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Surely you could say this about almost anything? 80% of an unspecified group of self-identified musicians don't make a lot of money in music isn't a very intere
by cactus2093 6y ago
Surely you could say this about almost anything? 80% of an unspecified group of self-identified musicians don't make a lot of money in music isn't a very interesting statistic.
This just in as well, "over 80% of basketball players make less than $200 playing basketball" if you count recreational leagues.
- SulfurHexaFluri 6y agoThere was also a line "Including some that have millions of streams" but it looks like those are the ones in the 20% that didn't earn less than 200 in the year. Maybe someone with more knowledge can answer this for me but what exactly is a label for these days? You don't need funding to distribute CDs these days so why can't the artist just put the content on Spotify and Youtube themselves?
- judge2020 6y agoAFAIK you still need to have a label to publish on streaming services, but there are now services that will act as your label and publish for a very low membership fee (<30/yr).
- cactus2093 6y agoA label will often pay to record your music, including hiring the best producers or session musicians, getting other established artists featured in your songs, getting the best people to mix and master it to make it sound great. Then they pay to market it and put it on the radio (which is just one big ad network these days). Really it's very similar to raising venture capital. You don't need to do it, you can bootstrap a company with almost no money and people do it all the time. But if you have the chance to work with an expert who's willing to put in a lot of money upfront, it can really accelerate your trajectory.
- SulfurHexaFluri 6y agoRight, so if you aren't forced to use one, how can they possibly overcharge since if the value wasn't in the service you would just drop the label.