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
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.[…]
Ever wonder what the living wage is for a jazz band leader living in London? Or how about a cello player in an orchestra? Many of these musician gigs don’t win a popularity contest when it comes to the public’s perception of the music industry. There are tons of bedroom producers and garage bands that can generate a short-lived buzz, but it takes years of practice and formal education to develop a stable stream of income for the average musician. Luckily, they’ve got the Future of Music Coalition looking out for them.
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…
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…
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.
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
The Future Of Music Coalition has published a case study profiling artist revenues in a number of occupations: Jazz Bandleader-Composer, Indie Rock Composer-Performer, Jazz Sideman-Bandleader, Professional Orchestra Player and a Contemporary Chamber Ensemble. read more
Digital Music News reports on a new study by The Future of Music Coalition, who interviewed thousands of bands and artists about the makeup of their teams and found that attorneys and accountants were overwhelmingly the highest-paid members of said teams, outranking label executives, publicists, tour managers and everyone else: read more
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. read more