Comments on: Join Us – Announcing The Farm Team http://theartistfarm.com/2010/06/be-advised-professional-artists-are-business-owners/ Wed, 27 Jul 2011 01:21:46 +0000 hourly 1 http://wordpress.org/?v=3.0-beta2-14640 By: Peter S. http://theartistfarm.com/2010/06/be-advised-professional-artists-are-business-owners/comment-page-1/#comment-2011 Peter S. Thu, 24 Jun 2010 22:00:10 +0000 http://theartistfarm.com/?p=1122#comment-2011 The smart artists will realise this and thrive but the artists who don't see this or those for whom current success is down more to aggressive marketing/promo than talent will struggle as the big labels and the "music industry" continues its disintegration. The way I see it if I have 10 000 loyal fans who buy my self-funded and self-released album I can make for arguments sake $5 a CD. Bolt on to that touring, concerts, writing, features, sponsorship, promotional deals and so on. The other option is a major release that might sell a few hundred thousand (if you're lucky) from which you might make a $1 a CD but nothing after the label takes their cut. Today is an exciting time to be an artist if you're business savvy. The smart artists will realise this and thrive but the artists who don’t see this or those for whom current success is down more to aggressive marketing/promo than talent will struggle as the big labels and the “music industry” continues its disintegration.

The way I see it if I have 10 000 loyal fans who buy my self-funded and self-released album I can make for arguments sake $5 a CD. Bolt on to that touring, concerts, writing, features, sponsorship, promotional deals and so on.

The other option is a major release that might sell a few hundred thousand (if you’re lucky) from which you might make a $1 a CD but nothing after the label takes their cut.

Today is an exciting time to be an artist if you’re business savvy.

]]>