Quote:
Originally Posted by kovidgoyal
It's quite a conundrum, as a young musician, you can only make money if lots of people listen to your music, but lots of people are only going to start listening to your music if you give it away for free, and more than that, actually spend money on promoting it...hence the existence of record labels. But digital content makes it seem increasingly unlikely that record labels are going to be able to recoup their investment in musicians.
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Musicians nowaday makes money in other ways. Mostly concerts and selling things at concerts. Yes, maybe it will be impossible to make an extreme amount of money (like Madonna or other big artists) in the future but I do not see that as a lose.