All Or Nothing: The Economic Reality Of Today’s Music Business

“The point is that while music is as lucrative as ever for those at the top, what’s diminished, as in so many jobs, is the comfortable middle, where once upon a time musicians who never quite hit the big time could nonetheless make their living: not super-rich, but doing fine and enjoying a certain stability. What we are left with now is a kind of all or nothing, in which you either scale the dizzy heights or languish forlornly at the bottom.”

source ArtsJournal http://ift.tt/1QOKhhI

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