Why even successful bands struggle financially

From altpress.com:

Recently, Ace Enders announced that due to financial constraints, he would likely not be able to continue touring, and the album he’s working on now may very well be his last. Since Enders revealed this, he’s received a massive outpouring of support. Fans have sold T-shirts and wristbands to benefit Enders, his wife and young child. Supporters have solicited donations to help the musician continue being, well, a musician. The response has not been entirely positive, however. Some people think that if you’re a famous musician (or at least relatively well-known) you shouldn’t need or accept financial support. The circling question seems to be: If musicians sell records and merch and get paid for playing shows, why don’t they have any money?

The idea that musicians—even well-known musicians who sell out large club shows—have money is a misconception for the most part. Financial concerns and viability obviously vary from artist to artist; no two musicians are exactly the same when it comes to money and how it’s made and spent. But what most fans fail to realize is how much it costs to be a musician and how much more it costs to be a musician on the road.

Read more HERE.

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One response to “Why even successful bands struggle financially

  1. Pingback: Tweets that mention Why even successful bands struggle financially | THE GRAPE ROOM -- Topsy.com

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