Music Earnings and Rights Explained: What You Need to Know

In the music industry, it is essential for artists to understand and properly manage their music rights in order to make money. In this article, we will explain in detail the revenue and rights of music and show you how to maximize revenue by utilizing platforms such as SoundOn.

The Basics of Music Revenue

There are many sources of revenue for music. For example, streaming services, concert ticket sales, merchandise sales, and licensing agreements. By understanding and managing these sources of revenue properly, you can further enhance your artist career.

Streaming revenue

Streaming platforms such as Spotify and Apple Music give back revenue based on the number of plays of a song. The more plays you get, the more revenue you get. However, with many artists competing, promotion is the key to increasing the number of plays.

Concert revenue

Live performance is also an important source of revenue. Not only ticket sales, but also merchandise sales at live venues and fan exchange events generate revenue. In particular, direct interaction with fans is important to gain long-term support.

About the Rights of Music

There are two main types of music rights: copyright and related rights. Understanding these rights allows you to protect and monetize your music.

Copyright

Copyright is the right to write and compose music. By having this right, you can prevent your music from being used without permission. You can also earn money by signing a license agreement that allows others to use it.

Related Rights

Neighboring rights are rights related to performances and sound recordings. They are the rights of performers and sound producers, which prevent unauthorized use of performances and sound recordings. This right is also involved when recordings are played back on streaming, CD, etc.

The Importance of Rights Management

Proper management of music rights can prevent unauthorized use and generate legitimate money.Registering copyright and related rights makes it easier to take legal action in the event of infringement.

Get Professional Help

Rights management is a complex task, so we recommend getting professional assistance. Having the support of a music publisher or a lawyer can reduce the risk of infringement and maximize your revenue.

Strategies to Maximize Music Revenue

To maximize music revenue, not only rights management, but also effective promotion strategies are essential. Here are some effective strategies.

Promotion and Marketing

In the digital age, social media promotions are very effective. You can use TikTok and Instagram to spread your music and gain new fans. You can also use platforms like SoundOn to achieve global reach.

Communication with fans.

By valuing communication with fans, you can gain long-term support. It is important to actively interact with fans through SNS and official website and incorporate their opinions. In addition, regular live broadcasts and events are also effective.

Collaboration

Collaborating with other artists is also an effective way. By collaborating with artists from different genres, you can reach a new fan base. Also, co-promotion can be a positive effect for both parties.

Spread the music with SoundOn

A reliable distribution platform is essential to maximize your music revenue and properly manage your rights. SoundOn is a powerful tool to support your music marketing and distribution in bulk and gain new fans.

Right nowJoin SoundOnSpread your music and maximize your revenue.

In summary, understanding your music revenue and rights and having the right strategy can help you grow as an artist.Take your music career to the next level with SoundOn.