All entries for Tuesday 10 November 2009
November 10, 2009
How to make money in the music business today
Interesting piece in this week's Sunday Times about how it's perfectly possible to make money in the music business even when you only have a relatively small number of fans. The article features the (to me at least) unknown singer / songwriters Kate Walsh and Tina Dico. The key apparently is financial independence: if you're in a deal with a major record company, selling 100,000 copies will bring you less money in royalties than you could get on your own label with a tenth of the sales.