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Giacomo Puccini and Richard Strauss: The Economics of Music Up to the Dawn of Fascism

In: On Music, Money and Markets

Author

Listed:
  • Miguel-Ángel Galindo-Martín

    (University of Castilla-La Mancha)

  • María-Teresa Méndez-Picazo

    (Complutense University of Madrid)

  • Thomas Baumert

    (Complutense University of Madrid)

Abstract

Giacomo Puccini and Richard Strauss led the music market of the early twentieth century, continuing the Italian-German dichotomy represented by Verdi and Wagner. Starting their professional life at the peak of the nationalist movements (Italy had been created in 1870 and Germany in 1871), both earned important incomes from their composing activities, Puccini basically from opera and Strauss from conducting and from his symphonic and operatic compositions. The significant amount of money that Puccini earned allowed him to live in luxury. Strauss, who lived more modestly, was considered a money grubber, always worried about his financial situation, especially after the WWII. This chapter study the incomes of both composers who were also among the first to get revenues from new technologies, such as the gramophone.

Suggested Citation

  • Miguel-Ángel Galindo-Martín & María-Teresa Méndez-Picazo & Thomas Baumert, 2023. "Giacomo Puccini and Richard Strauss: The Economics of Music Up to the Dawn of Fascism," Springer Books, in: Thomas Baumert & Francisco Cabrillo (ed.), On Music, Money and Markets, chapter 0, pages 209-223, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-43226-2_10
    DOI: 10.1007/978-3-031-43226-2_10
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