A great Mick Jagger interview. One answer in particular struck me:
“people only made money out of records for a very, very small time. When
The Rolling Stones started out, we didn’t make any money out of records
because record companies wouldn’t pay you! They didn’t pay anyone!
Then, there was a small period from 1970 to 1997, where people did get
paid, and they got paid very handsomely and everyone made money. But now
that period has gone.
So if you look at the history of recorded music from 1900 to now, there
was a 25 year period where artists did very well, but the rest of the
time they didn’t.”