It’s never been easy to make a living as a musician. But there was always a dream: to become a star on the strength of your talent and your music. The Internet is a rude sandman, however, and today that dream is a lot more convoluted.
No longer can a would-be rock star follow the once-accepted checklist: (1) sign with a big label, (2) get a hit, (3) buy mansions and cars. The number of ways a musician can make money is now varied. The question, for many musicians still trying to make a go of it in the industry, is whether those many sources can add up to something sustainable. read more
“Advancing the Creative Economy” was the theme of the Copyright Clearance Center’s OnCopyright 2012 conference on March 30, and an important first order of business seemed to be defining what, exactly, a creative economy is. For many, it became a matter of semantics: “piracy” and “stealing” vs. “infringement,” “individual” vs. “commercial,” “intellectual property” vs. “creative greater good,” and “copyright” vs. “licensing.” The philosophical implications of these words clearly depended on what roles panelists played in the creative economy, as did the preference as to whether copyright ambiguities be better defined, or remain vague and fungible… read more
Universal Music Group’s pending $1.9 billion bid for the recorded-music business of EMI Group has some rival record labels, consumer groups and artists singing the blues in the nation’s capital.
The consolidation of musical talent under one corporate roof — Lady Gaga and Katy Perry would be represented, along with the Beatles, the Rolling Stones and other artists — would give the company control of more than 43 percent of the American recorded music pie…
…Criticisms of the deal also strike a chord with musicians. read more
There’s a fascinating report from the Future of Music Coalition called Artist Revenue Streams (ARS), which they describe as “a multi-stage research project to assess whether and how musicians’ revenue streams are changing in this new music landscape.” They recently released an installment which focuses on an orchestra musician’s income/expense structure during the period 2000-2011 and the results are intriguing.[…]
The Future of Music Coalition has been working on a long-term project that goes beyond personal anecdote and uses tax returns and other information to better understand where money in the music business goes, including how much goes to musicians.
The Artist Revenue Streams project examines how musicians’ revenue streams are changing, and why…
Future of Music Coalition has released the next data set from its groundbreaking Artist Revenue Streams research project: five financial case study profiles that provide rich, verifiable information about how certain musician types are making a living…
I talked with Jean Cook last October after hearing her speak on WNYC’s SoundCheck, hosted by John Schaefer. They discussed her work researching artist revenue streams with the Future of Music Coalition. While most information widely available on making money as a musician largely focuses on or caters to indie rock bands, this discussion intrigued me because it seemed to embrace all professional and semi-professional musicians, regardless of genre or style. So I contacted Jean Cook to ask her a few more questions about it and her other musical activities. read more
We’ve told you a little bit about the cash flow of orchestras, but If you’re not a fan of classical music, Future of Music Coalition has just released some data that might be a little more relevant to you…
We’ve told you a little bit about the cash flow of orchestras, but If you’re not a fan of classical music, Future of Music Coalition has just released some data that might be a little more relevant to you.
If you are a current investor, it may hurt you to hear this, but Pandora ceases to exist without access to artists’ music, and in no way can it (or should it) be the other way around. Ask yourself this: Will the music royalty checks decrease or stop rolling in if Pandora goes away? No. Will you stop listening, buying, streaming, borrowing, renting or stealing music if Pandora goes away? Now I feel you may be trusted to answer that question in any which way you wish — but try to be honest. read more