Average Artist Income 1 Bajillion Dollars – Cure Cancer, Bring Peace To The Middle East And End World Hunger

By Jeff Price

In the words of President Obama,  ” … if we just make stuff up and pretend that facts are not facts, we are not going to be able to solve our problems if we get distracted by side shows and carnival barkers…”

This “average income” conversation is the strangest I think I have come across in quite some time.  We are sitting in the middle of a transformation of a sector and the conversation is about a silly useless statistic around dividing Lady Gaga’s income into other people’s bottom line?

Sorry to disappoint anyone, but the truth is just not that exciting, but here it is: some artists make a lot of money from the sale of their music, others make a moderate amount and many more make very little. This is just as it has always been (and will continue to be).  I’m not certain what the point is around this average income statistic – it would be the same as stating the average amount of money for a band on a major label is Lady Gaga + Eminem + Jay-Z’s income added into all the other bands and then divided. Huh?

(On a side note, artists signed to major labels typically did not make their money off the sale of their music but via other income streams.  Artists today can make revenue off of all income streams)

May we all agree that there will be fewer superstars than non-superstars and move on to the real story?  Despite the traditional music industry releasing less music now than at any point over the past 15 years there is actually more music being distributed, bought, sold, streamed, shared, discovered and generating revenue for more artists/songwriters than at any point in history.  Is it not more important or interesting that the gatekeepers are gone and that there are hundreds of thousands of artists who, for the first time, have: access to distribution, the opportunity to be discovered and are actually making at least some money off their art?

In addition, the revenue these artists are generating–no matter how little or much–is coming in from a variety of sources, some new and some old.

No, not everyone is a mega-superstar–to suggest as much is ridiculous (the major labels have a historical 98% failure rate). Yes, there are mega-superstars, but now also a larger strata of musicians and labels who are able to generate revenue, fame and notoriety through their craft and businesses.

Some of these artists will be signed to record labels, others will do it themselves, and some will have other types of deals.

Let’s not get distracted from the true changes and issues at hand by the side shows and carnival barkers who make up silly little numbers to be sensational in an attempt to drive web traffic .

(By the way, if you add up the ad dollars from the Huffington Post, TechCrunch and  all of AOL and Google’s blogs, and divide, you will end up with the average amount of ad dollar money a blog will generate.)

Le Butcherettes On Their Creative Approach To Songwriting And The Meaning Behind Their New Album

Le Butcherettes know how to put on a live show. The “garage-punk trio” (which originally began in 2008 as a duo), fronted by Teri Gender Bender, has come from Mexico to Los Angeles, bringing with them an almost theatrical energy and obvious passion for their music. Read on to learn about the band’s unique songwriting process and how their new album Sin Sin Sin represents both musical and spiritual growth. Continue reading “Le Butcherettes On Their Creative Approach To Songwriting And The Meaning Behind Their New Album”

Gadgets We Like: Concert Vault App From Wolfgang's Vault

Did you also happen to miss The Monkees performing live at the Sun Theater on August 31st, 2001? Or maybe Rod Stewart and The Faces at The Anaheim Arena or October 17th, 1973? Well, thanks to a free app by Wolfgang’s Vault, we can listen to all of the live performances we missed. The Concert Vault App for the iPhone, iPod Touch, and iPad provides access to live concert recordings when you sign up for free.

Concert Vault came to be after Wolfgang’s Vault got their hands on master recordings from the archives of Bill Graham Presents in 2003, which contained live concert recordings from shows between 1965 and 1999.  Wolfgang’s Vault’s collection grew as they acquired archives of the King Biscuit Flower Hour in 2006. Soon they added to that country music, indie rock, folk, and jazz catalogs, and the list keeps growing.

The app version of Concert Vault gives you access to these vintage concert recordings dating back to the 60s without requiring that you be at your computer.  In order to find concerts you can search by artist, browse categories, check out the latest additions and most popular concerts, or tune into Wolfgang’s Vault’s radio stations.  As you’re listening you can create playlists and rate concerts, thereby building a collection of favorites.  You can also access music sessions, articles, and artwork from the Daytrotter app.

I think I better go listen to The Who live at the Filmore East in ‘68, since I missed that one because I hadn’t been born yet…

Learn more about the app from Wolfgang’s Vault

Head to the iTunes app store to download it!

Adapting To The New Music Industry

They say one year on the Net is like five years in the “real world,” in regards to the music industry, one year sure feels like 15.

When we launched TuneCore half a decade ago (sounds more impressive than five years) we built a system to change the music industry and empower and serve artists.  Since then, the industry has changed and evolved: new stores have popped up, others have shut down; more music is being released, bought, streamed and shared as major labels downsize, release less music, consolidate, put themselves up for sale or get taken over by banks.  Music sales by unit are up another 1.5% in 2010 (around 1.6 billion units).  With the rumored forthcoming “cloud services from Google, Apple and Amazon and Spotify entering the US, the concept of over a trillion units being streamed or bought per year is no longer fantasy. Over the past 28 months alone, TuneCore Artists have sold over 300 million units generating over $150 million in gross music sales.  Most of these TuneCore Artists are also the songwriter, the publishing company, and the performer, earning them over $100 million more in additional revenue from each of these additional income streams (more on the six legal copyrights that drive the music business can be found here).

 

Continue reading “Adapting To The New Music Industry”

Guess How Much Money You Made. Seriously, You Need To Guess.

By George Howard and Jeff Price

(Follow George Howard on TwitterFollow TuneCore on Twitter)

In order for a business of any kind to succeed you must have metrics.  You must, at minimum, be able to calculate both how much the business is spending and how much the business is making.  The music industry today, in many respects, requires and rewards the artist who views herself as a business-owner/operator.  Artists can (and we’d argue, should) be their own label, songwriter, and publisher.  As such, artists can develop multiple revenue streams for their business.  Downloads of the artist’s records generate income; usages of the song/master in film/TV generate income.  Both of these streams of income are fairly easy to quantify.  A download of a song generates roughly $.70, and income from usages in a movie/ad, while negotiated, are clear and precise.

Continue reading “Guess How Much Money You Made. Seriously, You Need To Guess.”

Guitar Miking 101 + Electronic Musician Magazine Offer

If you’re interested in more articles like the one below, Electronic Musician Magazine is offering TuneCore users a special subscription discount starting today (April 14th, 2011).

There are 2 offers available (Click the offer to view details and purchase)

Short term offer: 3 issues of EM Magazine for $3

Continuation offer: 9 issues of EM Magazine for $9

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Guitar Miking 101

 

 

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By Bobby Owsinski & Rich Tozzoli

Bobby Owsinski is a producer, engineer, and musician who has authored 13 books on recording, music and music business. Check out all his books at bobbyowsinski.com and his production blog at bobbyowsinski.blogspot.com. Rich Tozzoli’s music can be heard on various cable television shows and major sporting events. Discover more about Rich at richtozzoli.com.

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The most common recording process has an engineer EQing, compressing, and adding multiple mics in trying to capture a sound, yet never taking into account what the sound in the room at the source is like. In this excerpt from The Ultimate Guitar Tone Handbook by Bobby Owsinski and Rich Tozzoli, we’ll see why it’s important that every engineer use the following steps during any serious microphone placement:

 

Continue reading “Guitar Miking 101 + Electronic Musician Magazine Offer”