17 Supply and Demand in Classical Music with Kosta Ruslanov

ThisChoirNerd Podcast

English - June 29, 2020 22:12 - 1 hour - 111 MB - ★★★★★ - 6 ratings
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Previous Episode: 16 Choral Covid Talk with Heather MacLaughlin Garbes

Next Episode: 15 A Conversation With Peter Phillips, Director Of The Tallis Scholars (FULL)

A LIVE conversation with Dr. Kosta Ruslanov, PhD about the role of economics in the Classical music business. We talk about Supply and Demand in music, conceptualizing the 'price' of a musician in economic terms, Taylor Swift and the Matthew effect, ratio of music graduates to available jobs, digital content, importance of adding complementary skillsets, Netflix/Patreon model for digital content, and government funding in music.

Support THISCHOIRNERD on patreon for access to exclusive interviews and musical tech content! https://www.patreon.com/thischoirnerd

Support Dr. Kosta Ruslanov, PhD on Patreon: https://www.patreon.com/UncleKosta

And on YouTube: https://youtu.be/BElMA23-GkA

Referenced books:

The Economics of Music (The Economics of Big Business)
https://a.co/iUxuiWd

The Perilous Life of Symphony Orchestras: Artistic Triumphs and Economic Challenges

https://www.amazon.ca/dp/0300171935/ref=cm_sw_r_tw_dp_x_rCM-EbYD63CP

*Average % of government support for Canadian orchestras: 40% of total income. For the EU it's around 70%, for the US around 10%

-The Perilous life of Symphony Orchestras, chapter 7 (for the US), and chapter 10 for the EU and Canada