Not only making music, but monetizing it is important for many musicians. In this article, we will introduce how to make money with music, as well as other platforms worth considering while focusing on the cost of music distribution service Distrokid.
There are several ways to make money with music. Here are some representative methods:
Distributing your music in streaming or download format allows you to earn money based on the number of plays from listeners. There are major streaming services such as Spotify and Apple Music, so it is important to increase listeners here.
Performing at live concerts and events is also a direct source of revenue. You can earn money by selling live tickets and selling merchandise.
You can make money by selling merchandise related to your brand or music to your fans. Think of t-shirts, posters, CDs, etc.
You can also earn licensing fees for music used in movies, television, advertising, etc. This will open up new sources of income.
To distribute music, you need to choose a distribution platform and consider its cost. Distrokid is one of the most popular music distribution services, but let s take a closer look at its cost.
Distrokid has an annual subscription system that allows artists to distribute unlimited music for a fixed annual fee. As of 2024, the basic plan starts at $19.99 per year. With this plan, you can distribute your music to multiple streaming services.
In addition to the Basic Plan, Distrokid has additional fees for additional features and services. For example, there are options such as YouTube monetization, store highlighting, or special release settings, each with an additional fee.
Besides Distrokid, there are many other music distribution platforms. Next, we will briefly introduce other options such as SoundOn.
SoundOnSoundOn is a music streaming service that works well with TikTok. It offers a variety of promotional tools to help you reach a new fan base and a platform to make it easier for artists to build their careers. By signing up for SoundOn, you gain access to a wide range of digital streaming services.
There are many other music distribution platforms such as Tunecore, CDbaby, ONErpm, LANDR, Indiefy, and Amuse. Each has its own pricing and services, so it s important to choose one that fits your needs and budget.
There are many ways to make money with music, but making good use of a distribution platform is part of that success. With a solid understanding of Distrokid s costs, choose a platform that s right for you. And be sure to consider new options like SoundOn and take a step towards success in the music world.