What is ‘profitable art’?
Regular live music seems to be thriving so I assume you mean other kinds of live performance acts
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I used to direct circus, and my producer friend produces circus. If a live musician rehearses alone or in a band then they have very low overhead costs, and the agent/record company model seems to be working well for touring music. Circus/theatre/dance/comedy is more stuck.
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Might be the rapid cycle time. Capital tends to like parking at lower return for more time over higher return for short time. Less tax, less management work to redeploy.
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