Content research
in 1997 - 1998 the music industry generated 4.3 billions dollars in comparison to 2020 where the music industry generated 21.6 billion dollars in revenue.
In 2018 independent artists generated 643million dollars in comparison to 2015 where independent artists have generated only 256million
In 2019 the average annual income for an independent artists is estimated around 12800 dollars where as artists singed to record labels make around 23900 dollars
With companies such as Hmv losing over a 150 stores over the last 10 years. On the other side of things, streaming sites such as Spotify have gone from 650 thousand paying users in 2010 to 155million users in 2020 bringing its total user base to 350 million.
My part of the presentation - Story synopsis
Our documentary will be an informative and entertaining piece where we will delve deeper into the music industry and what it takes to make it. To achieve this we will be interviewing two different artists at two different stages in their carers and getting an insight into their day to day lives as musicians. Whilst going thru their day we'll be asking a series of questions on how they came to be and what challenges they have faced throughout their carers. It will be very interesting to compare their experiences as the industry has changed a lot throughout the years, things such as the different platforms, music genres and how difficult it is to break thru in comparison to 10, 20 years ago. With the first-hand advice from the contributors and their experiences, we hope to make a documentary that both encourages and helps anyone who is considering a path in the music industry.
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