With paltry streaming royalties and a cost-of-touring crisis, it’s harder than ever to make money as a musician. Claudia Cockerell on the household names who are taking up side hustles, and what it says about the state of the music industry

For the majority of artists, making music is financially unsustainable. According to a census conducted by the Musicians’ Union, nearly half of working musicians in the UK earn less than £14,000 a year from their craft, while a further half have to sustain their careers with other forms of income. It’s easy to imagine that these are the aspiring performers making tunes in their bedrooms and moonlighting as bartenders, but even household names are turning to alternative income streams.

British singer Kate Nash announced on Thursday that she would start posting pictures of her bottom on adult website OnlyFans to raise money for her tour. The Foundations singer has nearly a million monthly listeners on Spotify, and is playing all across the UK, including a sold out gig in London, but says that touring is a loss making exercise.

She started her “Butts 4 Tour Buses” page in order to ensure “good wages and safe means of travel for my band and crew”. Nash would rather you gawk at her gluteus maximus than listen to Foundations on Spotify. “No need to stream my music, I’m good for the 0.003 of a penny per stream thanks,” she told her followers on Instagram.

For an independent solo artist to make the UK living wage they would need 9 million streams a year. But most artists need far more as revenue is split between bands, with record labels often taking a hefty cut.

While Spotify can provide a reliable if paltry source of income, touring is only profitable for musicians playing big venues to sold out crowds. A survey conducted by rehearsal space network Pirate Studios found that only 29% of artists make a profit from tours. Rising costs and a flailing economy have exacerbated this, and a government report earlier this year found that artists are facing a “cost-of-touring” crisis, with travel, accommodation and food prices all higher than ever.

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With her backside hustle, Nash follows in the footsteps of Lily Allen, who started selling pictures of her feet on OnlyFans over summer. She had the idea after seeing that her feet had a perfect five star rating on WikiFeet, a photo-sharing foot fetish website. Subscribers pay £8 a month to access her posts. In October, Allen claimed that shots of her well-pedicured trotters were earning her more money than Spotify streams – and that’s saying something, considering Allen has over 7 million monthly listeners and more than a billion streams on her top three songs.

  • LovableSidekick@lemmy.worldEnglish
    311·
    28 days ago

    This sounds like a typical musician’s life before there even was a “music industry”. The point of record companies has never been there for musicians to make a good living, it’s for people who own record companies to make a ton of money selling copies of their work, usually giving them nothing back but exposure that might help them get bigger and better gigs and sell more tickets - performing is how 99.99% of musicians actually make money. If an artist burns out, no big deal, there’s always an endless supply of naive hopefuls knocking on the door, thinking a record deal is their Golden Ticket.

    • intelisense@lemm.eeEnglish
      172·
      28 days ago

      Part of the point is that touring and gigs are no longer profitable either.