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An Indie Rocker's Annual Income... Results Not Typical?

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A full-time independent rock musician and composer (who remains anonymous) has agreed to share some details of his income streams from 2008-2011. The Future of Music Coalition has released this case study (pdf) and highlights how this artist balances his risk/reward tradeoffs managing his own solo work versus being a salaried band member with a record label contract.

In 2008, this musician's income was >90% derived from a salary being in a band.

By 2011, this musician earned ~25% of his income as a salary from a band and ~75% of his income from being an independent soloist.

Does this situation seem common? What lessons can be learned from this artist's career so far?

initiated Mar 22, 2012 in Lessons Learned by Michael Ho (2,370 points)   2 14 27
   

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