Sunday 9 October 2011

How do Music artists make money in the digital age?

There is still touring, interviews, appearances and so on, but record sales used to be the bread and butter salary for many recording artists. Today it is more common for people to rip music from youtube or similar sources or simply free stream the latest CD from their favourite band through Last FM or Spotify.  New media technology offers an unparalleled opportunity for artists to reach a vast audience. This sounds good for the artists, but what does it mean in hard cash sales? 
An article on the wonderful site Information is Beautiful shows what those streams and downloads mean for today's musicians. For example, for an artist to earn the minimum wage (equivalent in US Dollars, he or she would have to have a monthly stream of 4,053,110 plays. 
 How Much do Music Artists Earn Online?



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