This Just In…
Musicians don’t make any money…
It’s never been cheaper to distribute music, and recording costs are now fantastically inexpensive. That’s old news, but it looks like marketing costs are actually increasing, and the number of artists making ends meet remains depressingly slim. In fact, the latest finding shows that less than 30,000 artists are actually earning a living, according to stats shared by Topspin CEO Ian Rogers at New Noise Santa Barbara over the weekend.
Hey thanks for the tidbit there Digital Music News. And it’s not just the cannon fodder trying to scrape by at dirt level either; Live Nation just reported that summer concert revenue is down 26%.
Evidently though, the worthless bastards who inundate my e-mail with requests for money in the name of bogus promotion, “exposure” and gig submissions aren’t keeping up with the trends.
Oh well, see you at the beach…
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