Friday, 4 April 2014

12 Ways to Earn Money From Your Recorded Music and Original Compositions - Guest Post by Chris Robley

In the modern music economy, many revenue streams must converge to form a river

If you want to build a sustainable music career, you need to earn money from your music in multiple ways, including:
1.Download sales on iTunes, AmazonMP3, Google Play, and more.
2. Streaming revenue from popular platforms such as SpotifyBeats MusicRdio, and more.
3. CD and vinyl sales in record stores around the world.
4. Music sales on Facebook.
5. Music sales on your own website.
6. Download, CD, and vinyl sales on cdbaby.com.
7. Performance royalties when your songs are played on radio, TV, and in concert venues.
8. Mechanical royalties when your songs are downloaded internationally or streamed worldwide.
9. YouTube monetization (ad revenue generated by the usage of your music in any video across the YouTube universe).
10. Sync licensing fees from the usage of your music in TV, film, commercials, corporate presentations, video games, and more.
12. SoundExchange revenue, which is paid to artists, performers, and labels for the usage of a master recording on internet radio stations.

Get paid for your music

That’s an awful lot of ways to earn money from your music, to say nothing of performance fees paid when you play live, T-shirt and other merch sales at gigs, sponsorships, and more.

Editor's Note:  My Soul Band Mayfield released our debut album, 'Tempo of Your Soul' through CD Baby. This post was shared from the CD Baby Blog.


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