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
“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
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.
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