Artists have always struggled to make ends meet, and more so since the drop in sales of physical product, i.e. CDS, cassettes, vinyl, and VHS music videos. A survey of the Future of Music Coalition claims musicians make, on average, $34K a year. Even if true, this figure does not take into account touring and recording expenses. And the business is not made up of the likes of Rihanna or Kenny Chesney who easily make more than $10M a year.
Thank you to all of our panelists and participants for an amazing weekend. Sign up for the FMC newsletter to get first word on upcoming events and workshops.
Future of Music Coalition (FMC) and the Center for Cultural Innovation (CCI) present a new workshop focused on the unique needs and challenges of working musicians.
Revenue streams, access to markets, and how musicians, labels and songwriters are compensated
Wednesday, April 15, 2015
How are recording artists paid when their fans buy downloads on iTunes? How are songwriters paid when their music is played on Pandora? Since our founding, Future of Music Coalition has provided musicians, managers and labels with the in-the-trenches details about how performers, songwriters and labels are each compensated when their music is either streamed or downloaded on an array of music services. read more
Remember when we told you about that ambitious, groundbreaking survey on musicians’ revenue streams? Well, we’ve got all the data, and we’re now in the process of making it available via unique presentations that highlight specific areas of our research. Through ths ongoing effort, we hope to shed light on the large, diverse, and specialized group of folks that are musicians. read more
On September 6, Future of Music Coalition launched a Money From Music — a groundbreaking new survey to determine how US-based musicians and composers are getting by in a changing landscape for music. What does a 21st-century artist revenue stream look like, and how has it changed over time? What are the similarities and differences between jazz artists, classical musicians, singer-songwriters and emcees? We really want to know. And you can help. read more
Since its birth in 2005, the nature of YouTube as a platform for (just) homegrown video has undergone some seismic shifts. The site is now home to more media than almost any online streaming platform. Cute kittens and The Beatles (OK, little kids singing The Beatles) are now only a single click away. read more