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by gomox
2878 days ago
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I have a few friends that are aspiring musicians with what I consider to be a high quality product, and they both struggle to make a living out of it, bankrolling their music endeavors with side gigs or similar avenues. In the age of the Internet, it seems clear to me that from a macro economic perspective, the only scarce things a musician can provide are (a) experiences and (b) physical goods. It seems like no small/medium artist can expect to make a living out of YouTube views or Spotify plays. Is anyone here that is more knowledgeable about the industry able to comment on what tech-enabled avenues exist (or may come into existence in the short term future) for younger musicians to make a living? Crazy ideas are OK (for example, I think VR live concerts might be a thing at some point, but I don't have enough understanding of the industry to tell whether something like Ujomusic makes sense). |
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Ultra specialization is one option. It's easier to make it as a Christian Rocker than a regular Rocker, but the rabbit hole goes really deep here.
Become part of someone else's content creation process. From video game soundtracks to a song writers demo tapes, many people want to turn a written song into music and while you generally don't get residuals you can still make decent money this way.