![Band in concert](https://cdn.igeniushost.com/igenius-incorporated/2022/12/band-playing-in-a-concert-KWB68NT-768x432.jpg)
The New Formula for Success in the Music Business
The old method of promoting a new act in the music business was for a record company to invest at least $500,000 in studio time with a good producer, the cost of a good video, the advertising budget, and the cost of the first promotional road tour.