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 

 Hmm if the cost of production is close to zero then the musical output should also decrease.

Single tone sine waves are all this market supports. 

 Hmm if the cost of production is close to zero then the musical output should also decrease.

Single tone sine waves are all this market supports. nostr.fmt.wiz.biz 

 Lmao  keep complaining man, that’ll get you so much further 

 Not complaining, telling you first hand how many in the industry are living.

 

 To add on. What is not accounted for is TIME.

For example Dark Side If The Moon was made during a 6 month lock out for the whole of Abbey Road Studio 2. Lock out means the studio is available at all hours in that time. Essentially the band own that space.

Say those facilities now exist in a laptop (they don’t really). Then it still takes the musician TIME.

Ironically a big tune on that album was also labelled time.

For streaming revenue, the average musician should be submitting short test tones until the situation improves. 

 And if you’re Metallica these should be slightly longer bursts of white noise.

Oh hold on a second…