Money And The Music Biz |
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Nov 27 2018, 02:49 AM
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A rather sobering bit about the realities of the Biz of Music. There is money to be had, you just have to be in the right spot when it starts to rain!!
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Nov 27 2018, 03:07 PM
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We have similar BS is guitar world too
 https://www.ultimate-guitar.com/news/genera...lS6TEoQZ8ayoLAU |
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Nov 28 2018, 03:29 AM
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Small world!
 QUOTE (Mertay @ Nov 27 2018, 10:07 AM)  We have similar BS is guitar world too https://www.ultimate-guitar.com/news/genera...lS6TEoQZ8ayoLAU There is always the OLA ENGLUND approach He was earning a living at music before he dealt much with the public. He manged to get a huge youtube following which can generate a decent income if it's big enough. Then he started charging money for gear reviews. Second revenue source. Eventually, he got invited to join two different touring bands. Third income source. At this point, he was not selling many records, certainly not having songs that were "hits", but he did make and sell his own cds which had a special version (contained midi drum files and extras) for $40 each. Third income source. Now he has his own guitar line. Fourth income source. Also he does clinics. Fifth income source. So without any hit records, he's earning a good living and raising children. So it's possible Todd QUOTE (Adam M @ Nov 27 2018, 10:25 AM) I think it was Metallica. Anyway, some band acknowledged that selling albums isn't that profitable with the net and piracy. They said that tour merch and tickets are most reliable income. So it's not about writing a few songs and counting dollars for the rest of the year but actually lots of hard work. And interacting with people in real life, something I find difficult
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Nov 28 2018, 05:30 PM
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There's a lot of over simplification in the that video. There's also a lot of just 'wrong' in there too.
1) A smart band or solo artist doesn't take an advance. Keep your day job. This has been gospel since the late 60s. 2) Songwriters get royalties from live gigs. BMI, ASCAP, SESAC and Soundscan collect those from the venues large and small as well as streaming services. 3) A smart songwriter starts their own publishing company. If you don't, you'll only ever get 50%. 5) You've ALWAYS had to sell a shitload of records to make any money - at least 500,000 units. Streaming, youtube, etc. are all potentially 'free' so of course you need well into the millions to see any real dough. *6) Movies and TV revenue have always been the way that songwriters make their most money. This post has been edited by klasaine: Nov 28 2018, 09:54 PM -------------------- - Ken Lasaine
https://soundcloud.com/klasaine2/foolin-the-clouds https://soundcloud.com/klasaine2/surfin-at-the-country-hop Soundcloud assorted ... https://soundcloud.com/klasaine3 New record ... http://www.cdbaby.com/cd/kenlasaine Solo Guitar ... https://www.youtube.com/playlist?list=PLXZh...5iIdO2tpgtj25Ke Stuff I'm on ... https://www.youtube.com/playlist?list=PLXZh...b-dhb-4B0KgRY-d |
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