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How To Make Money With Gigging
Hello all, and welcome to a look at how to better make money in your music career. Whether you want to earn a full time income from your music or you simply want to make enough to cover recording or equipment costs, this series should go a way in helping you achieve that.Today I’m going to look particularly at how you can make money from gigging. I often see musicians leaving money on the table from their gigging efforts, either through shyness, or simply because they didn’t know how best to monetize their performances. With that in mind, here are some of the main ways you should be making money from each gig.
If you are yet to get many gigs, you may want to check this guide on getting gigs first. If you already know how to get gigs and you have some under your belt, then let’s move on. As always, if you find this guide useful please share it round with your follow musicians.
1. Collecting Royalties From Your Live Performance
So this is the one that a fair few musicians either don’t know about, or think is to complex to do. In reality, collecting royalties from your gigs isn’t difficult at all.Whenever your music is performed in public places, you earn money. That said, if you don’t sign up to a royalty collection company and have them chase up that money for you, then you simply don’t get it.
Music Makers
Let me take
you through a few things before I start listing other things. Ask yourself this
question? Where in the world am I located? This will help you to see what the things
that are available to you, for you to use. If you are in the standard countries
like USA and Europe, then there are a lot of opportunities for you in regards
to Publisher, Agent, Manager, Record Deals, World Class studio, and offers.
There is a complete system set up for artistes in those countries that I
mentioned above. If you are in the Caribbean, then it is a different thing. In
the Caribbean there are no system set up for artistes to progress easily.
What is music?
First, a definition of terms. What is it we're talking about here? What exactly is being bought and sold? In the past, music was something you heard and experienced — it was as much a social event as a purely musical one after you did, it was over, gone — a memory by David Byrne
First, a definition of terms. What is it we're talking about here? What exactly is being bought and sold? In the past, music was something you heard and experienced — it was as much a social event as a purely musical one after you did, it was over, gone — a memory by David Byrne
Diagram showing sales of different categories:
Where are we now musically?
The view now
is that, the whole cope for music and music business have changed complete from
the year 2002 until now.
Six types of Music Deals For Artistes
1. 360, or equity, deal, where every aspect of the artist's career is
handled by producers, promoters, marketing people, and managers.
2. Standard distribution deal-The record company
bankrolls the recording and handles the manufacturing, distribution, press, and
promotion. The artist gets a royalty percentage after all those other costs are
repaid. The label, in this scenario, owns the copyright to the recording
3. The license deal is similar to the standard deal,
except in this case the artist retains the copyrights and ownership of the
master recording.
4. the profit-sharing deal- retained ownership of
the master. Thrill Jockey does some marketing and press
5. In the manufacturing and distribution deal, the artist
does everything except, well, manufacture and distribute the product. Often the
companies that do these kinds of deals also offer other services, like
marketing.
6. the self-distribution model, where the music is
self-produced, self-written, self-played, and self-marketed. CDs are sold at
gigs and through a Web site.
Which
Company to sell your song through?
REVERBNATION
In addition to digital distribution and aggregation services, ReverbNation offers robust social networking integration, profile pages, widgets, mailing list management and much more. For more information: www.reverbnation.com
Digital distribution services offering
• $34.95 (essentials) to $59.95/year (pro), up to 40+ digital retailers
• Reporting sales to Nielsen SoundScan
• You maintain all the rights over your music, and keep 100% of the sales and
royalties
• Weekly Trending Reports to track sales
• Monthly payments/ earnings are available 60 days after the end of the month in which
the sale/stream is reported
• Pro Plan Bundle – $19.95/month for two releases a year (LP, EP or single),
includes:
- Custom Android Fan App
- Reverb Press Kits
- Pro Widgets
- 50+ FanReach e-mail newsletter templates with up to 10,000 contacts
- Mega Song Storage – 100 MB max upload size & unlimited song uploads &
downloads
• Max Plan Bundle – $500/year for four new releases a year, includes:
- On The Go account management from your mobile
- Free customizable music widgets
- Fan collector to manage all fan emails from various sources
- Create your own custom banners
- Social Sync to update all your social networks at once
- Promote It delivers targeted ads for your band in sites like YouTube,
Facebook, Pandora, MTV, and dozens more.
I RECOMMEND THIS SITE TO EVERY ARTISTES,
PRODUCER, PUBLISHER & MANAGER.
TUNECORE
TuneCore principally offers musicians and other rights holders the opportunity to place their music into online retailers and streaming sites while taking no rights and no revenue from the sale of artists' music. When you sign up with TuneCore, they automatically become your publisher. For more information: www.tunecore.com
Digital distribution services offering
• One-time setup fee for submitting music $29.99 per album, $9.99 per single
• Annual maintenance/renewal fee of $49.99 per album, $9.99 per single
• From 24 hours to four weeks to get music in various digital download stores
• Free monthly Sales Reports detailing how many downloads your songs received
• Opt-in at extra charge for weekly Trend Reports which more details on downloads
• Deposit earnings in PayPal account for free (3-4 business days) , but charge of
$2.75 for direct deposit and $3 for mailing a check (7-10 business days)
• Charge of 99 cents for every store you choose to distribute your music to
• Free barcode for your album or single
• Ability to get accounting and payments on a monthly basis
• Up to 25 free streaming music players (widgets) with your music for your own
webpage
plus Facebook, My Space and iTunes store link on your artist page
• Team of full-time, specially trained Artist Support Reps and weekly newsletter
• Ringtone distribution also available at $19.99 per year
TuneCore principally offers musicians and other rights holders the opportunity to place their music into online retailers and streaming sites while taking no rights and no revenue from the sale of artists' music. When you sign up with TuneCore, they automatically become your publisher. For more information: www.tunecore.com
Digital distribution services offering
• One-time setup fee for submitting music $29.99 per album, $9.99 per single
• Annual maintenance/renewal fee of $49.99 per album, $9.99 per single
• From 24 hours to four weeks to get music in various digital download stores
• Free monthly Sales Reports detailing how many downloads your songs received
• Opt-in at extra charge for weekly Trend Reports which more details on downloads
• Deposit earnings in PayPal account for free (3-4 business days) , but charge of
$2.75 for direct deposit and $3 for mailing a check (7-10 business days)
• Charge of 99 cents for every store you choose to distribute your music to
• Free barcode for your album or single
• Ability to get accounting and payments on a monthly basis
• Up to 25 free streaming music players (widgets) with your music for your own
webpage
plus Facebook, My Space and iTunes store link on your artist page
• Team of full-time, specially trained Artist Support Reps and weekly newsletter
• Ringtone distribution also available at $19.99 per year
For a small fee per album, CD Baby offers an impressive array of sales and distribution opportunities to download and streaming services. Fore more information:members.cdbaby.com
Digital distribution services offering
• One time $49 submission fee per album for all digital stores and services
• One time $12.95 submission fee per single for all digital stores and services
• CD Baby pays you 91% of your net digital distribution revenue
• CD Baby pays you 91% of your MP3 sales
• Via the CD Baby Widget, sell MP3’s on your Facebook Page and your website
• Sell MP3’s directly from CD Baby’s website
• Mail order distribution of your CDs and vinyl records via CD Baby’s website
• CD Manufacturing via Discmakers (CD Baby’s parent company)
• Web hosting via Host Baby
• You set the selling price for physical media sold on CDBaby.com and through
CD Baby’s physical distribution program; CD Baby
keeps $4 per unit sold
• Set a pay point ($10 minimum) above which you will be paid the following
Monday
• FAQ info, member forums
• Offer Download Cards to fans
• UPC Bar Code purchase for your releases
• Music Promotion Tools and Digital Musician Guides
• Free SoundCloud integration
• Partnerships with Sonic Bids.
Where to get the cheapest upload done?
Prime Management Business & Production
Digital Distribution
of Music and Management Services
The business is designed to make online
payments on behalf of artists for music uploads tovarious online stores via the
digital platform (Tunecore or any other sites) at a cost of $ 17.00 US dollars
per song. In addition, a management fee of 20% will apply to every song that is
downloaded for service rendered. Also, each artist will have to register with
our business at a cost of $ 9.00 US dollars.
Tunecore is the online platform that Prime Management
Business & Production uses. This Platform is the best so far and the
cheapest. The artistes will benefit from a number of services and pills over as
a member of Prime Management Business & Production. These services are:
1.
Market stats and sales report for music sales
2.
Opportunity to obtain management contract for
song distribution- locally and online
3.
Artistes songs will purposefully push into
market online and offline
4.
Opportunity upload their songs on ITUNE and
Amazon and Other sites.
5.
Streaming opportunity
6.
Royalties maximization
Management Contact:
Lime 876
799-4996
Digicel 876 409-1493
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