The live music scene has gone from strength to strength in recent years. The effect of declining recorded music sales has led record labels and bands to tour extensively to supplement their income. Many artists sign 360 deals with labels meaning the label can also profit from touring income.
The public it seems is more than happy to spend their money on going to concerts even if they are not prepared to bay too but the recorded music. Live music is much more of an experience and a social event. Music festivals are still doing well with record numbers of attendees. Even though economic times are hard to live music is beating the odds.
Image Source: Google
Increased media exposure brings concerts and festivals to the forefront of people minds with live TV coverage of Glastonbury. The internet also plays a huge part with social networking sites making communicating with music fans easier. Tickets are also easier to purchase than ever before from reputable online ticket agents.
For amateur musicians though it is a different story. With fewer music venues open the scene has taken a hit. In order for new artists to develop their talent, they urgently need places to play and for audiences to support them.
A lot of artists learn their trade by performing at local pubs and clubs and the impact the economic downturn has had on them is immense. There is a rise though in local communities getting together and putting on local events. Function bands and tribute bands are still seeing a strong market as well as corporate bands that are still highly in demand for corporate events.