March 20, 2015
A few nuggets from today’s Wall Street Journal article entitled “Doctor, Lawyer … Roadie,” by Neil Shah:
Live music concert technicians average $57K per year;
Tour coordinators – $175K per year;
Fulltime songwriter jobs in Nashville are down 80% since 2000;
Record sales down almost 60% since 1994.
The music industry is shifting to live music events because that’s where the profits are now. Consequently, jobs around live concerts are growing in number and in value. Employment opportunities are growing. The North American concert industry was valued at $6.2 billion in 2014, up from $1.4 billion in 1994.