The Music Industry’s Dirty Secret? Most Artists Are Broke and Lying About It
- Victoria Pfeifer
- Jun 11
- 3 min read

Let’s rip the band-aid off: The modern music industry is a lie wrapped in a filter, dressed up in fake streams, and delivered to your feed as #goals.
Behind the curated tour footage, the viral song snippets, and the "just signed" celebration posts lies a brutal truth that almost no one talks about publicly: most artists are broke. And worse? They’re pretending they’re not.
This isn’t about calling people out. It’s about calling out a system that demands illusion just to stay afloat. Because in a landscape where appearance equals opportunity, the pressure to look like you’re winning is stronger than the incentive to actually win.
Streaming Killed the Middle Class Artist
Sure, the internet democratized music. Anyone can upload a song now. But the truth is, unless you’re pulling in hundreds of thousands of streams per month, you're making peanuts. Spotify pays less than half a cent per stream. So even a song that gets 100,000 plays might earn you... $300. Try splitting that with a producer, engineer, and maybe a label cut. Now try paying rent.
Streaming didn’t liberate artists. It killed the middle class. It created a two-tiered system: superstars with label budgets, and everyone else struggling to break even while pretending they’re thriving.
Fake It Till You’re in Debt
Because no one wants to book an artist who "isn't popping." No one wants to invest in someone who's not already perceived as successful. So artists fake it. They buy followers. They rent designer clothes for music videos. They spend their last $800 on a "content day" because without consistent visuals, you’re invisible.
Wanna open for a touring act? Better have a lookbook, a video crew, a social presence, and a stream count that looks like someone gave a shit. Doesn’t matter if the art is good. The image needs to say "major label energy" even if your bank account says overdraft.
Who's Profiting From the Lie?
Labels? They love the lie. Because it means artists will shell out thousands trying to "build a brand" before they ever get signed. Managers and marketers? Same story. The DIY artist funnel is their goldmine. And fans? They’re fed a curated fantasy where success looks instant and glamorous, not like 3am anxiety spirals and maxed-out credit cards.
Meanwhile, artists keep quiet. Because admitting you’re broke in public means fewer collabs, fewer brand deals, fewer chances. Vulnerability becomes a liability.
But Let’s Be Real
This silence is killing us.
Artists are working two jobs, putting out music they can't afford to promote, and watching others skyrocket on TikTok while wondering if they missed their shot. They’re crowdfunding basics like mixing and mastering. They’re burning out. They’re quitting. And we’re losing amazing art because the system was designed to reward illusion, not authenticity.
The next Frank Ocean might be working night shifts and giving up because the pressure to fake success is too high.
So What Do We Do?
We start telling the truth. Loudly. Visibly. We normalize transparency around finances. We stop equating "buzz" with financial success. We value craft, not clout. And we build spaces that reward consistency, community, and art, not just aesthetics and reach.
Because if we keep lying to each other, we’re just feeding a machine that eats artists alive.
And real talk? The industry doesn't need another viral hit. It needs more honesty. It needs artists who know their worth without having to fake their wallet.
So the next time you see a rollout that looks too good to be true, remember: It probably is. And maybe the most radical thing you can do as an artist today... is tell the truth.