Comment Re:Fairly well known issue (Score 1) 567
Let's be totally honest here, there has never been a time when musicians could expect to make a decent living making music. Being able to make a comfortable living as a musician was always akin to winning the lottery.
What the post-media conglomerate era does promise, though, is that there will be more chances again for good musicians to become moderate successes, as live performances become more important and music studios lose their power as gatekeepers. So instead of just one superstar act out of a thousand, we now have ten star acts out of a thousand.
You do recognise that recordings are becoming more of a promotional tool rather than something sold for profit, though I would add that what is important is the quality of the recording also plays a role. Those recordings that are swapped and shared tend to be lower or questionable quality, but people still buy music from Apple and Amazon, are willing to pay for high quality and reliability. This is an important nuance, and I feel that in the end streaming and sharing of low-fi files will take the role that radio and hit compilations used to fill, with hi-fi recordings replacing the purchased singles and albums.
But music, like any other art, will remain a difficult medium to become successful in. The only real difference now is that we can see the number of artists that couldn't even make it into the gatekeeper's stables.