One of the main drivers for music business success is how long you’re willing to hang in there. It’s obviously a lot easier to struggle through times of no money when you’re in your twenties than when you get older and have a family to worry about, but some lifers put that aside and continue on anyway. It’s instructive to know the music career stage that you fit into though, as it at least tells you the breadth of the competition that you’re up against.
Chartmetric tracks artist career growth, and the way they measure it starts with the career stage that you’re in. Here’s a quick breakdown:
Undiscovered: Top 1M-8.5M+ artists
Developing: Top 30K-1M artists
Mid-Level: Top 8K-30K artists
Established: Top 2K-8K artists
Superstar: Top 1.2K artists who started releasing music in the last 30 years
Heritage: Top 1.2K artists who started releasing music more than 30 years ago
Next release is anticipated by fans, press, and industry
Stage 4: Established Act
Fully developed core fanbase
Multiple successful releases
Tour base in several territories
Playing 5K-10K capacity rooms
Household name, but not a superstar
Stage 5: Superstar Act
Artist established in many worldwide territories
Released several platinum records and worldwide tours
Huge grossing tours in arenas and stadiums (10K-100K capacity)
Merchandising and branding are large sources of income
Stage 6: Heritage Act
Long established fanbase
No need for label (self-releasing/distribution deal)
Self-administer publishing
Streaming and social media challenges (older demographic)
Touring large arenas
The description noted above will give you an indication of what career stage you’re at and where you need to go to jump to the next stage. You can find further Chartmetric measurements here.
Home Bobby’s Site Online Courses Inner Circle Podcast Music Production Blog Home / Inner Circle Podcast / My 2024 Music Business and Production Predictions On My Latest Podcast January 5, 2024 in Inner Circle Podcast by Bobby Owsinski On the latest episode of my Inner Circle Podcast, I’ll be […]
January 4, 2024 in Music Industry News by Bobby Owsinski | 1 comments Jay Gilbert and Mike Etchart recently asked me to appear on a special edition of their Your Morning Coffee podcast to speak about Ai in music production and marketing. If you’re not familiar with their podcast, it’s […]
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