Financially-savvy songwriters have been taking advantage of this loophole by quietly selling a portion of their catalogs. In addition to receiving a big lump sum payment taxed at half the rate, these songwriters are diversifying to hedge against industry turmoil, inflation, and declining royalties. It’s something worth checking out!
But, your live setup may also have to do with convenience, especially if you tour consistently and frequently. Famed guitarist and composer Kaki King found that the specificities of a new live set featuring projections mapped to her body and music that heavily relied on electronic processing called for her to simplify her pedalboard setup. She switched to a digital pedalboard and explained to us how and why you can too. And we made a free online course about it! Check that out here if you’re interested.