I’m sure Tycho’s label deal is not as burdensome as some of the agreements struck by majors in the 1990s, cheating artists like R&B star Toni Braxton out of millions. But as we know from countless blog posts written by musicians griping about royalties, the revenue picture can still be pretty bleak — particularly for artists like Tycho who are not household names.
Again, this held true even before iTunes and streaming turned the music industry on its head. The Dismemberment Plan’s Travis Morrison, who fronted one of the most critically-acclaimed bands of indie rock’s first wave, told me that during his most lucrative year with the band he only made $23,000. He was 30 years old.
via PandoDaily via MediaREDEF