The US-based Future of Music Coalition (FMC) has released the
first financial case studies in its Artist Revenue Streams
project, which aims to examine how musicians' income streams are
changing, and why. The FMC, a national non-profit advocacy
organisation for musicians, profiled a symphony orchestra string
player and a contemporary chamber music ensemble.
The orchestral player case study analyses income and expenses over
an eleven-year period that ranged from undergraduate and graduate
studies to a full-time salaried position as a section player. The
study tracks the changing relationship between the player's
freelance and salaried income. It also shows that purchasing and
maintaining instruments and bows made up just under half of the
player's expenses over the eleven years, and was more than double
the cost of his education.
The FMC is set to present further data from the project over the
next three months, including reports on session and backing
musicians, and on gender and geographic variations in musicians'
earnings.
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