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indie rock band economics

A recent alternative press article discusses the dismal economics of independent rock bands. As you can imagine, it’s bad:

In an interesting display of transparency, indie musical duo Pomplamoose wrote a detailed article, describing what it took financially to go on a 28-day tour.

To sum it up, the band made $135,983 in revenue and incurred $147,802 in expenses. So they lost $11,819. Ouch.

The economic issue is that bands have high costs and small audiences. But if you want a real chance at success, you’ll almost certainly need to expand the audience. So tours for starting bands are a form of investment. Additionally, there’s consumption. In the bigger scheme of life, a few thousand bucks is a small price to pay to be a rock god for a while.

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Written by fabiorojas

December 11, 2014 at 12:01 am

Posted in culture, economics, fabio

2 Responses

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  1. You can get a used copy of ‘Get in the Van’ for around $18. That would have been a great investment for these indie kids.

    Liked by 1 person

    Alex

    December 11, 2014 at 8:39 am

  2. While I agree that it’s probably not easy to make a decent living as a mid-level (or smaller) indie band, the post by Pomplamoose was definitely not the definitive statement on the issue:

    http://pitchfork.com/thepitch/574-op-ed/
    http://chicagoist.com/2014/12/02/actual_independent_musician_calls_b.php (language / mean-spiritedness warning)

    Liked by 1 person

    noahaskin

    December 11, 2014 at 9:49 pm


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