Music 101, Platinum Articles

#ChicagoMusic- 42 Ways for You to Earn Money


Hey Y’all!

It’s Your Gyrl, Ms. Carmen aka Platinum Voice PR bringing another relevant topic to you!

Source: DjBigO

Songwriter & Composer Revenue
1. Publisher advance-Bulk payment to songwriter/composer as part of a publishing deal. Paid to: songwriter composer by publishing company. Rate: varies according to deal.

2. Mechanical Royalties 

Royalties generated through the licensed reproduction of recordings of your songs — either physical or digital. Paid to: songwriter/composer by publisher, label, Harry Fox, or digital aggregation like CD Baby. Rate: 9.1 cents per manufactured copy of song/composition.

3. Commissions

Typically a request from an ensemble, presenter, orchestra or other entity for a composer to create an original work for them.

4. Public Performance (PRO) Royalties

Revenue generated when your songs are played on radio, TV, in clubs and restaurants. Paid to songwriter/composer/publisher by ASCAP/BMI/SESAC.
5. Composing Original Works for Broadcast

Typically a commercial request to compose an original jingle, soundtrack, score, or other musical work for a film, TV or cable show, or an ad agency.
6. Synch Licenses Typically involves licensing an existing work for use in a movie, documentary, TV, video games, internet, or a commercial. Paid to songwriters/composers either via publisher or record label, or via a direct licensing deal with the licensee (movie studio, ad agency, etc) if you are self-published.

7. Sheet Music Sales 

Revenue generated by the sale of songs/compositions as sheet music. Paid to songwriter/composer by publisher, or directly from purchasers if you are selling it on your website or at performances.

8. Ringtones Revenue

Generated from licensing your songs/compositions for use as ringtones. Paid to songwriter/composer via your publisher, your label or Harry Fox.

9. ASCAPlus Awards Program

Awarded by ASCAP to writer members of any genre whose performances are primarily in venues outside of broadcast media.

10. Publisher Settlement

Payment from publishers to writers for litigation settlements.
Performer & Recording Artist Revenue

11. Salary as Member of Orchestra or Ensemble

Income earned as a salaried member of an orchestra or ensemble.

12. Shows/Performance Fees

Revenue generated from playing in a live setting (for non-salaried players).

13. Record Label Advance 

Paid to artist as part of signing a deal.

14. Record Label Support

Money from label for recording or tour support.
15. Retail Sales

Revenue generated from selling physical music in retail stores or via mail order. Paid to artist/performer by your label, or digital aggregator like CD Baby.

16. Digital Sales

Revenue generated from selling music digitally/online. Paid to artist/performer by your label, or digital aggregator like CD Baby or Tunecore.
17. Sales at Shows

Revenue generated from selling recordings of music at shows/live performances. Paid to artist/performer directly by fans.
18. Interactive Service Payments

Revenue generated when your music is streamed on on-demand services (Rhapsody, Spotify, Rdio). Paid to artist/performer by your label, or digital aggregator like CD Baby or Tunecore.

19. Digital Performance Royalties

Revenue generated when your sound recordings are played on internet radio, Sirius XM, Pandora. Paid to performers by SoundExchange.
20. AARC Royalties

Collected for digital recording of your songs, foreign private copying levies, and foreign record rental royalties, distributed to US artists by AARC.
21. Neighboring Rights Royalties

Collected for the foreign performance of your recordings.
22. AFM/Secondary Markets Fund

Paid to performers on recordings used in TV and other secondary uses.
23. AFM/Sound Recording Special Payments

Paid to performers for the sales of recorded music.
24. AFTRA Contingent Scale

Payments paid to performers when a recording hits certain sales plateaus.
25. Label Settlements

Payments from labels to recording artists for litigation settlements (MP3.com, Limewire).
Session Musician Revenue
26. Session Musician/Sideman Fees for Studio Work

Revenue paid to you for playing in a studio. Paid by label, producer or artist, depending on situation.
27. Session Musician/Sideman Fees for Live Work

Revenue paid to you for playing in a live setting. Paid by label, producer or artist, depending on situation.
28. AFM/AFTRA Payments

Payments from the AFM/AFTRA Intellectual Property Rights Distribution Fund, which distributes recording and performance royalties to non-featured artists.
Knowledge of Craft: Teaching & Producing
29. Music Teacher

Revenue generated from teaching your musical craft.
30. Producer

Money from producing another artists’ work in the studio or in a live setting.
31. Honoraria or Speakers Fees
Brand-Related Revenue
32. Merchandise Sales

Revenue generated from selling branded merchandise (t-shirts, hoodies, posters, etc.). Paid to artist/performer by fans.
33. Fan Club

Money directly from fans who are subscribing to your fan club
34. YouTube Partner Program

Shared advertising revenue, paid to partners by YouTube
35. Ad Revenue

Or other miscellaneous income from your website properties (click-through, commissions on Amazon sales, etc.)
36. Persona Licensing

Payments from a brand that is licensing your name or likeness (video games, comic books, etc)
37. Product Endorsements

Payments from a brand for you endorsing or using their product
38. Acting

In television, movies, commercials
Fan, Corporate, & Foundation Funding

39. Fan Funding

Money directly from fans to support an upcoming recording project or tour (Kickstarter, Pledge Music)
40. Sponsorship

Corporate support for a tour, or for your band/ensemble
41. Grants

From foundations, state or federal agencies

Other Sources of Revenue
42. Arts Administrator

Money paid to you specifically for managing the administrative aspects of a group that you are a member of.

You never know where I may be bringing you the events of Chicago, so make sure you follow this blog and Follow me on Twitter, @PlatinumVoicePR! If you need your name and craft to buzz out here, go to http://www.platinumvoicepr.com.  Until next time, See ya later Babies!

Disclaimer:

(PlatinumVoicePR is the source for the events and has no legal bindings with associated parties)

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