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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