What is the state of the current music industry? I often wonder, I hear music insiders, and media analyst say album sales are down, people aren't buying as much as they used too. But I question them on, are they taking into account that musicians are performers, they also can make money from digital downloads such as on iTunes and other websites that offer digital downloads.
What about ringtones? With ringtones ranging anywhere from .99 to $10.00 a pop, it's almost as if an artist can recoup lousy album sales with the assistance of ringtones nowadays. Of course I imagine every artist goal and dream is to diversify themselves whether it is in movies, television, film, radio, fashion, or print, artists have an ample opportunity to pay their bills and still splurge.
While watching VH1's The Fabulous Life of... (whoever they want to show this week), it makes one seem as if the current economic recession that we are in, either isn't affecting major artists, or their splurging beyond their means, which often makes me wonder as well.