--- title: "Meaning & Key Takeaway of: Since the traditional recorded-music…" description: "\"Since the traditional recorded-music business models have drastically changed, there is truly diminished income derived from recorded music by artists ..." image: "https://sms4smile.com/quotes/i/4e1/irving-azoff-35068_art_since-the-traditional-recorded-music-bus_1327710.jpg" --- # Since the traditional recorded-music business models have… ![“Since the traditional recorded-music business models have drastically changed, there is truly diminished income derived from recorded music by artists - both current and catalog. The touring industry has become much more important as a majority revenue stream and the ancillary fan experiences and…” quote by Irving Azoff](https://sms4smile.com/quotes/i/4e1/irving-azoff-35068_art_since-the-traditional-recorded-music-bus_1327710.jpg) [Download](https://sms4smile.com/quotes/i/4e1/irving-azoff-35068_art_since-the-traditional-recorded-music-bus_1327710.jpg) [Open image](https://sms4smile.com/quotes/i/4e1/irving-azoff-35068_art_since-the-traditional-recorded-music-bus_1327710.jpg) > “Since the traditional recorded-music business models have drastically changed, there is truly diminished income derived from recorded music by artists - both current and catalog. The touring industry has become much more important as a majority revenue stream and the ancillary fan experiences and promotions that may be derived from it.” [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Traditional music sales have collapsed, making touring the primary income source for artists, supplemented by fan experiences and promotions. **In simple terms:** Music sales fell, touring now pays. Key Takeaway Focus on live shows and fan engagement. Themes music industry revenue streams touring fan engagement Mood pragmatic analytical Type industry business insight When to use this quote - Concert planning - merchandise sales - VIP experiences - brand partnerships - crowdfunding Key Concepts Economics digital disruption artist sustainability Questions to Reflect On - How can emerging artists build sustainable touring models? - What alternative revenue can complement touring? A Different Perspective Live income can be volatile and depends on market conditions. ★ ★ ★ ★ ★ No ratings yet [Art](https://sms4smile.com/quotes/about/art/) [Artist](https://sms4smile.com/quotes/about/artist/) [Business](https://sms4smile.com/quotes/about/business/) [Business model](https://sms4smile.com/quotes/about/business-model/) [Changed](https://sms4smile.com/quotes/about/changed/) [Currents](https://sms4smile.com/quotes/about/currents/) [Fans](https://sms4smile.com/quotes/about/fans/) [Important](https://sms4smile.com/quotes/about/important/) [Income](https://sms4smile.com/quotes/about/income/) [Industry](https://sms4smile.com/quotes/about/industry/) [Majority](https://sms4smile.com/quotes/about/majority/) [May](https://sms4smile.com/quotes/about/may/) [Models](https://sms4smile.com/quotes/about/models/) [Music](https://sms4smile.com/quotes/about/music/) [Music business](https://sms4smile.com/quotes/about/music-business/) [Promotion](https://sms4smile.com/quotes/about/promotion/) [Recorded music](https://sms4smile.com/quotes/about/recorded-music/) [Revenue](https://sms4smile.com/quotes/about/revenue/) [Revenue Stream](https://sms4smile.com/quotes/about/revenue-stream-1127158/) [Song](https://sms4smile.com/quotes/about/song/) [Streams](https://sms4smile.com/quotes/about/streams/) [Touring](https://sms4smile.com/quotes/about/touring/) [Touring Industry](https://sms4smile.com/quotes/about/touring-industry-4444909/) [Traditional](https://sms4smile.com/quotes/about/traditional/) ## Related quotes > [ There's definitely some sort of dissent brewing between record labels, publishing companies and artists \[about the compensation they get from streaming services\] Spotify is… ](https://sms4smile.com/quotes/sean-parker/there-s-definitely-some-sort-of-dissent-brewing-between-record-labels/) [Sean Parker](https://sms4smile.com/quotes/author/sean-parker/) > [Recorded music has always been in a sense promotion for live performance, and some artists have discovered that giving it away is as effective…](https://sms4smile.com/quotes/todd-rundgren/recorded-music-has-always-been-in-a-sense-promotion-for-live/) [Todd Rundgren](https://sms4smile.com/quotes/author/todd-rundgren/) > [Recorded music is more a marketing tool than a revenue source.](https://sms4smile.com/quotes/irving-azoff/recorded-music-is-more-a-marketing-tool-than-a-revenue-source/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) > [I tell each artist they have to grow toward a revenue stream.](https://sms4smile.com/quotes/chuck-d/i-tell-each-artist-they-have-to-grow-toward-a-revenue-stream/) [Chuck D](https://sms4smile.com/quotes/author/chuck-d/) > [There should be a revenue stream that helps pay for the publication or for the work and helps pay the people who do it.](https://sms4smile.com/quotes/terry-gross/there-should-be-a-revenue-stream-that-helps-pay-for-the-publication/) [Terry Gross](https://sms4smile.com/quotes/author/terry-gross/) > [But I also think that it does create a lot of revenue, but to me it's a temporary revenue stream because it's an industry…](https://sms4smile.com/quotes/craig-benson/but-i-also-think-that-it-does-create-a-lot-of-revenue-but-to-me-it-s/) [Craig Benson](https://sms4smile.com/quotes/author/craig-benson/) > [The cable model is just a better model. Dual revenue stream: advertising-supported and subscription-supported revenues.](https://sms4smile.com/quotes/jeff-zucker/the-cable-model-is-just-a-better-model-dual-revenue-stream/) [Jeff Zucker](https://sms4smile.com/quotes/author/jeff-zucker/) > [The revenue stream for Social Security benefits comes from payroll taxes, which are credited to the Social Security Trust Fund - accounting for the…](https://sms4smile.com/quotes/jerome-powell/the-revenue-stream-for-social-security-benefits-comes-from-payroll/) [Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/) > [To people who traditionally charge $10,000 for a 3D animating app, we say you should be free-to-play and generate a revenue stream. Think of…](https://sms4smile.com/quotes/gabe-newell/to-people-who-traditionally-charge-10-000-for-a-3d-animating-app-we/) [Gabe Newell](https://sms4smile.com/quotes/author/gabe-newell/) > [So you get kind of addicted to a revenue stream, and then all of a sudden it goes away, now the problem is worse…](https://sms4smile.com/quotes/craig-benson/so-you-get-kind-of-addicted-to-a-revenue-stream-and-then-all-of-a/) [Craig Benson](https://sms4smile.com/quotes/author/craig-benson/) > [“«Eliza opened her furry black satchel. She pulled out a portable CD player. “Gav, look here. Once, I loved this machine. Because it plays…](https://sms4smile.com/quotes/bruce-sterling/eliza-opened-her-furry-black-satchel-she-pulled-out-a-portable-cd/) [Bruce Sterling](https://sms4smile.com/quotes/author/bruce-sterling/) > [The truth is an artist like me who doesn't get the type of promotion that we see more commercial artists receive, and especially in…](https://sms4smile.com/quotes/chrisette-michele/the-truth-is-an-artist-like-me-who-doesn-t-get-the-type-of-promotion/) [Chrisette Michele](https://sms4smile.com/quotes/author/chrisette-michele/) > [I think the fact that Napster is stealing recorded music is something that we have to stop. It's taking money out of my kid's…](https://sms4smile.com/quotes/art-alexakis/i-think-the-fact-that-napster-is-stealing-recorded-music-is-something/) [Art Alexakis](https://sms4smile.com/quotes/author/art-alexakis/) > [Every single year since they invented sound recording it gets better and better. We've always improved it. With MP3, which just sounds awful, it's…](https://sms4smile.com/quotes/linda-ronstadt/every-single-year-since-they-invented-sound-recording-it-gets-better/) [Linda Ronstadt](https://sms4smile.com/quotes/author/linda-ronstadt/) > [I wouldn't say that I'm a consummate live artist. Album work is kind of just like quilt weaving or something. But live music is…](https://sms4smile.com/quotes/tim-hecker/i-wouldn-t-say-that-i-m-a-consummate-live-artist-album-work-is-kind/) [Tim Hecker](https://sms4smile.com/quotes/author/tim-hecker/) ## More by Irving Azoff > [Life at a public company ain't for me. The board pays you what you're worth, then you get reamed for your compensation.](https://sms4smile.com/quotes/irving-azoff/life-at-a-public-company-ain-t-for-me-the-board-pays-you-what-you-re/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) > [Radio stinks. The stations are making a lot of money, but they just aren't taking chances.](https://sms4smile.com/quotes/irving-azoff/radio-stinks-the-stations-are-making-a-lot-of-money-but-they-just/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) > [History shows fans want consolidation; you see it across the web every place. The big players are people like Google, Amazon, eBay, Facebook.](https://sms4smile.com/quotes/irving-azoff/history-shows-fans-want-consolidation-you-see-it-across-the-web-every/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) > [It comes down to that ... business tactic: the guy that yells loudest is right.](https://sms4smile.com/quotes/irving-azoff/it-comes-down-to-that-business-tactic-the-guy-that-yells-loudest-is/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) > [You can't be an entrepreneur and work in a public company anymore.](https://sms4smile.com/quotes/irving-azoff/you-can-t-be-an-entrepreneur-and-work-in-a-public-company-anymore/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) > [A lot of people refer to power as shooting a loaded gun. When you have to shoot the gun, you've lost the power. Other…](https://sms4smile.com/quotes/irving-azoff/a-lot-of-people-refer-to-power-as-shooting-a-loaded-gun-when-you-have/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) > [The great thing about Ticketmaster is that it's seen as the comprehensive site for ticketing, artist information, venue information. We're a marketing platform, not…](https://sms4smile.com/quotes/irving-azoff/the-great-thing-about-ticketmaster-is-that-it-s-seen-as-the/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) > [Recorded music is more a marketing tool than a revenue source.](https://sms4smile.com/quotes/irving-azoff/recorded-music-is-more-a-marketing-tool-than-a-revenue-source/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) > [I'm proud to be involved with Simon Cowell and 'X Factor.](https://sms4smile.com/quotes/irving-azoff/i-m-proud-to-be-involved-with-simon-cowell-and-x-factor/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) > [I don't want to not be important.](https://sms4smile.com/quotes/irving-azoff/i-don-t-want-to-not-be-important/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) > [I can't think of any more powerful moment than when you stand on a stage.](https://sms4smile.com/quotes/irving-azoff/i-can-t-think-of-any-more-powerful-moment-than-when-you-stand-on-a/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) > [The release of 'Chinese Democracy' marks a historic moment in rock n' roll.](https://sms4smile.com/quotes/irving-azoff/the-release-of-chinese-democracy-marks-a-historic-moment-in-rock-n/) [Irving Azoff](https://sms4smile.com/quotes/author/irving-azoff/) [Explore all 13 Irving Azoff quotes ](https://sms4smile.com/quotes/author/irving-azoff/) ## More Art quotes > [True works of art contain their own theory and give us the measurement according to which we should judge them.](https://sms4smile.com/quotes/johann-wolfgang-von-goethe/true-works-of-art-contain-their-own-theory-and-give-us-the/) [Johann Wolfgang von Goethe](https://sms4smile.com/quotes/author/johann-wolfgang-von-goethe/) > [Before Noah, men having only water to drink, could not find the truth. 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You treat ideas like cats: you make them follow you.](https://sms4smile.com/quotes/ray-bradbury/that-s-the-great-secret-of-creativity-you-treat-ideas-like-cats-you/) [Ray Bradbury](https://sms4smile.com/quotes/author/ray-bradbury/) > [“So, really," continued Jacob as if this were perfectly normal to expound on art in these circumstances, "when you think about it, the artists…](https://sms4smile.com/quotes/justina-chen-headley/so-really-continued-jacob-as-if-this-were-perfectly-normal-to-expound/) [Justina Chen Headley](https://sms4smile.com/quotes/author/justina-chen-headley/) > [“There are two options in art; either to adopt philosophical life by dissecting art, or to write your own philosophical life and claim it…](https://sms4smile.com/quotes/taf-teh/there-are-two-options-in-art-either-to-adopt-philosophical-life-by/) [Taf Teh](https://sms4smile.com/quotes/author/taf-teh/) > [The house has to serve comfort. The work of art is revolutionary; the house is conservative.](https://sms4smile.com/quotes/adolf-loos/the-house-has-to-serve-comfort-the-work-of-art-is-revolutionary-the/) [Adolf Loos](https://sms4smile.com/quotes/author/adolf-loos/) > [During human progress, every science is evolved out of its corresponding art.](https://sms4smile.com/quotes/herbert-spencer/during-human-progress-every-science-is-evolved-out-of-its/) [Herbert Spencer](https://sms4smile.com/quotes/author/herbert-spencer/) > [In literature and art memory is a synonym for invention. It is the life-blood of imagination, which faints and dies when the veins are…](https://sms4smile.com/quotes/robert-aris-willmott/in-literature-and-art-memory-is-a-synonym-for-invention-it-is-the/) [Robert Aris Willmott](https://sms4smile.com/quotes/author/robert-aris-willmott/) > [I think a business guy is different from an artist. They walk different paths. Artists create the best outputs when they're having fun. And…](https://sms4smile.com/quotes/g-dragon/i-think-a-business-guy-is-different-from-an-artist-they-walk/) [G-Dragon](https://sms4smile.com/quotes/author/g-dragon/) > [“The only thing--I tell you this straight from the heart--that disgusts me in Salzburg is that one can't have any proper social intercourse with…](https://sms4smile.com/quotes/wolfgang-amadeus-mozart/the-only-thing-i-tell-you-this-straight-from-the-heart-that-disgusts/) [Wolfgang Amadeus Mozart](https://sms4smile.com/quotes/author/wolfgang-amadeus-mozart/) > [The sublime in art is the attempt to express the infinite without finding in the realm of phenomena any object which proves itself fitting…](https://sms4smile.com/quotes/georg-wilhelm-friedrich-hegel/the-sublime-in-art-is-the-attempt-to-express-the-infinite-without/) [Georg Wilhelm Friedrich Hegel](https://sms4smile.com/quotes/author/georg-wilhelm-friedrich-hegel/) > [Art isn't done to decorate apartments, but to wage war against the enemy.](https://sms4smile.com/quotes/pablo-picasso/art-isn-t-done-to-decorate-apartments-but-to-wage-war-against-the/) [Pablo Picasso](https://sms4smile.com/quotes/author/pablo-picasso/) [Browse all 48,643 Art quotes ](https://sms4smile.com/quotes/about/art/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Since the traditional recorded-music business models have drastically changed, there is truly diminished income derived from recorded music by artists - both current and catalog. 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