Currently viewing the tag: "economy"

Start Your Own Wedding Band

On December 19, 2011 By

Finding a safe, viable career performing music is no easy task. While it might not be the first choice for every aspiring musician, one way to make a decent bit of money from gigging is to start your own wedding band.
It takes a bit…

Continue Reading

Two years ago, I wrote an article… about finding work in the midst of the recession. Part of the advice I gave was to focus on building clients at schools and churches, as they seemed to be the only institutions surviving the financial crisis.
It’s

Continue Reading

There was a time that railroad had a monopoly on transcontinental travel and shipping in the U.S. For over a century the rail industry made big, big money for railroad tycoons like Cornelius Vanderbilt, John Hopkins and Leland Stanford. But it wouldn’t last forever.
photo…

Continue Reading

I keep detailed records of my freelance work during each year. I thought I would share how my income has changed between the start of the recession and now.
Charts
Here is how I earned my income, by percentage, in 2008, 2009 and the first…

Continue Reading

The Chicago Tribune ran a story last week about musicians dealing with the ongoing economic recession.
The article offers the idea that the musician industry has not been as impacted as other sectors because musicians often live frugally.
From the Chicago Tribune…:
The bitter

Continue Reading

UPDATE thanks to Chris Brummond – not the $8.3 billion requested, but the $50 million is apparently still on the table: link…

I was really disappointed this week when Congress decided to strip the stimulus bill of the $50 million that was going to the

Continue Reading

The New York Times recently reported that $18.4 billion was paid in bonuses to employees of financial companies in New York in 2008, despite a loss of 38% in the Dow Jones Industrial Average. That was the most severe loss… since the stock market crash

Continue Reading

There’s no way around it. We have a problem.
Arts organizations and venues across the globe are showing signs of a deep financial slide. According to recent reports, the worldwide economic maelstrom has caused the closing of nightclubs, symphonies, theaters, Broadway shows…

Continue Reading

The AFM Local 802, the Arts Alliance and Cornell University produced a study in 2007 that measured the economic impact of the arts industry on New York State.  In New York City alone, they found that the arts produce 160,300 jobs, $8.2 billion in wages…

Continue Reading

There’s a petition… circulating the internet, Facebook, and now Obama’s website Change.gov (inaccurate) that is asking for 1% of the anticipated $600+ billion stimulus package to be spent on the arts.
The petition cites the 1930′s Federal Art Project, which was funded by the WPA

Continue Reading

Here’s the article that I’ve been looking for:
Bloodbath on Broadway: The credit crunch hits…
With the closing of 5 of Broadway’s biggest shows – Hairspray, Legally Blonde, Spamalot, Xanadu and Spring Awakening – it’s starting to look increasingly grim for Broadway pits. According to

Continue Reading

A recent Huffinton post article… by Georgianne Nienaber suggests that a troubling economy might turn live music fans to lower priced alternatives.  In a stale economy you might not be able to afford $200 to see Mic Jagger, but maybe you could pay the $10

Continue Reading