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Sunday, August 11, 2013

Beats&Money


What’s the real correlation between music and money? In my opinion that’s a real easy question to answer, when people like your music they’ll purchase it in some form whether that is Cd, Download or live performance. The quality of the music is mostly a relative term but the sales generated cannot be denied. Selling musical compositions mostly starts out as a service business but once your name is established it shifts into a product driven venture. The producer’s name is now the product that is packaged along with the song for marketing purposes. There are many lucrative opportunities in the music industry but there are clearly more artists and companies then opportunities.

In my opinion the best way to close the gap is to occupy a niche in the marketplace and never count on record labels to make you famous. The more work artists do by themselves the more interested distribution companies become. The distribution deal is the holy grail to musicians because owning your own record company is a lot more lucrative then working for one.

Producers normally get paid whether your project is successful or not which is the reason why there are so many successful but unknown producers. Sound engineers and studio owners also make their living off of music along with other scores of professionals. There are plenty of good jobs in music but most of them will not make you rich but the capacity for advancement and growth are ever-present.      

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