I don’t know how many times I’ve been asked this question literary from everyone, family and friends to fellow musicians! And, the answer is ever changing. More and more writers and artists are finding creative ways to get paid for their music. I’ll start off with the simple answers and move on to some of the more creative ways people are finding.
Performance royalties. This is money from live shows, radio and TV play, and has come to include streaming royalties for services like Spotify and Pandora, satellite radio, etc. Typically the music associations such as COMPASS, CASH, BMI, ASCAP and SESAC collect this money.
YouTube. YouTube has become one of the biggest sources for music. If you monetize your videos on YouTube, you can get paid up to $10-12 per 1,000 clicks. You must be sure that you properly register the song you are performing if it is not your own. I know someone who created a mashup video of two of Taylor Swift songs that Taylor herself tweeted about. The video has over 22,000,000 clicks. Do the math on that. The songwriter royalties will go to Taylor, but the people that did the video will get a nice payday as well. You can work with a publisher that is a YouTube affiliate or deal directly with YouTube to monetize your videos.
Internet TV. I have had some songs on internet TV which means platforms like Netflix. I know someone who got a song in an internet soap opera. After the show, she got in the chatroom for the show and wound up selling 1700 CDs at $10 a piece to people that loved her music in the show.
Sync licenses. many people make money for providing music to TV, movies, wedding videos, etc. The possibilities here are limitless if you can find out who the people are who NEED music and establish yourself as a reliable source. I don’t recommend giving people music for free upfront and counting on royalties on the back end. I’ve never seen that work.
If you have great music and you are creative in your marketing, you can still make a nice living writing music. Be creative.
Hangi Tavakoli is our in-house established and professional music producer with more than 15 years of experience in music production, mix and mastering, recording engineering, live sound designing/engineering, lyrics writing and music arrangement. He has produced more than 800 and written more than 2000 published songs to-date, including some major hits in international scale.Write something about yourself. No need to be fancy, just an overview.