As the Internet continues to turn the entire world upside down (more or less), those of us in the creative arts have been left in particularly bipolar state, at once manic about the possibilities of essentially free distribution and depressed about the fact that it must come with a devaluation of our art.
As a musician, I am particularly sensitive to this fact. Since I'm not Lady Gaga (I'm still waiting on the millions of album sales and the sex change), I make pretty much nothing from my creative output. It's more of a hobby than anything else, even though I would love for it to be my main source of income.
If you want to be depressed about the state of the music industry, there are plenty of places to look and things to read. But if you want to be really unbelievably depressed about something you thought was cool before, check out this amazing infographic about how little musicians make from music online: http://www.informationisbeautiful.net/2010/how-much-do-music-artists-earn-online/.
It's a bit old and perhaps a little outdated in the details at this point, but it's pretty astounding. The most incredible figure is this: in order for a solo artist (yes, one person) to make a monthly minimum wage from his music, his album would have to be played 4,053,110 times on Spotify in a month.
Yes, 4,053,110 times.
For listeners, Spotify is a truly unbelievable -- free music, supported by minimal (though admittedly annoying) ads. For artists, it provides exposure but is, sadly, a nightmare financially.
Of course, artists can make money from other sources -- selling CDs, touring, etc., but the point is that most of the online business models (many of which are included in the infographic) pay virtually nothing.
So what does this mean for writing?
As creative economies move more and more toward being Internet-based, literature is a hold-out but no exception.

