The growth is happening in all the worst places. Money is shifting from creative artists to technocrats, lawyers, and pencil pushers of all sorts.

If you play a guitar your career prospects suck. But if you’re a fund manager who owns song publishing rights, you can earn huge paychecks.

If you write songs, you may struggle to pay the rent. But if you’re a lawyer who specializes in song copyright lawsuits, you’re living in high style.

If you make music, you keep asking why it’s so tough. But if you’re a technocrat who streams music, you’re sitting pretty.

Get Ready to Pay More for Music – by Ted Gioia