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."
Record companies lose, artists gain
* 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.
In July 2012, professional poker-player Phil Ivey won $4.8M from the baccarat tables at Atlantic City’s Borgata Hotel Casino & Spa in 17 hours; on other occasions, he took a total of $9M out of the Borgata: he did it by asking the house to deal Gemaco Borgata cards, whose backs contained minute asymmetries in […]
The five Volkswagen executives who were criminally charged in the USA for their role in the Dieselgate scandal have been advised not to travel to the USA because they are liable to arrest there: they’ve also been told that leaving Germany is risky because they might be arrested and extradited to the USA.
When you open the box for a Storm Trooper snuggie blanket, you’ll discover a card telling you that by buying the blanket, you’ve waived your right to sue the manufacturer and will subject yourself to binding arbitration if your blanket gives you cancer or burns you to death or any of the other bad things […]
One of the best ways to progress a career in project management is through earning recognized certifications. These certifications carry significant clout and don’t require expensive tuition or student loans. This Ultimate Project Management Certification Bundle is a great example of an affordable way to get ahead. It includes training for 9 certifications including PMP, […]
There’s nothing quite like the rush of playing against a real human opponent. But from a developer standpoint, creating fun multiplayer experiences is incredibly complex. Fortunately, the Unity3D game engine has made all aspects of game creation, including multiplayer functionality, as accessible as ever.This Unity Course Bundle introduces all of the necessary elements of creating […]
The 2016 World Series game 7 will undoubtedly go down in history as one of the greatest baseball games of all time. With endless suspense, a nefariously-timed rain delay, and extra innings, it reminded over 40 million viewers why they love America’s pastime – and why all bets were truly off in 2016. Savor the […]