With paltry streaming royalties and a cost-of-touring crisis, it’s harder than ever to make money as a musician. Claudia Cockerell on the household names who are taking up side hustles, and what it says about the state of the music industry
Touring has always been a boondoggle. Artists could make bank if they were selling out shows, but the baseline venue prices have skyrocketed out of reach for most fans. The producers, promoters, engineers, technicians, roadies, not to mention lodging, travel, and food, a lot of people expect to be paid before the artist makes a dime.
Touring has always been a boondoggle. Artists could make bank if they were selling out shows, but the baseline venue prices have skyrocketed out of reach for most fans. The producers, promoters, engineers, technicians, roadies, not to mention lodging, travel, and food, a lot of people expect to be paid before the artist makes a dime.
Ticketmaster and LiveNation (also Ticketmaster) expect to be paid most of all. The own so many venues it’s incredible.