@n80
If your experience is that touring is sustainably vigorous then I’m inclined to take that as a reassuring sign, I think. But what I was talking about was not just that more bands are touring (which is true), but that, where 40 yrs ago they would’ve had the benefit of merchandise and album sales as well, many bands may now only have touring and possibly some merchandise...that the profits margins from new discs have all but evaporated these days...making them more vulnerable than they might have been had they been operating back then.
If your experience is that touring is sustainably vigorous then I’m inclined to take that as a reassuring sign, I think. But what I was talking about was not just that more bands are touring (which is true), but that, where 40 yrs ago they would’ve had the benefit of merchandise and album sales as well, many bands may now only have touring and possibly some merchandise...that the profits margins from new discs have all but evaporated these days...making them more vulnerable than they might have been had they been operating back then.