How can that be? Because today's audiences are fractured -- something I touched on early this year with my observations on the Grammy Awards (which I recently turned into a podcast).
Then Joe posed this rhetorical question:
Would the world be more vibrant if one out of a hundred professional musicians made $100,000 per year, as opposed to one out of ten thousand musicians making ten million dollars per year?
Of course, his answer was a resounding YES. These days, there are countless opportunities for artists who operate under the radar screen and cater to niche audiences.
Joe also offered up this bit of reality-check wisdom:
The deflation of the mainstream recording industry as we know it opens up tremendous opportunities for working musicians. And I mean "working." You can't sit back and wait to be discovered -- you've got to go build your own audience. If the labels aren't willing to get out of bed to chase niche audiences and "small" markets, all the better for you.
I agree. The opportunities are there. Are you willing to work to uncover them?
-Bob
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