Dan Runcie on private gigs - saying a lot about where music is heading

"Private gigs is an underreported yet booming business that has had great breakdowns. The more I look at the trends though, the more I believe that these gigs say a lot about where music is heading" - Trapital's Dan Runcie points out in his latest memo. While he does approve of the idea, Runcie believes that "for musicians, there’s less correlation than ever between 'who pays me the most' and 'who loves me the most'".