Music & The State Of The Economy - hypebot

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Suzanne Lainson

I'm paying very close attention to the economy and how it is impacting all discretionary spending. I have to assume that music-related spending is vulnerable.

It's hard, though, to gauge sentiment by talking to people in music because some will tell you how bad it is and others will say it's looking good.

Those who have been doing it for a long time can tell you how this year compares to past years. And I think many of them are seeing less money coming in.

On the other hand, those who are new to music and those who are launching new projects may be upbeat because going from zero income to some income might look good. It's only after they have been in it awhile do they evaluate whether or not what they are bringing and are likely to bring in is sufficient.

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