A few music related blogs have posted the video above. Basically it states what most musicians know or are in the process of finding out: It’s very hard to make a living in the music business. I still make a percent of my total income from music but it’s largely from live performances and legacy hit records. That said, I would never stop making music because I love it and what it does for me other than buy me material goods. I also suspect that although the industry is in an all time lull profits will rise for those dedicated and talented.
“Topspin CEO Ian Rogers, captured at New Noise Santa Barbara, notes that only 25-30,000 musicians are actually making a living through their music.” – sonicstate.com
For more info: digitalmusicnews