February 8th was a sad day for all EDM fans. Online store Audiojelly announced they are closing down. As they didn’t tell us the exact reason for this, there are rumours of financial problems.
Now this got me thinking. Audiojelly, like all other online stores, depend on the sales to keep on going. Despite being an online shop, they do have expenses they need to cover, so some amount of income must be made. How else an online music store would make income unless people pay for the music they are providing?
Now we come to some really interesting (and frightening) questions. If people do not pay for their music, then the artists don’t get paid for their work either. Artists have expenses too. All the money spent to sequencers, VST synths, hardware synths and other equipment, website designs and server spaces etc. And of course all the hard work of getting a song finished. And then they are expected to just hand over the song for free?
How long does it take until artists just stop making music because they feel unappreciated? It might not take that long.