Saturday, October 11, 2008

Make Money From Licensing Your Music

Recently I had a conversation with one of our site members named Tony “MadBeats” Stewart to help him explore avenues for making money from his music. And like most recording artists and music producers, Tony only concentrated on mainstream outlets like MySpace, CDBaby and iTunes to sell his music.

I told him to think outside the box. Come up with ways to make money.

After 20 minutes…..nothing.

Not one single idea….

So I told him that there were a few companies that most recording artists and music producers probably never heard of and that these companies helped recording artists and music producers generate thousands of dollars from licensing their music.

YouLicense

The first company is YouLicense.com which is supposed to make it easier for recording artists and music producers to license their music to people that need it.

YouLicense has created a massive marketplace for artists, writers, producers, publishers, labels to license their music. Music license fees can go for $1 up to $150 or more.

RumbleFish

The next music site geared towards recording artists and music producers is Rumblefish Music. They also offer a large database of music that can be licensed for use in movies, television, and radio.

They offer artists a 1 year license agreement with no submission fees. They also allow artists to keep 100% of your ownership rights as well as 100% of back end royalties. So if you want to receive a check 4 times a year I suggest you register for an account.

PumpAudio

PumpAudio is another music site I recommend. They have generated over 80,000 placements in TV for independent artists last year alone. Click here to check out their site.

FreePlay Music

FreePlayMusic is another website that has really gained a lot of popularity of the past several years. They submit music to every major television network and had placements at the Olympic Games.

LicenseMusic

License Music is another site that offers music for use in TV, Film, Video, Games, Commercials and more.

All of their music is pre-cleared and has a set pricing structure. A typical license fee can run between $50 and $1000 per track. They do work a bit different from the other sites because they require artists to submit 2 CD copies of their work and then an agreement is sent to them to sign.

So if you want to make more from your music you should consider submitting your music to one of the following site.

If you want more information on how to make money from your music make sure you sign up for a free account at Mix Me Entertainment.

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