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Old 05-30-2013, 08:50 AM   #1
cthulhu_waves
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While Bieber and Swift roll in the dough



More artists like Cat Power and Grizzly Bear go bankrupt. It's just sad. Your thoughts?

Lifted from http://www.theatlanticwire.com/enter...U4M0.facebook:

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You know times are tough for indie musicians when even Chan Marshall—who released a Top 10 Billboard album and played sold-out concerts this year—is bankrupt. The singer known as Cat Power has announced a likely cancellation of her upcoming European tour because of financial and health problems. Before taking the stage in Minneapolis last night, Marshall broke the news on Instagram with the following message:

I MAY HAVE TO CANCEL MY EUROPEAN TOUR DUE TO BANKRUPTCY & MY HEALTH STRUGGLE WITH ANGIOEDEMA. I HAVE NOT THROWN IN ANY TOWEL, I AM TRYING TO FIGURE OUT WHAT BEST I CAN DO ...

It's no shock to learn that musicians lead financially precarious lives, but the thought of an artist as big as Cat Power going broke is particularly disheartening. The album Marshall released last month was as successful as any indie product could hope to be in 2012. Sun broke the Bilboard Top 10 and made a splash in Europe, peaking at No. 6 in France. It went over just as well with the critics, with reviewers calling the album "honest, accomplished, and pretty much just beautiful." Then she did what's required of every modern day songstress wanting to put bread on her table—she went out and played, selling out a number of clubs. If that's not enough to turn a profit in indie music, then who knows how deep in the red all the artists who didn't make it onto the Juno soundtrack must be.

Marshall's bankruptcy resonates with the angle Nitsuh Abebe took in his recent New York cover story on Grizzly Bear. Abebe showed that "hitting the big time" for today's musicians means having enough to pay the bills, feed yourself, and maybe buy a few vinyl records now and then. Health insurance remains a huge concern. Some Grizzly Bear members admitted to being uninsured. Marshall hasn't publicly disclosed her insurance status or commented on whether health costs led to her bankruptcy. But let's hope she has a health plan, because she's been something of a fixture at Miami's Mt. Sinai Medical Center lately. In 2006, she checked in for alcohol addiction, and last month she was back in one of their hospital beds for undisclosed reasons. Her admission that she suffers from angioedema—a serious condition that causes swelling in the face, tongue, and throat, sometimes leading to life-threatening suffocation—is scary. With or without coverage, these kinds of persistent medical issues can put the brakes on a musician's career. Or at least force them to put music on the back-burner while working a day job for the health benefits.

Everyone knows that artists go out on a financial limb by committing to creativity as a career. But it's beginning to look like even the most successful musicians—the ones that grace magazine covers and inspire bloggers to gush out 2,000-word think-pieces—will soon struggle to eke out a living from their craft. In retrospect, Sun's closing track "Peace And Love" was full of clues about Marshall's flagging financial health. Her angry lyrics referenced the 99 percent, Wall Street, and the paltry sums artists accrue in the post-Spotify marketplace.

A hundred-thousand hits on the internet
But that don't mean shit
Even if you're legitimate.

Now we know Marshall wasn't just channeling generalized, post-recession frustration through her music. She was singing very specifically about her own diminished economic prospects.

Last edited by cthulhu_waves; 05-30-2013 at 08:53 AM..
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Old 05-30-2013, 08:52 AM   #2
Markul
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Never heard of them.... (Cat and the other)
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Old 05-30-2013, 08:52 AM   #3
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Old 05-30-2013, 08:53 AM   #4
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Old 05-30-2013, 09:50 AM   #5
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Never heard of her. She should have had a better marketing machine. Taylor Swift has the best I have ever seen, she is making $ every way she can.
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Old 05-30-2013, 09:52 AM   #6
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It's funny... it seems that everybody and their Grandfather rips on Bieber... yet he keeps getting richer. Strange how this money comes from nowhere.

The fact of the matter is, you are getting older. You are losing your insight as to what the "kids" want. Rip him a new asshole. Call him a "no talented" cunt.

At the end of the day he is driving a Ferrari, and you are driving a Chevy.
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Old 05-30-2013, 10:03 AM   #7
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Never heard of her. She should have had a better marketing machine. Taylor Swift has the best I have ever seen, she is making $ every way she can.
Both of those bands/artists are pretty famous for independent musicians and Cat Power's been around for almost 20 years, but they're totally different animals than Taylor Swift. Swift's had the backing of a major label since her teens, makes easily digestible pop music, and has huge resources and $$$ from that label marketing her in every which way. A different experience from indie musicians entirely who don't have a massive well-funded PR machine in their corner.

In some ways a lot of these artists deal with some of the same issues we're facing - in both music & porn, piracy is the norm with formerly paying customers (and especially the newer generations) expecting quality content delivered to them for free.
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Old 05-30-2013, 10:23 AM   #8
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Maybe they should consider becoming sellouts like the thousands of rich sellout artists who came before them.

Or have they already? I don't know, I'm asking because I too have never heard of either of them.
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Old 05-30-2013, 10:25 AM   #9
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only a really small % of musicians makes money - has always been like that and will never change
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Old 05-30-2013, 10:27 AM   #10
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Never heard of this person.

Being a success doesn't mean you are the best. It means you are good at what you do, and good at marketing - AND have the right people behind you. I believe Taylor Swift has loads of talent, Beiber not so much, but because that little dipshit has the right people and the right marketing behind him he's making bank.

The others... Have clearly failed at marketing. No one's ever heard of them.
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Old 05-30-2013, 10:32 AM   #11
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indie musician = no money
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Old 05-30-2013, 10:37 AM   #12
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Again - both bands are pretty well known, at least for folks who pay attention to non corporate-radio-Top-40 stuff.

Bieber & Swift are outliers - they've had millions of marketing dollars behind them since they were teenagers (and in Bieber's case even before that). They were manufactured into stars by the labels.

The point of the article (especially the other one it links to) is that these "high-level" independent bands are making waaaay less of a living than musicians with *equivalent* exposure/audience/touring did 10-20-30 years ago.
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Old 05-30-2013, 10:44 AM   #13
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Dont know what pretty well known means when most here have no idea who they are.

Often this situation comes from over spending and no forward thought.

Sad.
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Old 05-30-2013, 10:50 AM   #14
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Quote:
Originally Posted by Harmon View Post
It's funny... it seems that everybody and their Grandfather rips on Bieber... yet he keeps getting richer. Strange how this money comes from nowhere.

The fact of the matter is, you are getting older. You are losing your insight as to what the "kids" want. Rip him a new asshole. Call him a "no talented" cunt.

At the end of the day he is driving a Ferrari, and you are driving a Chevy.
bieber himself is inconsequential. you could replace him with any number of people who look 'cute' to young girls and can sing. the people making him the money are the marketers behind him. there are thousands of people more talented than him who will never do anything with it. if he did not get picked up by usher and given 'the next big thing' treatment, he'd be just another nobody uploading crap to youtube.
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Old 05-30-2013, 10:54 AM   #15
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Lol, okay I give up. There's a conversation to be had here about how audiences/customers/surfers have changed what they're willing to pay for & what they expect for free, or about the new realities for content producers in any media.

The equivalent of Bieber & Taylor Swift would be if Microsoft or Apple decided to "sign" your porn site & turn it into the Next Big Thing with their budget & PR resources. You'd be a another corporate product for sure, but it'd also be almost impossible not to make assloads of $$$.
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Old 05-30-2013, 11:07 AM   #16
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...but what about all those studies that say that piracy is actually INCREASING sales?!
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