Distribution of Music Revenue

As my earlier post from the WSJ article illustrated how the music industry model is not making sense to the fans.  Here are details illustrating how the current business model does not make sense for the artists either.

Is a patronage model the answer?

JULY 12, 2010

SAD PIE CHART ILLUSTRATES DISTRIBUTION OF MUSIC REVENUE...

THE ROOT | READ FULL STORY >

The Root:

If you thought the life of most musicians was comparable to the blissful and blinged-out existences of Kanye and Rihanna, you’ve clearly not heard much about our ever-desiccating music industry. According to the latest Nielsen research, only 2.1 percent of the albums released in 2009 sold even 5,000 copies—that’s just 2,050 records out of nearly 100,000, and to fewer people than go to a small liberal arts college.

James Brown - The Big Payback (mp3)
Mojo Nixon - Big Payback (mp3)