October 9th, 2024

Pink Floyd's David Gilmour: the wealthy have siphoned off music industry money

David Gilmour criticized the music industry's wealth distribution, stating it favors the rich, forcing artists to tour extensively, which hinders new music creation. He remains committed to his musical journey.

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Pink Floyd's David Gilmour: the wealthy have siphoned off music industry money

David Gilmour, the iconic guitarist of Pink Floyd, recently discussed the current state of the music industry, emphasizing that the wealth generated is disproportionately benefiting the rich and powerful, leaving little for the artists themselves. He expressed concern that modern musicians struggle to survive solely through recording, necessitating extensive touring, which he views as detrimental to the creation of new music. Gilmour reflected on his own career, noting that he was fortunate to have experienced a time when musicians received a fairer share of industry profits. He also shared insights about his new album, "Luck and Strange," and his ongoing passion for music creation. Gilmour dismissed the idea of performing with former bandmate Roger Waters due to political differences, while expressing admiration for other artists like Alt-J. He conveyed a sense of nostalgia for the past but remains committed to continuing his musical journey. Gilmour's reflections highlight the challenges faced by contemporary musicians and the evolving landscape of the music industry.

- David Gilmour criticizes the music industry's wealth distribution, favoring the rich over artists.

- He believes modern musicians must rely on touring for income, which hinders new music creation.

- Gilmour expresses a desire to continue making music and touring.

- He rules out future performances with Roger Waters due to political disagreements.

- Gilmour finds inspiration in contemporary bands like Alt-J while reflecting on his own musical legacy.

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By @Innervisio - 6 months
As a music lover (and working in the music industry) this 100% checks out.

Only focus in in politics, money and business… the value of music as art is totally forgot.

I believe this is a similar status of many things, when only business people runs an industry, the value of the things being managed decreses in importance, although not precisely in money.

Great for Gilmour to openly share.

Just as a wrote this, i read Fred Durst (Limp Bizkit) is suing Universal for $200 million of unpaid royalties.

By @arthurcolle - 6 months
you just sold your catalog for 400 million