Earlier quoted context omitted.
No, go to any mid-sized town or bigger, there is at least one recording studio, making decent or good recordings for bands that never hit the "*AA lottery", but make decent money (either in the form of door fees and schwag, some even enough to live on) giving away CDs at shows to keep people coming to the next show. Even more that do the same thing, but keep a day job and do music for the love of it. For every band y…
Every band I've ever gone to see sells CDs at their shows, and they're mostly the kinds of bands you describe. > keep a day job "Producing less of it" because they can't earn enough to do it full time. There would be more people in that boat if, in my thought experiment, they earned absolutely nothing from their content. I don't think we'd actually ever reach that point, but just think about it as a 'what if'.
Also: some bands sell CDs, some give them away, lately fewer are selling, but instead are giving away passes at download sites. Even those that sell the CDs give away at least half if not more of them, because they would rather people listen to them and come back for the next show, and tell their friends, making $3-10 per person per show, than make $10 on the CD one time.