The Financial Reality of Touring: A Closer Look at the Struggles of Working Class Musicians

Introduction:
The glamorous image of a band touring the world, playing to crowd pleasers, and signing lucrative record deals often masks the harsh financial realities many musicians face. Despite appearances, the truth is that touring has become increasingly financially unsustainable for the working-class artists who form the backbone of the music industry. In this article, we’ll uncover the shocking truth about moneyed bands on tour, highlighting the challenges they face and the systemic issues that contribute to their struggles.

Rising costs of tourism:
Post-Covid, there’s been a renewed focus on grassroots music venues struggling to stay afloat. However, less attention has been paid to the rising costs of tourism that are putting enormous pressure on artists. David Martin, CEO of the Featured Artists Coalition (FAC), describes the current situation as a “tourism cost crisis,” where costs for van rentals, crew, travel, lodging and other essentials continue to rise. are, while fees and audiences often remain stagnant.

Illusion of Success:
Despite achieving major milestones such as signing with major labels, securing airplay, and playing high-profile gigs, many artists still struggle to make ends meet. Lily Fontaine, lead singer of Leeds band English Teacher, highlighted the stark contrast between outward success and financial insecurity. Despite their successes, Fontaine and his bandmates have experienced periods of reliance on Universal Credit and couch surfing due to financial constraints.

Touring Profit Facts:
For many artists, touring fails to generate sustainable income. English Teacher, for example, has yet to turn a profit from touring in its four years of existence. Their experiences echo those of many musicians who are in a constant battle to make ends meet and make ends meet. Even successful shows often result in minimal profits, with excess funds going toward future expenses.

Survival Strategy:
To cope with the financial challenges of touring, bands like English Teacher have implemented survival strategies such as paying themselves a modest monthly stipend from the band’s earnings. However, reliance on advances and unpredictable gig fees means financial stability remains elusive for many artists.

Thin margins and an uncertain future:
Touring bands have razor-thin financial margins, leaving little room for error or unexpected expenses. Japanese television, a space surf band, highlights the precarious nature of touring, where even the slightest blow can lead to significant losses. As touring costs continue to rise and income stagnates, the future of many working-class musicians looks uncertain.

Calls for support and investment:
Amidst the struggles, there are calls for more support and investment in the music industry, especially for grassroots artists and venues. Nubian Twist’s Tom Axel emphasized the need for state funding and support from policymakers to ensure the long-term viability of the music ecosystem. Similarly, David Martin urges governments to view spending on the music industry as an investment rather than a cost, recognizing its cultural and economic value.

Result:
Touring’s financial realities paint a vivid picture of the challenges facing working-class musicians in the music industry. Despite the allure of fame and success, many artists find themselves plagued by financial insecurity and uncertainty. As calls for support and investment intensify, it is important for policymakers, industry stakeholders, and music fans alike to recognize the important role grassroots artists play in building a more equitable and sustainable music scene. Work is necessary to create an ecosystem.