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I am a professional musician, you'd be surprised, most musicians aren't making serious money in the streaming age. many popular musicians aren't making much as
by winternett 2y ago
I am a professional musician, you'd be surprised, most musicians aren't making serious money in the streaming age. many popular musicians aren't making much as well. Record labels are losing money and the Industry is in meltdown mode right now. I'm lucky to have other business ventures that pay my bills.
Most musicians are only getting booked at large festivals which don't pay well, they're often the only ticket in town post-pandemic, as they pack volumes of artists together onto one big lineup. The smaller events rarely provide a good return on investment. Lenny Kravitz for example invests in NYC real estate these days, and has brand deals.
- cryoes 2y ago[flagged]
- shiroiushi 2y agoThe Western rock/metal bands I see don't usually get packed together into "one big lineup", except at those big multi-day festivals. They seem to be able to do their own tours profitably all by themselves, or sometimes with one opening band. However, granted, these are older, long-established bands, and all the guys are in their 50s or 60s or older, and their audiences seem to be older/middle-aged people who grew up with these bands, and also some younger people who found an appreciation for classic rock and metal music. Here in Japan, however, there's lots of local (newer) metal bands that play gigs by themselves profitably. The dynamics of the music business seem pretty different from what's going on in America.