Post – Real money in music
Have you ever wondered how an artist can’t sell a lot of records and still have a jaguar on his driveway? Expensive car and a matching house. It must be life. Either they’re going to be really broke in the near future, or they’re really smart when it comes to their music business.
Today I am going to tell you a secret that has been under everyone’s nose for a long time and the only people who know it are the ones who are actually doing it. What is all this powerful secret you ask? Music publication. That’s right. One song could make you millions of dollars. If it’s big enough, maybe even millions. You do not believe me? Ask Usher Raymond how much money he STILL makes with “Yes.” You know that sizzling set produced by Lil’ Jon with Ludacris from “Confessions”? It’s not getting as many radio plays as it used to, but I’m sure you do hear it from time to time at some point or another. So what does this have to do with the post you ask for? Well, I’m about to tell you.
No fat, beef here so we don’t waste each other’s time. Every time Usher Raymond’s “Yes” came on, she got paid. Seriously, if you know even a little bit about the music business, you know that there are PROs (Performance Rights Organizations) whose job it is to make sure that artists get paid for their music when the general public is involved. . Now the fee depends on where and how the music is used. The higher the stream, the higher the payout. The higher the volume of use, the higher the payout. For example, if Hot 97 used the song an average of ten times a day, then you’re looking at a pretty high payout after a few months (we’re talking five to six figures). The thing is, that’s just a radio station. With thousands in the country, who knows how much someone could earn. Oh, this gold mine doesn’t stop there. The publication covers commercials, TV shows and movies. On top of that, everything mentioned will also include the Internet (Internet radio, Internet sitcoms, etc.). Every time your music is used, you are entitled to compensation.
The post is so big I can’t believe more people don’t know about it. It’s so much money to be made that you’re losing by not at least dipping a little while working on your career. Don’t underestimate yourself by not trying. With publishing, you could actually have the money to do whatever it takes when it comes to developing your artist. Just google “music publishing” and you’ll find tons of information and music publishing companies. I highly recommend “Making Music Make Money”. This was the book that really opened my eyes to the publishing side of the music industry and I guarantee you will not regret taking the time to read it. You can find a link to the book on my blog page on my website given below in the reference box. Don’t underestimate yourself; research, study and then apply. You will not regret.
