music industry statistics

via Petra Cugalj

We’re all inching towards having our successful show, whether you’re a solo artist, a DJ or in a band, the music industry is a tough place to work in and there’s a lot of people trying to “make it”, just like you. How tough is it exactly? It’s actually pretty simple, let us do the math.

Revenue is usually not shared

Approximately 75% of all revenues in the music industry go to the top few hundred artists recognized as household names and are controlled by major record labels. 20% of the revenue goes to approximately 750,000 actively gigging professional artists and only 5% of all revenue goes to roughly 10 million+ emerging artists. This is where youbloom steps in for you to have a profitable and successful show.

Perform more, share more, grow more

We want you to share your gift of music and perform as much as possible! Most importantly, we want you to take your share of the revenue by doing what you love! That’s the dream, isn’t it? So don’t wait any longer and take the next step today.

Sign up, right now

By signing up with youbloomConnect, you become a part of our global music village, a community of artists, fans, and hosts. People who love live music and who are here to help you grow your fan base and increase your live performances locally and beyond! Getting requested by your fans and playing a youbloomConnect gig can open doors to multiple opportunities. If you get approved by our A&R panel, our shows will lead you to more fans, landing more gigs, more tours, and increased ticket and merch sales!

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YoubloomDublin2017

At around noon on Thursday, June 1st, Dublin’s atmosphere became a bit more community-minded. More specifically, it became a bit more nurturing towards those who possess a love of music.

Sixty independent musicians based in multiple countries—from Portugal to Sweden—would play a unique gig during that weekend at the youbloomDublin Music Summit & Festival, an independent music conference and festival. Its uniqueness stems from the fact that youbloom caters specifically to unsigned artists with the intention of altering the current unsustainability of said artists.

How do they accomplish this? Well, just ask the artists themselves who performed at youbloomDublin three weeks ago.

Oski Bravo at youbloomDublin

But first, let’s take a step back.

The Music Industry Exposed

The music industry is extremely skewed: a few hundred artists make 75% of the revenue. Smaller artists usually remain unseen because they simply don’t have the support they need to grow their business. These music industry statistics and the monopoly effect lead artists like Oski Bravo, who performed at youbloom Dublin for the first time, to insist that the music industry is a “pigsty”.

Back to the Ocean, an alternative band who played twice at youbloomDublin, also attests to the demanding aspects of the music industry in that independent musicians basically must figure out how to get fans on their own. They’re “expected to have world class recordings, [a] big fanbase, professional videos and social media profiles, and [a] business orientation”.

Back to the Ocean rocking out at youbloomDublin for their first performance at the festival

A Love of Music

But for many, even though the odds seem insurmountable, the love for the craft is greater.

“It felt like a natural progression for both of us”, CARRON stated. For the two sisters who played at youbloomDublin in Phoenix Park on Saturday and The Globe on Sunday, it began with “leading roles in shows like ‘Annie’, ‘The Wizard of Oz’, and ‘The Sound of Music’” along with violin and vocal lessons.

They believe the music industry standard is quite high, particularly in Ireland with artists such as Hozier attaining success. However, they are hopeful for what it means for them in that “[they] must always be progressing too, writing new music and taking part in as many live events as [they] can”.

CARRON striking a pose at youbloomDublin

For others, such as Dandelion Tea, who performed at 4 Dame Lane on Saturday, “Music is just something that always made sense. [It’s] an intangible form of art that can impact so many people in a big way. We felt we had something unique to say and music was the language we could best express it in.”

The music industry may receive complaints, but as Dandelion Tea said, pictured here feeling the music at youbloomDublin, “that’s the nature of monetizing art.”

The overwhelming nature of the music business may discourage artists to pursue music, but many still do simply because they couldn’t imagine themselves doing anything different. It’s this overwhelming love for music that fuels artists and youbloom members alike.

First Step Towards a Successful Show with youbloomConnect