On Music Think Tank, Jamie Leger posts a question that plagues music and all creative fields: Is music less valuable than expertise and quality information? And is this why music cannot be sold for high prices? People will buy things that they find valuable, but music is pretty subjective. How do you create value in someone else’s life to the extent that they will pay you to continue making music?
“Since art, (in our case music) at its very nature is highly subjective, it is obviously different in the way it creates value for people.”