The music industry has changed drastically. If you want to make money in music as an artist, producer, composer or songwriter, you have to adapt. Learn about the best ways to make money in music today!
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The question I get asked more than any other question is: ‘How Do I Make Money in the Music Industry?’
Whether you are a Band or an Artist or working behind the scenes as a Producer, Engineer, Mixer or Songwriter, the music industry has changed dramatically over the last 15 years.
Back in the 90s and early 2000s, the main way of generating income was selling records. And the best way to sell records was to land a Major Label Deal. Bands and artists honed their songs, sound and look to garner the interest of a major Label A&R.
Once you landed a deal, labels cut huge advance checks for you to produce your album and music videos, along with providing a big budget to promote your music.
With the digital age, sales record sales have dropped dramatically and are no longer the main way to generate income in music, which caused a drastic change in the music industry.
How has the music industry changed and how can we adapt to these changes to to continue to make money in music?
That’s what I’m discussing in today’s video. It’s is a comprehensive collection of the best ways to make money in music, whether you are a producer, artist, mixer or songwriter.
Have a marvellous time making music! Push the boundaries, think outside of the box and make use of all of the opportunities we are given.
Many Thanks,
Warren
Discussed in this video:
P.R.O.s ( Public Rights Organizations)
ASCAP: http://www.ascap.com/
BMI: http://www.bmi.com/
SESAC: http://sesac.com/
SOCAN (Canada): http://www.socan.ca/
PRS (UK): http://www.prsformusic.com/Pages/default.aspx
Sound Exchange:
Artist Registration: https://www.soundexchange.com/
Letter of direction guide: https://www.soundexchange.com/wp-content/uploads/2016/09/Guide-to-Letter-of-Direction_REV-03.03.2017-FINAL.pdf
Letter Of Direction Template: https://www.soundexchange.com/wp-content/uploads/2016/09/Letter-of-Direction-Package-4.4.17.zip
Produce Like A Pro is a website which features great tips to help the beginning recordist make incredible sounding home recordings on a budget.
