I also pay for music. I do tend to prefer to find USED CDs, and I don't think the artists make any royalties from used resells.
But, even if you buy a new CD or Vinyl, the artists usually see pennies on the dollar for that purchase, with the record label taking the lions share of the profit.
Artists tend to make their $ on tours and merchandising!
So.....if you really want to support the artists.....go see live shows!
slippery
its sad, but its true. In the olden days, an artist could make a decent living with record sales and then royalties. Live touring was icing on the cake and a method to promote the album.
Today, I think the economics of the music business are a mess if you want to make a living at it.
You are correct about touring verses records. If an artist wants to make a living at music today, touring and live shows are where the money is. CD sales etc are largely for the labels and the mega stars. Merchandising is the next layer on the cake.
We know the family of Lindsey Stirling, a violinist. She has CD's, but, she makes her living touring and doing youtube and lots of "non traditional" ways of bringing in the benjamins. She knows the current markets and channels and uses them to her best advantage. Just kicking out a single and hoping it gets enough airplay to push an album is a dead business model for all but a handful of musicians.
I think making a living as a musician has always been a hit or miss, very difficult proposition for most musicians. I don't know the percentages, but its a pretty small slice that make millions. Most make modest sums. Its a hard way to make a living, but, if you have talent, how much fun would that be ? A ton I would think.. I have no talent so its never been a question for me........