What is Digital Distribution and Collective Financing?

In the digital age, opportunities for artists have grownly. Two tools that are revolutionizing the music industry are digital distribution and crowdfunding.

Digital Distribution

Digital distribution refers to the process of delivering music through online platforms and streaming services. Instead of relying on traditional methods such as selling physical records, artists can now upload their music to platforms such as, Apple Music and Deezer. This has democratized access to global audiences and reduced costs considerably.

s of Digital Distribution

• Global Reach:It allows artists to reach audiences around the world without the need for agreements with traditional record labels.
• Reduced Costs:Eliminates costs associated with physical production and distribution.
• Data Access:Cognitive tools provide audience information, helping artists to better understand their followers.

Digital Distribution Platforms

Several digital distribution platforms are available, including SoundOn, which offers tools for promoting your music and accessing global markets.

Some other platforms are Tunecore, Distrokid, CD Baby, ONErpm, LANDR, Indiefy and Amuse, although each has its own features and costs.

Collective Financing

Collective financing, also known as crowdfunding, is a technique by which artists can raise funds directly from their followers. This technique has gained popularity because it allows musicians to finance their projects without relying on large investors or record labels.

s of Collective Financing

• Financial Independence:It allows artists to maintain total control over their musical projects.
• Public Commitment:Followers feel more involved and committed to the project.
• Idea Validation:A successful crowdfunding campaign can validate the public's interest in a project.

Collective Financing Platforms

There are several platforms where artists can start their crowdfunding campaigns. Some of the most popular ones includestarter, Indiegogo and Patreon. Each platform has its own rules and commission structures.

Integration of Both Tools

An effective strategy can include both digital distribution and crowdfunding. For example, an artist could use crowdfunding to produce an album and then leverage digital distribution to bring it to their global audience.

In addition, platforms such as SoundOn offer comprehensive services that allow artists to manage both the distribution and promotion of their music.Register for SoundOntoday and begin to transform your musical career.

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Digital distribution and crowdfunding have opened new doors for artists around the world. These tools not only democratize access to global audiences, but also offer new ways to finance and promote musical projects. Taking advantage of these opportunities can be the first step towards a successful music career.