Making money with music is a dream come true for artists. However, in order to make that dream a reality, you need the right knowledge and strategies. In this article, we will dig deeper into how to make money with music and music rights.
There are several ways to make money with music. Here are some representative methods.
Spotify and Apple Music.SoundOnBy utilizing music distribution platforms such as, you can deliver your music to many listeners. Through these platforms, it is possible to earn revenue according to the number of plays.
Live performance is a very effective means of earning direct revenue. You can earn income through concerts, festival appearances, paid live streaming, etc. In addition, merchandise sales are also a big source of income at live venues.
Licensing your music to movies, TV, ads, games, and more can make you a lot of money. When signing a licensing agreement, it is important to carefully consider the terms and duration.
Crowdfunding can also be used to create a new album or tour. By receiving direct support from fans, you can bond with them while raising the necessary funds.
Knowledge of music rights is also essential to success in music. Here are some of the key music rights.
Copyright is the exclusive right that a creator who wrote a song has for his work. Copyright prevents unauthorized use and allows you to receive appropriate compensation.
Publishing rights are rights related to publishing, selling and licensing of music. Publishers promote their music and share the revenue.
Performance rights are the rights that arise when a piece is performed in public and are paid to the performer or conductor. Live performances, concerts, radio, television broadcasts, etc.
The recording right is the right to the sound source (master) that recorded the music. This right is held by the record company or artist who made the recording. Permission is required for the use of the master.
Having the right understanding and management of your music rights is crucial to your success as an artist. If your rights are not managed properly, it can be difficult to get your earnings legitimately and you can suffer financial losses.
Choosing the right platform is the key to making money with music.SoundOnWe provide powerful tools for artists to efficiently distribute and monetize their music. Our partnerships with TikTok and CapCut make it easier to reach new fan bases.
Above, we have explained how to make money with music and music rights. Deepen your understanding and take the first step to success.