A brand new research has proven that 76% of recent artists really feel their profession in music is unsustainable. The findings come after a sequence of feedback by Spotify CEO Daniel Ek, wherein he in contrast the music trade to skilled soccer – saying only some will be capable to flip it right into a profession.
A part of Toolroom Academy’s report From Combine to Mainstage – The Blueprint for Rising Digital Artists [via Mixmag], the research goals to “determine and perceive the boundaries that rising artists face and supply actionable methods for overcoming these challenges, in the end paving the best way for sustainable careers within the trade”.
The research noticed 250 up-and-coming artists surveyed, and interviewed extra established artists, too.
These topics have been requested about what they felt have been their private, skilled and monetary boundaries to success inside the music trade. Key takeaways included that fifty% of artists battle with self-confidence, and 82% stated they depend on jobs exterior of the music trade to maintain themselves. Of those 56% work in stated job in a full-time capability, and 26% part-time.
The report concludes that “there’s a vital hole between expertise and recognition”, and Toolroom Academy subsequently introduced the launch of its new Artist Growth Masterclass, a 12-month programme which can assist artists “create a whole marketing strategy”, spanning subjects together with music regulation and networking.
In one other blow to aspiring profession musicians, Daniel Ek earlier this week stated the price of creating content material in 2024 is “near zero”, prompting swift and widespread outrage from the web.
You’ll be able to view the full report or find out more about the Artist Development Masterclass at Toolroom Academy.
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