Los Campesinos! Share Financial Breakdown of 2024 Tour, Highlighting Rising Costs for Working Musicians
By
Jon Blistein
25d ago· 5 min readenNews
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Golden Brown
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Summary
Welsh indie rock band Los Campesinos! publicly shared a detailed financial breakdown of their 2024 North American tour, revealing the harsh economic realities facing working musicians today. The article discusses how touring has become increasingly unprofitable due to rising costs, inflation, and the decline of recorded music revenue, using the band's transparent disclosure as a case study of the broader crisis in live music economics.
Key quotes
· 3 pulledOne of the biggest issues facing working musicians over the past few years is the increasing costs, and decreasing profitability, of touring.
After illegal downloads and streaming decimated the market for recorded music, artists relied heavily on live shows to make ends meet.
It wasn't necessarily a fair model, but it held up decently for about two decades, until live entertainment ground to a halt during Covid-19 and returned a few years later into a new era of heavy inflation, rising costs, and stagnant wages.
Welsh indie rockers Los Campesinos! have shared a breakdown of the finances from their 2024 North American tour, showing how much they made and spent.
