a group (including making albums and things like that) costs an average of $1.8 million with a minimal cost of $1.3 million. > the bear minimum for KPOP MVs is an average of one million dollars. MVs coming out of the big three agencies (SM, JYP and YG) would probably be heaps more expensive. https://www.allkpop.com/forum/threads/how-much-does-kpop-cost-to-produce.53271/ https://www.allkpop.com/forum/threads/how-much-does-kpop-cos...