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
I was under the impression that while streaming was garbage for money that touring was the cash cow. Apparently it’s a loss for these artists. It makes me sad that all the profits get vacuumed up by everybody but the artist.
For anyone unaware, the "music industry" had a brief period around 1960-1978 where they led youth culture and brought some decent artists to the fore, including [everyone]. Which was ironic as they started mostly as a goof by rich people or a front by the mafia.
A "record deal" was always a sucker's deal because they'd loan you $300,000 or whatever and then decide how much you'd paid them back over however many years you made them money. The companies didn't buy videos or tour buses or billboards or anything -they fronted the money and the artist paid for that, usually without knowing it.
Around 1980, in a coke-fueled bender that lasted over a decade, they decided "fuck it" and just screwed everyone they could for every dollar they could. Fortunately, they were so stupid and up their own asses that mp3s destroyed them after a decade of them trying to decide who was going to get fucked more than who else. (Anyone remember the DAT wars?)
Billions were made but the artist usually only saw a small fraction of that because record companies were "riding the gravy train" and living fat off all the money. Nothing has changed. No one is going to wake up. It was always this bad. It's just that being a touring musician used to be at least a job and a career and now it's pretty rare.
If it helps, think of it like this - there's no one in any seat of real power in the "music industry" who is a musician. They don't give a shit about what they're selling, it could be cow pies for all they care - they'd look and act exactly like they do now because it has 100% nothing to do with music. It's just marketing a persona and bilking them for all they can.
And it's been that way the entire time. Yes, there are exceptions, but not many.
I have no idea who these women are but the music industry knows what it is. And it’s gotten worse. And it doesn’t care. The industry needs to die and art profits should go to the artist.
It needs to be illegal for record companies to get rights for anything other than distribution.
If your band is signed with Polygram you can’t even record a duet with an artist on another label without paying Polygram royalties for a song that is not your band’s and has nothing to do with them.
I can't comment on these specific individuals, but a situation like that is gutwrenching. Absolutely nothing against OnlyFans and other adult entertainment, there are tons of people who genuinely enjoy and take pride in the work, but if there's even a slight hesitancy or feeling of pressure to do it just to support their real careers, the notion seems deeply awful and psychologically damaging.
I'm sorry to be the asshole here but ... She hasn't been on the charts for nearly 10 years... She probably amassed more wealth than most of us will in a lifetime. If she's unable to work a regular job now to keep up the lifestyle and has to sell feet pics... Sorry but boohoo