Create A Substantial Revenue Stream By Licensing Your Songs
When you start licensing your music it’s important that you build up a sizeable catalog of songs in order to create a significant stream of revenue. Depending on what your financial goals are, music licensing can be either a fun, part time thing that you pursue and make a little money from on the side. Or, it can turn into a very substantial form of revenue in either the tens of thousands or even hundreds of thousands of dollars per year.
They key to reaching the latter goal is to build up your catalog of songs as large as possible in order to plant as many seeds as possible. For example, I work with a publisher and each year I add new songs into my catalog of music that my publisher represents. The old songs continued to get marketed and placed and the new songs simply go into the pipeline and eventually end up generating revenue as well. It grows exponentially over time. In the beginning maybe you’ll only license say a handful of songs per year. But if you continue that each year eventually you’ll create a major source of money from your music.
And of course one of the coolest things about the music licensing business is there really is no barrier of entry in terms of your age, image, etc. If you write well produced, catchy and stylistically relevant songs, you’re in! Or at least you can get in.
For more information on music licensing and how you can get your music in TV and Films visit http://www.howtolicenseyourmusic.com for more.
Aaron Davison is a Berklee College of Music Alumnus who has been working in the music licensing business for six years. His songs have been featured on several national television shows.
Article from articlesbase.com
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