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    How To Make It in the New Music Business by Ari Herstand Summary

    How To Make It in the New Music Business
    Ari Herstand
    4.4 (904 Reviews)
    BusinessCareerEntrepreneurship
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    Overview of How To Make It in the New Music Business

    In a music industry transformed by streaming, Ari Herstand delivers the ultimate DIY blueprint. Rated 4.7/5 by professionals, this guide empowers independent artists with the 50/50 Split concept. Want to avoid band breakups while building sustainable success? This is your roadmap.

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    The music industry has undergone a seismic shift. Gone are the days when success depended on being "discovered" by a suit-wearing executive. Today, DIY artists earn over $1.5 billion annually from recorded music alone, with 16,500+ musicians making $50,000+ just from Spotify. Artists like Ingrid Michaelson, Amanda Palmer, and Chance the Rapper have built thriving careers without traditional labels. Success now comes from understanding the business, mastering multiple revenue streams, and building sustainability. But what does "making it" actually mean? True success isn't about reaching Beyonce-level fame - it's about using your creative talents to pay all your bills. Just as we don't consider local coffee shops "failures" because they aren't Starbucks, musicians shouldn't view themselves as unsuccessful simply because they haven't achieved superstardom. The sobering reality? Over 98% of major label signees fail commercially, and today's labels prefer signing artists who've already built substantial followings rather than developing unknown talent.

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