How to make money with music?

Music is a form of art that brings joy and excitement to many people, but it also has great potential as a source of income. Learn more about how to make money and royalties in the music industry.

How to Make Money with Music

There are several ways to make money with music. Here are some representative ways:

1. Sale of music

Recording and selling music is one of the most common sources of income. You can sell your music through CDs and digital distribution platforms (e.g. iTunes and Amazon). Especially digital distribution platforms are a convenient way to reach so many music fans today.

2. Music streaming

Music streaming services such as Spotify and Apple Music are great sources of income for artists. These platforms generate royalties based on the number of views. Therefore, it is important to get high views.

3. Live performance

Live concerts and performances are also a source of income. You can make money through ticket sales and merchandise sales. You can also deepen your connection with fans through live performances, which will lead to later revenue opportunities.

4. Goods sales

It is also possible to leverage the brand power of the artist to sell merchandise such as T-shirts and posters. Merchandise sales are a big source of income, especially if you have a large number of loyal fans.

5. Licensing of Rights

License fees for using your music in movies, TV commercials, games, etc. are also one of the sources of income. If you license the rights, you can earn a lot of income at once.

About Music Royalty

In order to make money from music, it is essential to understand royalties. Royalties refer to the compensation paid when a copyrighted song is used. There are several types of music royalties:

Performance royalties

Performance royalties are paid when a song is played in a public place, on radio, or on television. For example, when a song is played on the radio, the station pays performance royalties.

Mechanical royalty

Mechanical royalties are paid when a song is reproduced in physical or digital form. They are royalties incurred from the sale of CDs or digital downloads.

Synchronization Loyalty

Synchronization royalties are paid when a song is used in conjunction with a video work (film or TV show). This royalty means that the song and video are synchronized.

Streaming royalties

Streaming royalties are paid when your music is played on streaming services such as Spotify and Apple Music. Royalties are based on the number of times your music is played.

Leverage SoundOn to make money with music

SoundOn is a powerful platform for building a career in the music industry. There are many benefits to utilizing SoundOn, including:

Global Delivery

With SoundOn, you can distribute your music to digital streaming platforms around the world. This allows you to reach more listeners and get more plays.

Promotion Support

SoundOn works with a variety of platforms, including TikTok, to help you promote your music. For example, by going viral on TikTok, you can get big name recognition in a short period of time.

Loyalty management

SoundOn makes it easy to manage complex royalties. Centralized royalties are highly transparent and easy to use for artists.

To make money with music, you need the right tools and strategies. Take your music career one step further with SoundOn.Register hereExpand the possibilities of music.