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My Economy

Independent musician says the touring industry is a “rollercoaster”

by Richard Cunningham
Aug 8, 2023
Sarah King, an independent musician, is currently on tour. But the steps getting to this moment have been challenging.
Independent musician Sarah King is touring on her own, a more financially viable option than touring with a group.
Courtesy Arielle Thomas Photography
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At 50, hip-hop has grown into an economic giant

by Kimberly Adams
Aug 4, 2023
The genre is celebrated across the world and has permeated many facets of American society, creating wealth in the process.
Valerie Macon/AFP via Getty Images
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The economic anthem of the moment depends on how you read the data

by Stephanie Hughes
Aug 1, 2023
Fewer workers are quitting their jobs and employers are hiring less. So are we in for "Wheel in the Sky" or "Bad Moon Rising"?
The song economist Sarah Wolfe uses to describe our current economic moment: Journey's "Wheel in the Sky."
Denise Truscello/Getty Images for iHeartMedia
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Hip-hop traces its roots to economic hard times

by Nova Safo
Mar 15, 2023
An exhibit at New York City's Fofografiska museum spotlights how poverty and inequality in the 1970s helped create the genre.
Grandmaster Flash, Debbie Harry, Fab 5 Freddy, Chris Stein of Blondie and friend, 1981.
Courtesy of Fotografiska New York and copyright of the artist.
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A window into LA's budding scene for Latin vinyl records

by Jarrett Dang and Erika Soderstrom
Mar 9, 2023
At Sonido del Valle in Boyle Heights, owner Rene Perez said Latin vinyl records are the main attraction, not just another section.
Sonido del Valle owner Rene Perez stands in front of a case of vinyl records for sale at his shop in Boyle Heights, CA.
Marketplace/Erika Soderstrom
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This musical instrument repairman is scrambling to keep up with demand

by Richard Cunningham
Sep 19, 2022
After downsizing in 2019, Avery McDaniel of Beloit, Wisconsin, is having the "busiest rental season ever." What's up with the clarinets?
Avery McDaniel's shop in Beloit, Wisconsin, is running out of instruments to rent to schools.
Michael Hickey/Getty Images
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Musicians union challenges Spotify to raise royalties

by Kai Ryssdal and Richard Cunningham
Sep 2, 2022
Streaming accounts for the vast majority of recorded music income, but musicians and producers make fractions of a cent per stream.
The Union of Musicians and Allied Workers wants Spotify to increase the per-stream royalty for musicians and make its revenue data transparent. 
Sergi Alexander/Getty Images for Spotify
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Rolling Stones riff on entrepreneurship and managing their business

by David Brancaccio , Chris Farrell and Jarrett Dang
Sep 1, 2022
Chris Farrell walks us through the business factors behind the enduring success of one of the world's greatest rock bands.
A new documentary series on the Stones' rise to fame touches on lessons about growing a business and entrepreneurship. Above, frontman Mick Jagger and guitarist Ron Wood performing in 2006.
Cancan Chu/Getty Images
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Merck Mercuriadis says hit songs are in an asset class all their own

by David Brancaccio and Rose Conlon
Jun 14, 2022
The Hipgnosis founder says his goal is to make money for shareholders and “change where the songwriter sits in the economic equation.”
Hipgnosis founder Merck Mercuriadis says songs are a safer investment than assets like oil and gold because they’re less sensitive to market conditions.
Matt Winkelmeyer/Getty Images for SXSW
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From our listeners: music for the "Marketplace Morning Report"

by David Brancaccio , Jay Siebold , Erika Soderstrom and Alex Schroeder
Apr 8, 2022
Listeners sound off on the music they'd like to hear on the show and what those selections mean to them.
kjekol via Getty Images
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