September 06, 2019
Some years back, if you wanted to listen to your favorite song, you had to walk into the store and get the record or listen to the radio all day hoping you get to hear it. How things have changed now! With the digitization of almost every aspect of our daily lives, music has not been left untouch...
April 05, 2019
Users often have to choose between sound quality and convenience while listening to music through platforms. But sometimes it is possible to get apparent sound beside service satisfaction with Tidal, for example. The platform is wildly regarded because of superior sound quality and early birds ti...
December 12, 2018
Record Label is a partner for an artist that gives an opportunity for band or single artist take their presence on one step above. Mostly record labels invest in artists on the promise of sharing income in the future. Property empower artist to forsake the day job and focus on their music full ti...
December 05, 2017
Over the past few years, the growth of streaming based music services has been impetuous. These days, Spotify shows enormous paying subscribers and overall users statistic. Apple Music occurred big promotional campaign this year and continue growing as well. Also, Apple declares rising income for...
LEARN MORE ABOUT ROYALTIES AND HOW THEY AFFECT INDIVIDUAL ARTISTS
As a musician, you must have surely heard a lot of things about royalties. As a songwriter, there are a variety of ways to earn from publishing royalties of original music. One of the biggest sources of revenue come from performance royalties. Yes, you read that right! Performance royalties are earned when an original copy of a song is played live on air; radio, television, or any other live venue. The Evolution Of Royalties And Its Importance To Song Writers However, advancements in technology have led to another even better source of income known as mechanical royalties. This type of royalty is generated due to the reproduction of music in mechanical or virtual form. So, you will earn money when original copies of your song are burned into CDs, downloads are purchased or the song is streamed online. In simple terms, when every song which you have written is manufactured and produced into a CD, downloaded on a digital music platform, or stream online (via Amazon Music, Apple Music, Tidal, etc) you are owed some mechanical royalty. Usually, mechanical royalties are harder to calculate based on their prolificacy. Any songwriter/publisher is owed royalty any time their content is reproduced.
How Do Royalties Work And How Can You Earn Streams Of Income From It?
In the United States, the royalty is calculated at 9.1 cents for each reproduced copy of that song. The amount paid for each royalty may vary depending on the length of the song. In today's world, the royalty rate charged per stream for a song on popular platforms such as Spotify and Apple Music is considerably lesser than 9.1 cents. The royalties for each song can easily add up because they are generated every time a user listens. This type of mechanical royalties is a contrast from the one-time mechanical royalty gotten per download or for each CD manufactured. According to the details explained above, if you earn $100 on Spotify, there could be another unclaimed $15 that is owed to you in royalties. That's your money just sitting around there. To maximize their earnings and make sure that every cent counts, individual artists need a publishing rights administrator. If someone decides to reproduce your song into 1000 CDs, you are owed $91. It doesn't matter if the CDs get purchased or not, you are owed some royalties. However, gaining 1000 streams of your song on a digital platform would not earn you up to $75. We live in a digital age where people would readily stream your song online instead of buying CDs, so how do you maximize this online presence from your fans?
Promotion Will Make You Earn Lots Of Money From Mechanical Royalties On Streams
Your fans and audience are online and waiting to listen to some great music. When you are done cooking up that killer jam, you need promotional efforts to direct traffic to streaming platforms. You need as many people as possible to listen frequently to your content on multiple platforms. By doing this, your earnings can accumulate into a respectable fee.
Without the right promotion, your music may fail to garner the level of popularity you had anticipated and all your hard work will go unaccounted for. You need to hire professional promotion services to push you to stardom.