Posts Tagged ‘Adele’

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    Creative Destruction: How Super Star Musicians Make Money

    Jun 14, 13 • 456 Views • Businesses, Demand, Supply, and Markets, Economic History, Economic Thinkers, Households, Innovation, Labor, Macroeconomic MeasurementNo Comments

    As the old music business cycle unfolded, top performers got a substantial cash advance to make an album, they toured for several months or maybe a year and then MTV promoted their videos. At that point, they took a break before starting all over again. No