Know Where Your Music Royalties Are
Feeling cross-eyed when you think of music ROYALTIES? 🤪 Serving up some free music royalty prompts for making it a prosperous September to remember!
A Berklee study found that 20-50% of royalties never make it into the artist’s pocket, mainly because artists don't know where or how to claim their funds⁉️ If you've released music, chances are there's money you're leaving on the table that you've already made!
We wanted to shed some light ⚡on this topic because we see this stop too many artists when they are just a few steps away from GOLD!
1. A royalty is generated every time your music is streamed, downloaded, bought or broadcast.
2. Knowing where your music money is...is EVERYTHING. (You need to be registered with multiple orgs and companies to get all your royalties, fortunately, this is pretty easy to straighten out! 👍When we work with artists, we help them discover where their funds are and how to claim them)
3. Ask for the SALE every day to stay in business and generate far more.
If you don't know how you can make money, where it is or how much you can generate from different revenue sources, you can't confidently build a career 📈 that creates enough income for you to make a living doing what you love.
And before you knock those who are motivated by music + money, here are wise words by one of my favs Erykah Badu: ➡️ The music business is motivated by money. Music is motivated by energy and feelings.
Ask yourself...Do you want to JUST make music or do you want to make music + money in the music business? It's your choice.
Here at IHMV we support singers to create more royalties with less confusion, more music with less stress. ❤ #MusicRoyalties #TheThrivingSinger