There’s a fascinating article written by Josh Constine in the 5/21/2019 in TechCrunch (h/t Jon Silpayamanant) that examines the business practices of Sofar Sounds, a presenter of non-classical music events in small venues.
According to Constine’s article, Sofar has generated millions in funding from venture capitalists and while they net anywhere from $1,100 to $1,600 per event where fans pay $15 to $30 to attend, the actual artists only earn $100 for a 25-minute set.
In the wake of growing negative press and push-back from artists feeling exploited, it isn’t difficult to see where similar concerns may arise for companies that fill a similar role for musicians from the classical music field.
This leads right into today’s #TBT in the form of a pair of articles from 2015 that examined the business model for Groupmuse, a for-profit business that facilitates house parties which feature classical musicians.
