Oddbean new post about | logout
 Just to quote Jeff Booth, prices fall to the marginal cost of production. It’s much cheaper to produce an album today than the 80s. Any bedroom artist can put out a high quality track with minimal gear, granted they have the extra skills.

Also, when buying a $10 album, you’re paying for all the songs on the album, even if you only listen to a few. Streaming basically bypasses that, which cuts a significant amount of revenue from B-sides. 

I do think it’s much harder to be a middle class musician than before. Much more work and skill sets are required, along with fierce “competition” nostr.fmt.wiz.biz