New research by charity Help Musicians says that over 90% of all musicians can no longer afford equipment to perform live shows.
Being a musician is a tough ordeal in the age of streaming. Most consumers aren’t buying CDs or vinyl, with touring and merchandise usually serving as the main sources of income for most independent artists.
Now, new research suggests that things are worse than first thought. A study by the charity ‘Help Musicians’ has found that 91% of all musicians report being ‘unable to afford equipment’. The situation is being described as a ‘cost of working crisis’.
What’s causing the huge financial burden?
Unsurprisingly, spiralling energy and fuel costs alongside unprecedented levels of inflation have made everything far more expensive. Add in a now more complicated and pricey touring system thanks to Brexit and you’ve a big headache on your hands.
The cost of living, the ongoing impact of the pandemic, Brexit, and personnel and venue shortages are creating a perfect storm of issues for the UK’s musicians.
Today we set out our response to the unique set of challenges facing musicians this winter.
— Help Musicians (@HelpMusicians) November 14, 2022