Monetize Your Music

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Lately, I've been focusing on how to promote my music and reach/build an audience and on making sure that I'm collecting all the royalties that belong to me.

However, I notice that a lot of musicians (including myself) know very little about it, the information is sparse and confusing, there is no checklist about where to register, what's needed to be claimed and so on.

So I thought it might be helpful for all musicians to gather, share information and experiences and learn from each other.

The purpose of this community (as of now) is to post about the following:

1) Music royalties collection

  • Research
  • Which company collects which royalties
  • How to register, collect
  • Anything else related to royalties
2) Music promotion (not here, intended as how to)
  • Research
  • Testing, experiences
  • What works and what doesn't
  • What tools, companies or methods and how to use them
  • Anything else related to music promotion
  • Well, I guess you got the point :) Anyone who can give or get value from here is more than welcome!

    founded 10 months ago
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    Master Thread Royalties (self.monetize_your_music)
    submitted 10 months ago* (last edited 10 months ago) by luca_mancini_drummer to c/monetize_your_music
     
     

    DISCLAIMER
    Even though royalties should work roughly the same everywhere, everything which follows is written from an EU point of view. Always make sure about the conditions of each company you are signing with.


    This thread will be constantly updated with new info acquired.
    Please, feel free to correct the OP or add missing information in this and any other thread in this community.


    In this thread, I'd like to gather the most important information that every musician should know about royalties.
    TL;DR sign up with a PRO and with SoundExchange (or analogue) and claim all your songs.


    Performance Rights Organisation (PRO)


    What does a PRO do

    A PRO (typically) collects the following royalties:

    1) Performance Royalties;

    • Performance royalties are generated when a musical work is publicly performed. Public performances include plays on radio, television, live concerts, clubs, restaurants, streaming services, and other public venues.
    2) Mechanical Royalties; (this could be collected by labels and distributors)
  • Mechanical royalties are generated from the reproduction or distribution of recorded music. This includes sales of physical copies (CDs, vinyl) and digital downloads or streams.
  • 3) Synchronization Royalties;
  • Sync royalties are earned when a musical work is synchronized with visual media, such as movies, TV shows, commercials, video games, or online videos.

  • Who should sign up

    1. Songwriters;
    2. Publishers;

    Which PRO to choose

    There are many PROs in the world and theoretically, they should provide the same service (plus/minus).
    Normally, you might prefer the PRO which is located in your country, for easier communication and easier taxation process.
    However, each PRO has its practices, systems, processes and so on (eg. annual fee), so you can check and choose which one overall suits you the best.
    You can possibly register in more than one PRO, but you cannot delegate 2 PROs to collect royalties for the same country.
    Ultimately, it shouldn't matter for which PRO you sign for, all of them should collect the same royalties and worldwide.
    I will start a list of PRO (by country, alphabetically) with which I had some (direct or indirect) experience. I will add more if somebody provides information.


    Digital Performance Royalties (DPR)


    What does a DPR collecting company do

    A company working on DRP (typically) collects the following royalties:

    1) Digital Performance Royalties;Digital performance royalties are generated when a recording is performed on non-interactive digital platforms such as internet radio, satellite radio, and streaming services. These royalties are only related to the actual sound recording.


    Who should sign up

    1. Recording artists (including session and featured musicians)
    2. Copyright owners (eg. labels, producers, could be the artist itself)
    3. Managers of the above mentioned

    Which DPR to choose

    Like PROs, there are many companies which do this, and the same rules apply here.
    As above, here's a list by country ordered alphabetically:


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    submitted 5 months ago* (last edited 5 months ago) by luca_mancini_drummer to c/monetize_your_music
     
     

    Dear fellow musicians,

    Today, I'd like to share with you another of my favourite Bandcamp's alternatives!
    It is called Faircamp, and it is a static site generator for audio producers.

    This free and open-source tool, allows you to easily generate webpages for your music that can be self-hosted.
    While Faircamp doesn't have any promotional features itself, @keefmarshall created a webring, where you could be discovered (as long as you join the ring).

    You can find all the features on Faircamp website.
    Meljoann's extensive blog post walks you through getting started with faircamp on Windows, Mac and Linux.
    The Faircamp webring can be found here.
    Radio Free Fedi is providing some help for Faircamp hosting. Read more here.

    Faircamp is kindly offered by Simon Repp.

    Enjoy! ๐Ÿ™ƒ

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    Dear fellow musicians,

    Today, I'd like to share with you one of my favourite Bandcamp's alternatives!
    It is called Mirlo (@[email protected]) and, from their website:

    • Mirlo provides a user-friendly space to help musicians sell music, manage subscriptions, and share with their supporters.
    • Directly support musicians. Buy their music. Collectively owned and managed.

    This is not a promotion tool, however, it features a couple of "discovery" ways that people can find your music and, needless to say, it's a place where to monetize it.

    The current pricing is the following: "Mirlo uses a transparent and consistent pricing model. We charge you 7% of your sale, and our payment processor (Stripe) takes a roughly 3% cut."

    You can find all the features here.

    They are launching a Kickstarter campaign soon, I haven't checked the details yet (if any), but keep an eye on that if you're interested on what they are coming up with! ๐Ÿ˜€

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    submitted 8 months ago* (last edited 6 months ago) by luca_mancini_drummer to c/monetize_your_music
     
     

    Dear fellow musicians, in case you didn't know there is a 100% fediverse-sourced online radio called Radio Free Fedi (@[email protected]).

    About radio free fedi, from their website/***********************************************/
    Our friend Gabe from @[email protected] really wanted a 24/7 feed of fedi artists, video, audio, anything. Given various attempts by Gabe and ourselves at both video and podcast formats with sustainability of content and buy-in issues, RFF is an invitation to a community driven pivot.

    radio free fedi is consent, agency and artist celebrating community radio from the fediverse. We actively and openly present contributing artists' information with the hopes that you will drop-in, discover, and then LEAVE? That's right, RFF has no interest to be an end-point for hyper focused consumption. We also do not have the resource to provide infinite custom streams and we love the community to not do souless algorithms. We want to foster organic discovery and discourse. We want to generate support for fedi artists on the platforms and methods of their choice, no judgement. Support independent and fedi artists!
    /***********************************************/

    You can easily submit your music which will be then in rotation on the radio!
    You'll have the chance to be discovered and discover other fedi musicians!

    In the submission, you can indicate your fedi account and your favourite support method which the listeners can easily click when your track is playing :)

    From their website again:
    *** Keep submitting music, voice reads, written pieces! Keep listening and discovering. Every day is a great day to discover and support independent artists! ***

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    submitted 10 months ago* (last edited 6 months ago) by luca_mancini_drummer to c/monetize_your_music
     
     

    Hello everyone,
    I'm trying to see if this method somehow works.


    For those who don't know, SteamGift is a platform where you can either join giveaways or create them, gifting, well, Steam keys.


    So, the main idea is that when creating a giveaway, you can write a description where you promote your music, and, depending on the game, you might get a decent amount of impressions.

    The thing is, some good classics, sometimes get some 90%+ discount and you can buy them for not more than a couple of โ‚ฌ.
    For instance, I created a giveaway (well, this was 8 years ago, but I'm back to try this lmao) for The Witcher 2 which I paid probably 2โ‚ฌ and it got 4140 entries.

    Recently, I gave away:

    • Metro: Last Light Redux - paid 1,79โ‚ฌ - 1740 entries;
    • Postal 2 - paid 0,68โ‚ฌ - 778 entries;
    • Rubber Bandits - paid 0,90โ‚ฌ - 1347 entries;

    The ratio cost/entry is not bad, but unfortunately, it looks like 99.9% of people don't even read the description.
    So far, this method is not worth it, I think I'll try a few more and then I can consider it failed (if the trend stays the same).

    Have you ever tried something like this?

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    Hello musicians of the fediverse!

    I just started a Lemmy community ( @monetize_your_music ) where the main objective is to share information about all the royalties we should collect and how to best promote our creations ๐Ÿ™ƒ

    Feel free to join, bring and grab some value! ๐ŸŽถ

    #Fediverse #Musician #Musicians #Royalties #Promotion #Music #MusicPromotion #Composer #Artist #PRO