Music Licensing As A Source Of Passive Income
Published: Wed, 01/21/09
Hi ,
I recently received a royalty check for a little over $700.00 for one of my songs that was used in a daytime drama. I've received checks for much larger and I've received checks for much smaller. But the beauty of this particular royalty payment is that it was for a song that I wrote close to four years ago. This is the fourth time the song has been used!
The ability to create a passive income stream from your music is one of the coolest things about music licensing. In addition to the sheer thrill of hearing your music on TV, or elsewhere, there is also the real possibility of creating a stream of income that will grow over time. A friend of mine that I went to Berklee with recently had a song in a Chili's commercial that aired repeatedly, every day, for months. Kaching! My most recent royalty check was for a song that was used twice in spots that were around 30 seconds long, just to give you an idea.
For an in depth education on how to navigate your way through the music licensing business and start generating money with your music, check out my program "The A-Z Of Music Licensing". It's the most comprehensive program I offer and explains very clearly EVERYTHING you need to know to start licensing your music either via a publisher or on your own. I also offer the program with one on one coaching where I work with your directly to help you get started. I'll work with you personally both via the phone and email to help you develop a game plan based on your own unique situation that you can implement immediately.
If you're already pretty business savvy and understand how the music licensing business works, I also offer the 2009 Industry Directory that comes with my program separately. The directory is a list of over 150 supervisors, publishers, music libraries, etc all working in the music licensing business. The directory also includes my original ebook on music licensing that explains how to license your music and the different technical aspects involved in getting paid, copyrighting your music, finding a publisher and much more. Get the directory and ebook here.
Happy Songwriting!
Aaron Davison
How To License Your Music.com
For an in depth education on how to navigate your way through the music licensing business and start generating money with your music, check out my program "The A-Z Of Music Licensing". It's the most comprehensive program I offer and explains very clearly EVERYTHING you need to know to start licensing your music either via a publisher or on your own. I also offer the program with one on one coaching where I work with your directly to help you get started. I'll work with you personally both via the phone and email to help you develop a game plan based on your own unique situation that you can implement immediately.
If you're already pretty business savvy and understand how the music licensing business works, I also offer the 2009 Industry Directory that comes with my program separately. The directory is a list of over 150 supervisors, publishers, music libraries, etc all working in the music licensing business. The directory also includes my original ebook on music licensing that explains how to license your music and the different technical aspects involved in getting paid, copyrighting your music, finding a publisher and much more. Get the directory and ebook here.
Happy Songwriting!
Aaron Davison
How To License Your Music.com