Espen writes: "A recent study of the Norwegian music industry has found that over the 10 year period from 1999 to 2009, the average income of music artists has increased (inflation-adjusted) by 66%, while record sales has halved. The reason is that income from concerts, collection agencies and public stipends has increased to more than make up the shortfall - and since record sales only pay, on average, 15% to the artist, the shortfall in record sales does not afflict them as much.
The study suggests that record companies will become less important as an avenue to stardom - and that artists will have to take more responsibility for their own marketing."
Facts:Record companies lose, artists gain (Thanks, Espen!)
* Income from concerts has increased, on average, 136% from 1999 to 2009
* Income from collection organizations such as TONO, Gramo and others has increased 108% from 1999 to 2009
* stipends and other supports from the government has increased 154% from 1999 to 2009
* The number of registered active musicians has increased by about 28% during this period
* All figures have been adjusted for inflation.
- Why the copyright wars matter: a reply to Helienne Lindvall ...
- David Byrne's guide to being a musician in the 21st century ...
- Musicians record album in rebuttal to File Sharing is Killing ...
- Musician's open letter, sung to Lily Allen
- Michael Jackson and the "Zombieconomy"
- Amanda Palmer sells $15000 worth of merch in three minutes; you ...
- Nine Inch Nails made at least $750k from CC release in two days ...
- Monetizing Emma: a play that marries dumb securities with Jane ...
I write books. My latest is a YA science fiction novel called Homeland (it's the sequel to Little Brother). More books: Rapture of the Nerds (a novel, with Charlie Stross); With a Little Help (short stories); and The Great Big Beautiful Tomorrow (novella and nonfic). I speak all over the place and I tweet and tumble, too.
MORE: Action • Business • Technology
More at Boing Boing
-
sandman
-
scolbath
-
MustWarnOthers
-
Anonymous
-
scaught
-
Anonymous
-
Anonymous
-
Anonymous
-
-
Unmutual
-
Anonymous
-
Anonymous
-
g.park
-
Suds
-
-
-
Anonymous










