“Why Most Rappers are Broke”

Some of it is bling. Some of it is the lifestyle. Some of it is that most artists in any genre don’t make money off of their records, due to record companies being pretty much pure evil.

Part 1:

Part 2:

See also: the famous article about how record companies rip off artists. It’s published under Courtney Love’s name. Me, I don’t believe she could have ever strung together that many coherent sentences.

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2 Responses to “Why Most Rappers are Broke”

  1. Steve K. says:

    Jonathan Coulton let it slip during an interview with Planet Money that he makes, iirc, somewhere upwards of $500,000 without a record label. I wonder what percentage of musicians *ever* made an income even remotely in that ballpark? Of course, he currently inhabits a nearly unique niche in that he has a very deep understanding of internet culture, has an audience that is highly motivated to support a musician who has a very deep understanding of internet culture, and that audience is youngish with high incomes. But still. Hard to see how that is not going to be the way that very many, and possibly most or even all musicians make a living in the comparatively very near future.

  2. Les Jones says:

    It’s a tough racket. I see the winners being either extremely talented at music or extremely talented at marketing.