Ever wonder how ridiculously difficult it is for musicians to make minimum wage by selling their sonic art? The Atlantic just put out an article, How Musicians Really Make Money in One Long Graph, on how modern musicians can make money through various sales/websites. The article was based on a post at The Cynical Musician, which covered potential royalties in almost every form and did calculations to project necessary sales needed for artists to make 1st world slave wages.
The idea is this: the chart they produced tells you what sort of items are being sold, theoretically, like a hardcopy CD, a digital download, etc. And then it tells you how many of those items the music artist would have to sell in order to earn the average US monthly minimum wage income of $1,160. The results are very, very interesting.
"..the vast majority of music we listen to comes out of the Internet, where most of it is free. How are bands supposed to make money off of clouds and $0.99 files? This extremely cool chart from the folks at Information Is Beautiful, based on a post at The Cynical Musician on digital royalties, explains."
Check out the photo, which contains the chart itself.
If you're a musician, then I share in your painfully heavy sighs after viewing this chart. I guess you just have to keep your chin up. Either that or get an office job?? (Sighhh...)