Ep8: Micro is Metal Part 1: The Touring Machine
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Forget the romanticized myth of the "starving artist"—in this episode of Metalomics, we reveal the cold, hard mechanics of the music industry.
We treat the modern metal band not just as a creative collective, but as a rational economic Firm navigating a landscape of scarcity and high stakes. From the "Promoter’s Risk" in setting ticket prices to the brutal Opportunity Cost of choosing a tour bus over studio time, we analyze how bands balance profit maximization with the pursuit of artistic utility.
We break down the heavy costs of production, examining how Fixed and Variable Costs dictate the tour cycle and why specialized Human Capital—like your sound engineer and lighting director—is the most vital asset a band can own. Whether you're a musician looking to optimize your bottom line or a fan curious about the price of a ticket, join us as we calculate the true cost of the riff.
Economics is Metal!
Music: Yet Still We Pray - Cleansing Her Mechanical Heart
Hosts: Josh Goddard & David Ingram
Producer: David Ingram
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