Musicians face financial pressures as streaming, costly tours, and venue challenges disrupt traditional income. Many diversify through teaching, production, merchandising, and digital platforms, while AI and tech create both risks and opportunities, prompting stronger legal protections for creators.
All around the world
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Musicians struggle financially due to streaming royalties, high touring costs, and shrinking mid-tier venues.
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Many artists diversify income through teaching, production, session work, and merchandising.
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Social media and platforms like TikTok, YouTube, and Bandcamp help artists gain exposure and connect with fans.
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Rising costs and competition make touring increasingly unaffordable for mid-level musicians.
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AI and technological disruption pose both threats and creative opportunities for music creators.
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Legal protections, subsidies, and innovative venue initiatives are emerging to support grassroots and live music.
This article was first published in UHY Global magazine issue 20, in July 2025, and is reproduced with permission.
