Fans maketh the artist and the fans taketh the artist.
For all artists, the need to create music is enough of a reason to start. Then some artists will have acceptance of their music. And suddenly artists have a thousand plus hard core fans.
Artists are normally happy to sell out the limited run of super deluxe editions of albums.
For the medium to larger acts, this is about 20,000 copies of an album between the prices of $50 to $200 each, and you can see a cool gross income between $1 million and $4 million. If the artists own their rights and are in control of their masters, then the deluxe editions if done right, can be a nice little supplement.
And streaming also gives the artist control of where their fans are, in which cities they live and which songs these fans are listening to. If the artists have the resources, then they can tour these places. Scorpions and Whitesnake are coming to Australia and I am pretty sure it’s on the back of some impressive streaming numbers, because it wouldn’t be on sales.
More so than ever, the fans decide how they want to commit to their relationship with the artist. And a lot of fans of music are also pretty content to listen to music at home, without feeling the need to go out and watch an artist live.
It’s part of the new world.