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Los Campesinos! Reveal Exactly How Much They Made on Their Last Tour — And How Much It Cost Them

Rolling Stone·Jon Blistein·26 days ago
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The indie rock stalwarts from Wales, Cardiff offered a rare, fascinating and fully transparent breakdown of the finances behind their 2024 North American trek One of the biggest issues facing working musicians over the past few years is the increasing costs, and decreasing profitability, of touring . After illegal downloads and streaming decimated the market for recorded music, artists relied heavily on live shows to make ends meet. It wasn’t necessarily a fair model, but it held up decently for about two decades, until live entertainment ground to a halt during Covid-19 and returned a few years later into a new era of heavy inflation, rising costs, and stagnant wages. While this tenuous situation has been well-documented , it’s rare for stories include hard numbers. That leaves lingering, but crucial questions: How much does it really cost to go on tour? How much money do artists actually make? How much do they lose? Does turning a profit really all hinge on merch?  Yesterday, Los Campesinos!…

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