The first and likely the most obvious stream of income is music sales and streaming royalties. And by music sales and streaming royalties, I really mean just streaming royalties. However, streaming royalties are an increasingly viable option for artists. Making a career off of streaming royalties is the ideal situation for most artists: you make a song, and somebody gives you money for that song. How do you get started? The traditional route is to have a strong artist project with a decent following that will stream your music. The last element to consider is revenue splits. Managers will take more on top of that, as will any collaborators you work. Below is a fantastic graphic that explains the different royalty rates of the top streaming sites.
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Are you a musician? A composer? Working with a Royalty Free stock music library may be the best, most efficient way of making money as a musician, creating and selling stock music. Composing for production music libraries requires a fairly specific way of working in order to stand out. Take a bit of time to learn what producers and content creators are looking for so you can deliver great results every time, and grow your business as a composer. Probably the most important lesson here is that when writing music for a stock library, you should plan for the edit. Essentially, no editor is going to be able to just drop your track directly onto their project without changing it. They will want to extend sections, reduce sections, make sure the logo comes in at the right moment, and ensure the crescendo or key change hits the video at a relevant time. Make it easy for them to do this by including easily repeatable phrases that can be removed or looped without issue in the edit. Make more than one version of your track. To maximize your chances of having your music licensed, create several different mixes of the same track. For example, you would create a full version, a second version, a second version, a five-second sting, and so on. Many producers searching through music libraries will be looking for background music for a video project which will have dialogue in it. Although vocals have a place in some projects, the majority of creatives will be looking for a track without vocals.
1. You’re a Music Producer, Make Music!
Give them what they want by creating versions with different combinations of instruments. If your track has vocals, create a mix without them too. If your track has a prominent high hat or some other instrument that stands out, create versions without them to give editors plenty of options and increase your chances of getting licensed. Most music libraries will stipulate exactly what kind of file types they need you to upload but export a few versions anyway to be sure.
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M ost people know you can earn money from posting videos and images on the likes of YouTube and Instagram. They specialise in creating music that can be licensed for use in everything from YouTube videos, computer games and movie trailers to TV adverts, corporate promotional videos and PowerPoint slideshows. Stock music can pop up everywhere — you might hear it playing when you are in a shop or waiting to be put through on the phone, or listening to your favourite podcast or meditation CD. It might be a short clip or a long piece, or take the form of a simple keyboard motif, an epic orchestral track or anything in between. Businesses and individuals looking for the right piece of music to underscore a particular shot or moment will often approach a music library — and this is where people such as Elliot Middleton come in. Middleton is one of a number of UK contributors signed up to the US company Shutterstock , which specialises in providing licensed imagery and music to businesses, and its Canada-based music library arm PremiumBeat. He has been producing and recording bands and creating his own music for the past decade, but early last year started taking a closer interest in the world of music licensing. So how do people make money — and how much can you earn? There are lots of music libraries out there — Pond5 , The Music Case , Productiontrax and Audio Network are just a few of the bigger names — many of which say they are looking for composers. How much you get will vary. How it typically works is that the company will commission a contributor to compose a track, based on the types of music that its clients — which range from creative agencies to individual YouTubers — are looking for. It has popped up in real estate videos, wedding videos, etc. He works in a number of genres, including electronic, folk, rock and hip-hop, and has built his own studio in west London.
Sync/License Tracks
He talks about the different ways you can sell beats through a distributor or on your own site , and the different types of sales you can make leases vs. Most labels will offer either buyouts or royalties. Rather then get lost in the depths of YouTube, many producers choose to accelerate their growth with high value education resources. Below is a fantastic graphic that explains the different royalty rates of the top streaming sites. You can make money promoting music services, selling beats, and make money from banner ads. Production For Other Artists Producing for other artists is a great source of income. By doing this, they also handle the collection of your Mechanical Royalties. There are different types of sync licensing companies, but all of them will act as the middleman between you and somebody who wants to use your music.
Composing for the Edit:
If you have experience in making music, you can create a helpful eBook for other music-makers like. Producers who have mke knack for teaching and are confident in their abilities. You can offer an hourly rate or flat rate for mixing down ahd songs. Make sure to create a custom folder of stock music to show them how versatile you are as a producer. Performance Those Youtubers who taught you how to produce also are monetizing off of your views. Upload unlimited songs.
Sync/License Tracks
The first and likely the most obvious stream of income is music sales and streaming royalties. And by music sales and streaming royalties, I really mean just streaming royalties. However, streaming royalties are an increasingly viable option for artists. Making a career off of streaming royalties is the ideal situation for most artists: you make a song, and somebody gives you money for that mzke.
How do you get started? The traditional route is to have a strong artist project with a decent following that will stream your music. The last element to consider is revenue splits. Managers will take more on top of that, as will any collaborators you work.
Below is a fantastic graphic that explains the different royalty rates of the top streaming sites. Via Proxucing Is Beautiful. If you own the producinng you are the copyright holder. Think about: nearly every piece of video content needs music. Ho, sync licensing is for just about. It leans towards more user-friendly styles of music, but even heavier and more esoteric genres have a place in the sync licensing world.
We have two great podcast episodes on sync licensing. Many professional sync artists will create albums exclusively for sync libraries, which is something James Ruehlmann talked about in the podcast linked. There are different types of sync licensing companies, but all of them will act as the middleman between prodhcing and somebody who wants to use your music.
Sync licensing is something you can get into independently, although it is difficult. You can start by leveraging the creators in your network filmmakers, YouTubers, video game designersor link up with a manager who is well connected in this industry. The pay for sync musuc varies heavily. I view sync licensing as setting up a side project. Essentially, take the music you are already making, and put it in a place where it can make ptoducing.
Some months it might make next to nothing, while others it could add a few thousand dollars on top of your income. Producing for other artists is a great source of income. Even though music production has become increasingly accessible, plenty of artists still need someone mpney produce their music.
This path is great for producers who want to make money making music, and are willing to help other artists see out their creative vision. Artists are also more likely to work with you if you have a moderately successful artist project. The best way to get started is to connect with artists who might need production.
The next level up is to reach out to medium size artists. Lastly, you can connect with a studio that moneey production services.
The classic route is to land an internship, which is not as hard to come by as you produfing think. Royalties come into play as znd, which will increase your potential annd from a gig.
The premise is simple: another artist pays you to produce a track that they can claim as their. However, it can also be treated as a side-income, where you make tracks per month for other artists. There are two paths: build the connections on your own, or connect with a production company that provides those services.
To build your own connections, you can start by leveraging your existing network to find artists who need production. One of the easiest ways to get into ghost production is to mmusic it as service in connection with a successful artist project. I know a few artists with k on social media who mention in their Soundcloud bio that they offer ghost production. This works well because people can hear your music, see that it has plays, and want you to make music for.
Similar to the section above, the pay scale will vary based on a number of factors. This is similar to the previous method of producing for producinb artists, but unique in that instead musix collaborating with another artist, they buy a finished track off of you. Producers who are great at pumping out tracks. The more music you make, the musjc content you have the sell, and the higher your sales will be.
He talks about the different ways you can sell beats through a distributor or on composiny own siteand the different types of sales you can make leases vs. A video game composer can wear a number of number of different hats: writing original scores, creating sound effects, and recording and processing vocals and amd for video games. Video game composition is a great career path for someone who is passionate about music production and passion about video games and a fan of video game scores.
First and foremost, you need to have a talent for the job and a portfolio of music worth sharing. This may mean creating a body of work specifically to show video game developers. The most organic way to get into this scene is to connect with local video game developers.
To monney connect with video game developers who need music all of them and have a body of quality music ready. The other way is to connect with a larger studio, via a internship musc entry level position. This will very much be based on your location, but most major cities have at least one major developer studio. Job opening at Naughty Dog, Inc. The revenue will depend on your involvement in the mke of the music for each game and the size of the studio you are working.
Outside of this, there are plenty of part-time opportunities that can make this a viable secondary source of muzic. Sample packs are one of the most common and most effective ways to make income as a producer.
Visit Producin to see what packs they sell and which ones sell. Creating sample packs is great for producers who are looking to make a moderate income making music. If you have makf established artist project, you can sell sample packs directly to the consumer via sites like sellfy. Otherwise, working through a sample pack label will give you more exposure, meaning more sales.
You can contact most sample pack companies directly via their websites. Most labels will offer either buyouts or royalties. Buyouts typically yield less money, but you receive it immediately. In my experience, royalties typically earn x more money then buyouts. As always, it will depend on the type and size of pack you are working on. Compising traditional and common path for producers is to become a mixing and mastering engineer. Engineering is great for more technical oriented producers that are great at finishing and polishing records.
First and foremost, you need the skills to be able to do it. Although traditional engineering schools exist, it is still a profession that can be self taught. The traditional route is to find an internship at a recording studio. This is a great way to get your first step in the industry, as well an area for you to learn and develop your craft. Recording is an art in itself, but a great opportunity for producers willing to learn how to record and engineer a record.
There are plenty of successful self-taught recording engineers. Producers who want to be around music and like the idea of recording artists. Ideally, they already have experience in a traditional studio environment. Find an internship at a local studio or develop a home studio and connect with local artists.
If adn have a home-studio, you can record artists on the. Full-band recording is great, but recording vocals for a fee in your home studio is a great and easy way to bring in some side income. The aand revenue for most producers is live shows. Touring is a dream for many producers, as is the money that can come with it. Although tough to come by, it can be a great source of income for producers.
Producers who are committed to touring ti turning their artist project into a career. Most touring artists tour off of successful music.
The fee will vary widely on the type and size of the venue, as well as the size of the artist. Step two: Work your way up from the bottom in your local club circuit. This process can be a grind, but if you stick it out, it can be a exciting and consistent way to make a living off of music.
Go includes events such as weddings, birthday parties, and corporate events. Producers who are committed to touring that want moderate and sustainable income in the music industry. You can leverage your existing network to develop your own DJ business, use local job sourcing sites like Thumbtack, or connect with a local DJ agency who can book you gigs. In an era where paying for music is a radical idea, consumers still buy plenty of merchandise.
Shirts, hats, hoodies, stickers and more all still sell extremely. Producers who have a network of people producjng sell merchandise. First, you will need the physical content. There are companies musc will design your clothing and others that will print it most do. As these companies charge high fees and are impersonal, you should look to connect with graphic artists and designers in your local area. Writing articles is a great way to share your knowledge with other producers, all while putting some extra cash in your pocket.
Producers who have knowledge to share and are adept at teaching. The pay will vary based on your role as a writer. Some blogs offer more jake part-time rolls, while others will pay based on the article.
Working as a Music Producer
Sending out your demos to music labels while you wait for them to discover you is no longer a thing. Most of them are making a killing selling instrumentals on their websites and other platforms while using social media to market their digital products. Licensing types are also considered when it comes to pricing non-exclusive mudic vs. Read mxke What is royalty free music? The great thing about selling beats is the perk of earning while you sleep — make a beat now, sell it on your website and move on. Repeat daily, weekly or monthly depending on your schedule.
… and Getting That Music Played
Passive income is the way to go! The best way to start is to produce at least beats to jump start your business. Your domain name should be consistent with your brand. You can outsource from freelancing websites such as Fiverrwhere you can have your logo made starting at five dollars and up. However, if you decide to do it on your own,there are tons of graphic design tutorials on YouTube that you can check. The final step is to choose your website hosting service.
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