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More Musicians Making More Money Now Than Ever

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Nick Mason of Pink Floyd got interviewed by BCC. He's been appointed to co-chairman of the Featured Artists' Coalition and is challenged with the task of giving acts advice on how to navigate the new industry climate. Like others, Mason recants that it's tougher to make a living off music. It's difficult to break through. Pink Floyd had opportunities that other groups just won't get today.

And imagine that, back then, without buying a record, fans couldn't hear music.

There are many groups around now, but it's a tougher journey to the top. If this sounds like something you've heard before, it's because you have. Not that there isn't some truth to it. But, are things really that dire for up-and-coming artists?

Plus, artists today can argue otherwise. It's they who have opportunities that Pink Floyd never had. They can get their music funded by their fans, upload their album to iTunes in an instant, and connect to their fans directly—without a PR.

Thinking about this, I am reminded of that often said remark that more musicians are making more money from their music now than at any other point in history.

In regards to questions raised about a blog post that TuneCore CEO Jeff Price wrote, he illustrated this assertion rather well. Reviewing Manson's claims and listening to what Price has to say about this, I had to side with Price. Yes, it's harder to become Pink Floyd. The point that he's likely making. But, it's also easier to not be Pink Floyd too. Price frames the argument in these terms:

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