How Do Artists Make Money?
Want an enlightening look at where the money in the music business goes? So does the Future of Music Coalition. They are studying the results of an in-depth research project to establish what the revenue streams are for musicians in all genres of music – from classical to indie rock.
The Future of Music Coalition, founded in 2000, is a national non-profit that focuses on education, research and advocacy for musicians. They also produce an extraordinary annual summit attended by musicians, music industry heavyweights and government policymakers.
Here is the breakdown on how survey results were compiled:
More than 5,000 US-based musicians and composers were surveyed between Sept. 6 – Oct. 28, 2011.
More than 75 musicians participated in in-depth case study interviews.
Nine musicians provided financial records.
Future of Music released early findings at SXSW last weekend and will be continuing their research for two years. Get on their mailing list to stay informed.