Live music is back, but touring is risky
Front Burner
00:00
Touring Isn't a Dream, It's a Career
Daniel x positions spotify as an economic driver of music. A lot of artists say the reason they can't afford to take a hit on tour is because streaming revenues can be so small. Although spotify share price has cratered since last year, they're doing all right. The company says its revenue jumped almost 25 % last quarter. Tao st. A uk group called the pocket gods put out an album this year called one thousand times 30. Nobody makes money any more lakeit says on the tin, it's one thousand 30 second songs,. Because that's the minimum length to earn royalties for a spot ifi stran.
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