The 1% skim milk of the music industry has survived the barbarians at the gate, born again within the world of music streaming. In 2019, the listener pays only a little more for the convenience of streaming, but the money they do pay is vacuumed up by large tech and labels via the gated publishing communities like Spotify, Apple Music, and Google Play. Artists still struggle, as the innovations of tech revolutionaries were co-opted and sanitized by corporate interest.
As tempting as an advance offer might be, though, it is not free money — advance deals all come with strings attached that could be harmful to your professional career and financial life if you’re not careful and clear-eyed about the process. Here’s some info to help you decide whether an advance is worth it for you to take.