There is still money in music.
But the pie is sliced into ever so many more pieces.
And those who perform well in live venues get the biggest pieces.
Basically, music has returned to how things were before radio and recordings.
Exactly as it was predicted in the nineties.
“There is still money in music.”
For most people, no, there isn’t any real money. Crap wages. Music has become a commodity. Free music online everywhere. Glut of people wanting to perform with venues paying less and less. There is decent money for exceptional talent but not for most bands.