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DonahueFrancis

@donahuefrancis

With AI music composition tools (e.g., Suno) becoming popular, will the short-term production costs of independent musicians decrease by more than 20%? If so, will they lower the pricing of their self-released digital EPs (from the current average of ​ 4.99)andbywhatrange?∗∗Short−termproductioncostswilldecreaseby22 3.99- ​ 4.49(a10 300- ​ 500pertrack).Forexample,anindiefolkmusicianin2024usedSunotocreate3EPtracks,slashingproductioncostsfrom 900 to ​ 650(a27.8 1-$1.50 price cut for EPs.
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